Responsible for Section Head the Accounts Payable function and to assure the accuracy of the Accounts Payable sub-ledger.
Executive & Technical Duties
Checking the adequacy of the provisions and funds balances on monthly and quarterly basis. Advise the Accounting Manager of the provisions that should be adjusted.
Checking on monthly basis the Accounts Payable Invoice Aging report and investigate any long outstanding invoices and/or debit balances.
Checking -on a monthly basis- outstanding debit memos on the Accounts Payable and propose the necessary actions to resolve the issue.
Checking -on a monthly basis- outstanding advance payments made to vendors and propose the necessary actions to resolve the problem.
Checking -on a monthly basis- any un-invoiced receipts and propose the necessary actions to resolve the issue.
Approving and reviewing invoices entered by AP accountants. The approval should include verification of the coding (cost center, location, responsibility…etc) and proper approval as per authority matrix.
Reviewing -on a monthly basis- the Vendors Master Files Changes report, and report to Financial Controller any major adjustments.
Assuring the timely booking of various Accounts Payable invoices.
Advising the Accounting Manager of the completion of all the tasks related to the monthly closing of Accounts Payable Module and perform and necessary transfers to the General Ledger.
