Job Title: |
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Account's Payables Officer |
Category: |
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Accounts |
Total Positions: |
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1 |
Job Location: |
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Islamabad |
Gender: |
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No Preference |
Minimum Education: |
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Bachelors |
Degree Title: |
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CA, ACCA, CMA |
Career Level: |
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Experienced Professional |
Minimum Experience: |
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3 Years year(s) |
Salary Range: |
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PKR 70,000 to 70,000 per Month |
Apply By: |
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Apr 18, 2023 |
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Job Description: |
We are looking for an experienced Accounts Payables Officer with hands-on experience managing and supervising the accounts payable department.
Job Responsibilities:
- Maintaining the billing system.
- Generating invoices and account statements.
- Responsible for accuracy and timeliness of daily ACH, Wires, and CC transactions applicationsand entering them into the general ledger or accounting software.
- Investigating and resolving any irregularities or inquiries, including any returned items, subsequent adjustments, and collection.
- Research customer payment irregularities and reconcile customer account activity as needed.
- Review all control procedures, and recommend appropriate credit limits.
- Assisting in general financial management and analysis.
- Increase the number of successful collections, maintain Aging at an acceptable level, and lower Bad Debt Exposure.
- Maintain Successful interactions between the AR Department and the Sales Department.
- Determine accounts that should be placed on credit hold for non-payment issues.
- Monitor all activities and develop processes to improve cash flow and downsize receivables.
- Manage and oversee document retention.
- Develop a team of professionals for account payables teams and design performance indicators.
- Manage all special projects and assist in account reconciliation.
- Prepare records of audits, and schedule time for all account payables document process.
- Foster a collaborative environment that values and solicits team members to assist in identifying areas for process improvement.
- Perform any other task or assignment related to the role, as deemed necessary by the organization.
Requirements:
- A bachelor's degree in business administration, accounting, finance, or related field CMA, ACCA, or CFAP will be preferred.
- Proven work experience of at least 3 years in the FMCG/Retail/ Distribution industry.
- Must have substantial ERP AR Module experience.
- Familiarity with financial accounting statements.
- Experience with general ledger functions and the month-end/year-end close-out process.
- Advanced MS Excel skills.
- Good presentation and practical communication skills.
- Accuracy and attention to detail.
- Aptitude for numbers and quantitative.
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