Accounts Payable Specialist

Role & responsibilities

• Review and verify invoices for accuracy, appropriate approvals and adherence to company policies.
• Process payments for due invoices and prioritize urgent invoices, ensuring timely and accurate disbursements.
• Perform detailed reconciliations of accounts payable sub-ledgers with the general ledger.
• Address and resolve payment discrepancies, invoice disputes, or vendor queries efficiently.
• Generate reports on outstanding payables, payment schedules.
• Ensure compliance with company policies, tax regulations, and legal requirements in all accounts payable activities.
• Assist in maintaining records for audits and ensuring proper documentation.
• Assist in month/year-end closing activities related to accounts payable.
• Publish Monthly/ weekly Aging and other reports of the zone that is supported.
• Identify and escalate unresolved discrepancies, anomalies, or process bottlenecks to the Team Lead/Manager for further investigation and resolution.
• Follow internal policies, procedures, and accounting controls to ensure compliance with accounting standards and legal regulations, mitigating any potential financial risks.
• Participate in identifying opportunities for process improvement, contributing ideas to streamline operations, enhance efficiency, and reduce manual intervention.