Accounts payable Accountant
New Cairo, Cairo
Accounts payable Accountant
New Cairo, CairoPosted 1 hour ago26Applicants for1 open position
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Job Details
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Job Description
- Invoice Processing and Data Entry:
Ensure timely and accurate recording of supplier invoices and credit notes in the AP system to facilitate smooth payment processing.
Review, verify, and input invoices and general ledger data, ensuring compliance with purchase orders, receiving documentation, and payment terms.
Clarify questionable invoice items, discrepancies in pricing, or missing authorizations prior to processing.
Assemble and validate invoices and supporting documents for approval and payment.
Process vendor payments, including issuing and printing checks and preparing cheques for distribution. - Accounting, Reconciliation, and Compliance:
Reconcile supplier accounts, PO, GR, IR (Purchase Order/Goods Receipt/Invoice Receipt) accounts, and related ledgers monthly, identifying and resolving any discrepancies.
Ensure the validity of entries and allocate costs to correct nominal accounts for accurate financial reporting.
Assist with month-end closing by investigating account movements and ensuring reconciliations are completed according to deadlines.
Reconcil and support tax-related payments (e.g., customs duties, VAT, withholding tax, salary income tax) on time. - Reporting and Audit Support:
Prepare and report the aging analysis for trade and non-trade payables on a monthly basis.
Support internal and external audits by providing necessary documentation and responding to auditor inquiries.
Ensure financial records are accurate and support payment, auditing, and tax compliance.
Coordinate with the tax department or external advisors to manage withholding tax certificates, exemptions, or reporting obligations.
Ensure compliance with local tax regulations, such as proper VAT treatment or import duties. - Stakeholder Engagement and Support:
Provide invoice verification and accounting support across departments and ensure compliance with financial policies.
Partner with internal and external stakeholders to meet departmental KPIs and resolve payment disputes or queries within defined timelines.
Communicate effectively with vendors and maintain positive relationships by ensuring timely payments and resolution of issues. - Administrative and Clerical Tasks:
Maintain organized records of all supplier invoices and payments.
Implement and uphold internal controls to prevent duplicate payments, fraud, or unauthorized transactions.
Negotiate better payment terms or discounts where appropriate to optimize working capital. - Support Functions:
Support senior finance staff with ad-hoc assignments and contribute to improving service delivery and customer satisfaction.
Escalate unresolved or critical issues to management after conducting proper analysis and taking corrective action.
Contribute to a high-performing AP function by upholding standards for accuracy, timeliness, and professionalism.
Job Requirements
- Bachelor's degree in Accounting, Finance or related field.
- A minimum of 3 years of experience in accounts payable, with a solid understanding of accounts payable processes
- Strong understanding and knowledge of basic principles of finance, accounting, and practices
- Superb time management skills and detail orientation
- Very good knowledge of advanced Excel and related accounting applications.
