The Accounts Payable Specialist is responsible for managing the full accounts payable cycle, ensuring timely and accurate processing of supplier invoices, vendor payments, reconciliations, and month-end closing activities. The role supports compliance with company policies, accounting standards, and statutory requirements while maintaining strong relationships with suppliers and internal stakeholders.
Key Responsibilities
- Process and verify supplier invoices accurately and timely.
- Manage the complete Accounts Payable (AP) cycle from invoice receipt to payment.
- Prepare and execute vendor payment runs in accordance with payment schedules.
- Perform vendor account reconciliations and resolve discrepancies.
- Monitor AP aging reports and ensure timely settlement of outstanding liabilities.
- Support month-end and year-end closing activities, including accruals and prepayments.
- Prepare and monitor cash flow requirements related to vendor payments.
- Issue and process Import Documentary Collections (IDC/Form 4) and related documentation.
- Ensure compliance with VAT, Withholding Tax (WHT), and other statutory requirements.
- Support internal and external audits by providing required documentation and explanations.
- Maintain accurate accounting records within SAP and other financial systems.
- Generate AP reports and provide analysis to management when required.
- Coordinate with procurement, logistics, treasury, and other departments to ensure smooth payment processes.
Qualifications & Experience
- Bachelor's degree in accounting, Finance, or related field (English Section preferred).
- 2–4 years of relevant Accounts Payable experience.
- Experience in supplier invoice processing and vendor management.
- Hands-on experience with payment runs, vendor reconciliation, and AP aging.
- Knowledge of accruals, prepayments, and month-end closing.
- Experience in IDC (Form 4) issuance and import-related financial documentation.
- Experience in cash flow preparation and monitoring.
- Exposure to VAT/WHT filings and audit support activities.
- Good understanding of accounting principles and financial controls.
- CMA certification and/or IFRS knowledge is an added advantage.
Technical Skills
- Proficient in Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, Financial Reporting).
- Hands-on experience with SAP ERP systems.
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
Competencies
- Strong communication and interpersonal skills.
- Ability to work under pressure and meet deadlines.
- Good organizational and time-management skills.
- Teamwork and collaboration.
- Integrity and confidentiality.
Preferred
- Immediate availability or short notice period.
- Experience in multinational companies and high-volume AP environments.
