Degree in Economics, Accounting, or related field.
At least 3 years of accounting experience, including 2 in a managerial role.
Excellent knowledge of accounting standards and tax legislation.
Ability to manage a team and organize tasks.
Proficient in accounting software and MS Office.
Ability to analyze financial data and prepare reports.
Strong communication skills and team spirit.
High level of responsibility and attention to detail.
Experience managing internal and external audits.
Ability to work under pressure and meet deadlines.
Responsibilities
Supervise staff under accounting department
Assign, review, and monitor daily tasks for the AP and AR teams to ensure timely and accurate processing of invoices, payments, collections, and receipts.
Provide ongoing guidance and support to accounting staff, conducting performance reviews and managing team development.
Oversee the resolution of any AP/AR discrepancies, and ensure proper follow-up with vendors and customers.
Supervise the processing of vendor invoices, ensuring they are accurate, properly coded, and paid on time.
Ensure that all payments are made according to the company's payment terms and that vendor relationships are maintained effectively.
Reconcile accounts payable transactions and ensure timely month-end closing.
Coordinate with procurement and other departments to resolve any issues related to vendor payments or purchase orders.
Oversee the timely and accurate invoicing of customers, ensuring that accounts are up-to-date and all outstanding balances are appropriately collected.
Monitor AR aging reports, follow up on overdue accounts, and collaborate with sales teams to resolve any payment disputes.
Ensure proper posting of cash receipts, customer payments, and adjustments in the accounting system.
Work with the collections team to improve AR turnover and cash flow management.
Assist in the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy in AP and AR balances.
Ensure that all AP and AR accounts are reconciled and any discrepancies are resolved during month-end close.
Assist in reviewing balance sheets and income statements, particularly focusing on AP/AR-related entries.
Ensure compliance with accounting standards, company policies, and legal/regulatory requirements.
Monitor and enforce internal controls to safeguard company assets and prevent fraud, particularly in AP and AR processes.
Support internal and external audits by providing documentation and explanations related to AP/AR transactions and controls.
Identify opportunities to streamline AP and AR processes, improving efficiency, accuracy, and cash flow.
Implement best practices for the handling of vendor and customer transactions to ensure smooth operations.
Partner with other departments (e.g., Sales, Procurement, Operations) to ensure seamless coordination between the accounting department and other business functions.
