Accounts Payable - 6 Months Contract Role

Overview

Accounts Payable - 6 Months Contract Role

Job Purpose

• Perform and coordinates accounts payable functions within the organization while supervising a small team of accountants in accordance with established corporate accounting policies and procedures.
• Responsible for preparing financial reports, performing account reconciliations, conducting variance analyses, and implementing corrective actions where necessary.
• Maintains supplier and general ledgers, assists with audit preparation and compliance activities, and performs detailed financial analysis of departmental chart of accounts by identifying and investigating unusual variances.
• Supports continuous improvement initiatives to improve operational efficiency and accuracy. Performs additional accounting and finance-related duties as assigned.

Job Description

• Prepare complex analyses and reports for the Accounts Payable function and recommend improvements to methods, controls, and processes based on findings.
• Monitor movements within assigned Chart of Accounts (COAs), investigate discrepancies, identify probable causes, and implement corrective actions within defined timelines.
• Supervise preparation of variance analyses between standard and actual costs; analyze root causes and recommend corrective measures to management.
• Maintain up-to-date GRNI (Goods Received Not Invoiced) records, monitor aging items, and investigate abnormal or overdue entries.
• Ensure assigned COAs are fully reconciled and maintained accurately on a timely basis.
• Oversee timely preparation and review of account reconciliations.
• Maintain financial databases and ensure proper documentation and archiving records.
• Interpret financial data by analyzing trends, variances, risks, and opportunities to support informed decision-making.
• Ensure integrity and accuracy of financial information through variance investigations and implementation of corrective actions.
• Analyze, record, and report accounting transactions accurately and within deadlines.
• Prepare general ledger journal entries and reconciliations while managing accounting transactions and maintaining ledger accuracy.
• Maintain trackers and monitoring tools to ensure timely and accurate payment processing. Monitor bank reconciliations and payment postings to ensure completeness and accuracy.
• Resolve moderately complex accounts payable issues and vendor-related concerns.
• Build and maintain strong working relationships with finance teams, internal stakeholders, suppliers, and auditors.
• Execute special assignments and finance projects as directed by management.
• Respond promptly to inquiries from management, auditors, and suppliers.
• Support monthly, quarterly, and annual financial closing activities.
• Perform and maintain reconciliations for supplier accounts, intercompany balances, purchases, customs, inventory, and GRNI accounts while resolving outstanding differences regularly.
• Prepare schedules and support documentation for annual audits.
• Investigate and resolve audit findings, accounting discrepancies, and compliance-related issues. Assist in the preparation, monitoring, and analysis of budgets and forecasts.
• Contribute to continuous process improvement initiatives and development of SOPs to enhance operational efficiency and internal controls.
• Consistently deliver results and meet deadlines, even under challenging circumstances.
• Assisting in preparation of regular cashflows forecast.
• Protects organization's value by keeping information confidential.

Skills

• Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.
• Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
• Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
• Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Customer focus - Building strong customer relationships and delivering customer-centric solutions.
• Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.