This position reports to the Vice President, Finance, and is responsible for managing the functions of Accounts Payable in a professional and efficient manner and to ensure all objectives are met.Duties include but not limited to: Sorts, codes and matches invoices and sets invoices up for payment and enters and uploads invoices into Accounting System. Tracks expenses, processes expense reports and prepares and processes electronic transfers and payments – local and foreign as required. Reconciles accounts payable transactions, updates foreign and local payables invoices on a daily basis, and corresponds with vendors and responds to inquiries. Assists with month end closing and reviews all invoices for appropriate documentation and approval prior to payment. Sets up letter of credit facility for some suppliers. Processes monthly journal entries to general ledger; assist in preparing Vat returns; reconciles of Local and foreign suppliers’ accounts on a monthly basis; reconciles sub-ledger to control accounts on a quarterly basis. Assists in reconciling all bank accounts on a monthly basis. Prepares monthly aging reports and cash projection reports. Maintains Petty Cash distribution, recording and reconciliation, and updates and maintains foreign master files.
Qualifications and Experience
Must possess a minimum of Level 1 ACCA, OR CAT with at least 1-3 years Accounts Payables and general accounting experience.. Experience in Oil and Gas/ Energy Sector will be considered an asset. Sound knowledge of Accounts Payables, general bookkeeping procedures, general accounting principles, and regulatory standards and compliance requirements. Proven proficiency in relevant computer software – Microsoft Office 365, NetSuite, Maximo