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Accounts Officer - Payables

Confidential Verified

Islamabad , Pakistan

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Posted Mar 08, 2023 9 views

PKR. 60,000 - 70,000/Month

We are looking for an experienced Account Payables Officer with hands-on experience managing and supervising the accounts payables department.

Job Responsibilities:

  • Maintaining the billing system.
  • Generating invoices and account statements.
  • Responsible for accuracy and timeliness of daily ACH, Wires, and CC transactions applications and 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.

Skills

Accounts Payables ACCA

Job Details

Industry:
Manufacturing
Functional Area:
Accounts, Finance & Financial Services
Total Positions:
1 Post
Job Shift:
Second Shift (Afternoon)
Job Type:
Full Time/Permanent
Department:
Accounts / Finance
Job Location:
Islamabad, Pakistan
Gender:
No Preference
Minimum Education:
Bachelors
Degree Title:
CA, ACCA, CMA
Career Level:
Experienced Professional
Minimum Experience:
3 Years
Apply Before:
Apr 08, 2023
Posting Date:
Mar 08, 2023

Work Environment

Supervisor’s gender:
Male
Percentage of female coworkers:
30-39%

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