Accounts Payable Executive 12N25

An Accounts Payable Executive plays a pivotal role in the financial stability and efficiency of an organization. Entrusted with managing the company's liabilities, this position is vital for securing smooth and accurate financial operations. The role involves processing a high volume of invoices, ensuring they are paid accurately and on time, and maintaining records meticulously for audit purview. The Accounts Payable Executive is also responsible for maintaining strong relationships with vendors, addressing and resolving any discrepancies or issues, and upholding the company's financial health. This position requires a detail-oriented mindset, exceptional organizational skills, and a solid understanding of accounting principles. Candidates for this role should possess the ability to work independently while effectively supporting the broader financial goals of the organization.

Responsibilities

• Process and manage the payment of all company invoices accurately and on time.
• Review incoming invoices for accuracy, appropriateness, and proper approval before processing.
• Reconcile accounts payable transactions to ensure correct data as per internal financial systems.
• Communicate with vendors and suppliers to resolve any invoice discrepancies or disputes.
• Ensure compliance with company’s policies and procedures in accounts payable operations.
• Maintain organized files and documentation for audit and historical reference purposes.
• Prepare and analyze financial reports; assist with month-end and year-end closing processes.
• Track and monitor accounts payable and ensure timely payments to vendors and suppliers.
• Assist in maintaining the vendor database by adding new vendors and updating existing ones.
• Participate in process improvement initiatives to enhance productivity and efficiency in accounts payable.
• Work collaboratively with the finance team to support overall department goals and objectives.
• Ensure clear and effective communication with internal and external stakeholders regarding payables.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field required.
• Minimum of 2-3 years of experience in an accounts payable role preferred.
• Strong understanding of accounting principles and familiarity with accounts payable processes.
• Proficiency in accounting software and Microsoft Office Suite, particularly Excel.
• Excellent analytical skills with attention to detail and accuracy in data processing.
• Strong organizational skills and ability to manage time effectively in a fast-paced environment.
• Exceptional communication and interpersonal skills for vendor relationship management.