Supervisor, Accounts Payable

JOB PURPOSE:

To support corporate accounting with various technical accounting areas, including preparing monthly and quarterly financial sheets to ensure that all transactions are accounted for according to generally accepted accounting principles.

 

 

DESCRIPTION:

Policies, Processes, and Procedures

           ▪ Recommends improvements to departmental policy and directs the implementation of procedures and controls covering all areas of accounting activity so that all relevant procedural/legislative requirements are fulfilled while delivering a quality, cost-effective service to customers

Day-to-day operations

▪ Supervises the day-to-day operations of the accounting section to ensure that work processes are implemented as designed and comply with established policies, processes, and procedures

Job Specific accountabilities.

       ▪ Oversee the daily operation of the accounts payable department, including supervising staff, managing workflows, and ensuring accuracy and timeliness of payment

      ▪ Performs month-end close requirements, to ensure keeping track of the Checklist

      ▪ Ensure that financial deadlines are met, and that customer service is provided to all internal stakeholders.

      ▪ Analyses financial information and reviews financial reports to identify significant variances, trends, and irregularities.

      ▪ Analyses the accounts aging to ensure the balances are appropriately maintained by each period’s closing.

      ▪ Prepares quarterly and year-end disclosures to hand over to management on time.

      ▪ Coordinates and works with internal, compliance team and external auditors to provide them with adequate support while performing their audits. 

      ▪ Collaborates with other sectors within the financial team to produce financial reports efficiently and within deadlines

 

 

      ▪ Coordinates the period closing activities to ensure the timely delivery of monthly, quarterly, and year-end financial statements and analytical reports.

Direction of Subordinates 

▪ Organizes and supervises the activities and work of a small team of subordinates to ensure that all work within a specific area of accounting is carried out in an efficient and procedurally compliant manner

Continuous Improvement

      ▪ Contributes to the identification of opportunities for continuous improvement of systems, processes, and practices considering ‘international best practice’, improvement of business processes, cost reduction, and productivity improvement

Reporting

       ▪ Prepares departmental reports of accounting timely and accurate to meet company and department requirements, policies, and standards

Safety, Quality & Environment

       ▪ Complies with all relevant safety, quality, and environmental management policies, procedures, and controls to ensure a healthy and safe work environment

Related Assignments

▪ Performs other related duties or assignments as directed

 

 

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Minimum Qualifications:

Bachelor’s degree in accounting and CMA / master’s preferable.

Minimum Experience:

6 - 8 years of experience working in accounting accounting-related fields.

Skills:

High level in Microsoft Excel, Microsoft Word, and PowerPoints