Job DescriptionOur client in the Pharmaceutical industry is looking for a Team Lead: Group Accounts Payable to lead a team within the Account Payable department to ensure that process is followed as per the group’s charter of accounts. Manage a seamless flow of accounting principles such as, cash flow forecasting, reconciliation, invoice collation and vendor payments. The role reports directly into the Group Finance Manager and it’s based in Northriding. Key skills and experience: • Ensure reconciliation of the statement/ invoice to the vendor ledger is done. • Ensure that invoice queries are followed up. • Ensure that payment allocations are completed on the day of payment once it’s released, or the next working day (F-53) and the weekly cash-flow forecast is updated. • Ensuring that invoice details are correctly added (i.e., name, vat number, address) • Ensure the accuracy of the posting & that the invoices are authorised. • Ensure all coding is completed and that all inboxes are cleared. • Ensure all invoices are scanned daily and forward the VIM status report to all approvers. • Ensure reconciliation of the intercompanies are completed daily. • Ensure that all invoices are coded as per the Group’s charter of accounts. • Prepare payment batch as per the request from Treasury. • Provide assistance with capturing of invoices (MIRO) as and when required. • Ensure that accounts are settled on time as per the payment terms • Ensure that the payment batch are handed in three days prior to payment date and send to the bank one day prior to the payment date. • Ensure that monthly invoices are processed within the first week of the month (MIRO) • Ensure reconciliation of the statement/ invoice to the vendor ledger are done • Ensure that all invoices are captured in Accpac reflects in SAP. • Ensure that GRV totals correspond with the invoice, and differences are investigated. • Reconcile vendors on a monthly basis between systems to ensure that stock balances. • Prepare the aging in the PWC format. • Assist with the preparation of the year-end audit file and all related functions pertaining to year- end. • Assist with reconciliation of the statement/ invoice to the vendor ledger when required. • Perform regular performance appraisals and assist in any training requirements that staff may have.
Responsibilities + Skills
At least 2 years experience in a Pharmaceutical/Medical environment Ability to work under pressure, accurately and independently.
BCom or Diploma in Accounting or any Finance related field At least 3 to 4 years experience in team leader role and/or 5 years relevant finance