Account Payables
3 days ago
Job Summary
We are seeking a skilled and detail-oriented Accounts Payables Officer to manage the company's payment obligations, maintain strong vendor relationships, ensure compliance with tax and financial regulations, and support the overall financial efficiency of the organization.Key Responsibilities:
- Invoice Verification & Processing: Review vendor invoices for accuracy, completeness, and tax compliance. Match with purchase orders and delivery notes.
- Payment Processing: Prepare and process vendor payments, ensuring proper withholding tax deductions and timely submission to tax authorities.
- Supplier Management: Maintain positive vendor relationships, resolve payment issues, and negotiate favorable terms where applicable.
- Tax Compliance: Stay updated on Kenyan tax laws, ensuring compliance with VAT and withholding tax regulations.
- Record Keeping & Reconciliation: Maintain organized financial records and reconcile accounts payable with general ledger entries.
- Reporting: Assist in preparing accounts payable reports, cash flow projections, and supplier analyses to inform decision-making.
- Internal Controls & Compliance: Implement controls to prevent fraud and ensure adherence to accounting standards and company policies.
- Process Improvement: Identify opportunities to enhance efficiency and collaborate with IT teams to optimize accounting systems.
- Collaboration: Work closely with procurement, finance, and operations teams to resolve issues and streamline processes.
- Professional Development: Stay current with accounting standards, tax laws, and best practices in accounts payable.
- Other Duties: Demonstrate knowledge of Letters of Credit and related financial instruments.
Requirements
- Bachelor's degree in Accounting, Finance, or a related field.
- Minimum CPA Level 4.
- 3–5 years of experience in an Accounts Payable or similar finance role.
- Proficiency in accounting software/ERP systems (e.g. Zoho, SAP, Oracle, QuickBooks).
- Strong knowledge of Kenyan tax regulations and compliance.
- Excellent attention to detail, analytical, and reconciliation skills.
- Strong communication and vendor relationship management abilities.
- Ability to multitask and meet deadlines in a fast-paced environment.
- High integrity and commitment to accuracy and confidentiality.
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