Johannesburg: Accounts Payable Financial Manager posted by Hire Resolve

About the Role

Hire Resolve’s client in the FMCG industry is seeking an experienced Accounts Payable Financial Manager to oversee and manage the daily operations of our accounts payable department. The ideal candidate will be responsible for ensuring accurate and timely processing of vendor invoices, expense reports, and payments, while adhering to relevant policies, procedures, and regulatory requirements.

Key Responsibilities

• Lead and manage the accounts payable team, ensuring they are motivated, trained, and equipped to deliver high-quality work within specified timelines.
• Oversee the end-to-end accounts payable process, including invoice and payment processing, vendor statement reconciliations, and resolution of accounts payable discrepancies.
• Monitor and review expense claims and employee reimbursements, ensuring compliance with company policies and correct general ledger coding.
• Ensure timely and accurate processing of vendor invoices, including matching them with purchase orders, obtaining necessary approvals, and verifying relevant supporting documentation.
• Collaborate with internal stakeholders, such as Procurement and Finance, to resolve vendor-related issues, ensure accurate financial reporting, and drive process improvements.
• Establish and maintain strong relationships with vendors, investigating and resolving any payment or billing queries promptly and efficiently.
• Monitor key performance indicators (KPIs) for the accounts payable function and implement measures to achieve targets, such as invoice processing time, accuracy, and timeliness of payments.
• Ensure compliance with internal controls and regulatory requirements, identifying and addressing any potential risks, and assist with internal and external audits.
• Develop and maintain accounts payable policies, procedures, and guidelines to ensure efficiency, accuracy, and adherence to best practices.
• Provide regular reports and updates to senior management on accounts payable performance, issues, and trends.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
• Minimum of 5 years of experience in accounts payable, with at least 2 years in a supervisory or managerial role
• Extensive knowledge of accounts payable processes, financial controls, and relevant regulations
• Strong analytical and problem-solving skills, with the ability to investigate and resolve complex accounts payable issues
• Proficiency in using accounting software and experience in working with ERP systems
• Excellent attention to detail, accuracy, and organizational skills, with the ability to prioritize and manage multiple tasks effectively
• Strong leadership and interpersonal skills, with the ability to collaborate and communicate effectively with internal and external stakeholders at all levels
• Proven ability to drive process improvements and optimize accounts payable operations
• Knowledge of tax regulations and VAT requirements (advantageous)

Qualifications

• Professional certifications will be an advantage, CA(SA)
• No qualifications mentioned.

Salary & Benefits

• Salary: negotiable
• Family Leave (Maternity, Paternity)