Duties and responsibilities

  • Manage all activities in the accounts payable function.
  • Oversee all payment transactions such as ACH, wires, paper checks and so on.
  • Responsible for the verification of Invoices and getting approvals from authorized persons.
  • Negotiate better credit terms and take advantage of credit period and limits.
  • Ensure timely Payments of Invoices without any delays.
  • Monitor expenses and/or payments against approved budgets, reporting variances and get approval from the management for the expenditure and/or payments over the approved budget.
  • Keep track of the status of all transactions taking place within the company and external vendors and contractors.
  • Calculation and disbursement of sales and other commissions.
  • Review relevant accounting reports, ledgers and registers to ensure accurate reporting.
  • Responsible for getting periodic account statement from vendors, reconciliation of ledger with vendor account statement and identification/resolution of discrepancies
  • Assist the accountant in timely reporting of bills and expenses in the accounting software and provide all the required documentation and paperwork to record the transactions.
  • Develop Process and SOPs to ensure smooth operations of Accounts Payable functions.
  • Standardize procedures to generate efficiency in-house and create internal templates to be used by the company.
  • Ensure that systems, policies, and procedures adhere to company policies while functioning with accuracy and timeliness.
  • Ensure that the accounts payable and the company’s financial obligations are met efficiently.
  • Maintain frequent co-ordination with other departments and stakeholders to ensure that all the payments are aligned.
  • Maintain frequent co-ordination with other departments and stakeholders to plan and execute payments to optimize Cash position.
  • Maintain frequent co-ordination with Billing and Collections Department to ensure that funds are available for all the upcoming projected payments and to raise the flag timely in case additional funds are required.
  • Supervision and Periodic Audit of Petty Cash payments to ensure that all the supporting documents and approvals are available.
  • Supervision and periodic Audit of Credit Card Payments to ensure that all the supporting documents and approvals are available.
  • Supervision and periodic Audit of PayPal Payments to ensure that all the supporting documents and approvals are available.

Qualifications

Education: Master’s Degree in Finance and/or Accounting Certification.                                              

Experience: Minimum 3 Years of Experience in the Accounts Payable Department.

Skills

  • Self-motivation.
  • Integrity.
  • Ability to reflect on one's own work as well as the wider consequences of financial decisions.
  • Ability to plan and organize work with keen attention to detail.
  • Ability to manage deadlines.
  • Team working ability.
  • Communication and interpersonal skills.
  • Proficiency in IT.
  • Analytical ability.
  • A methodical approach and problem-solving skills.

High level of numeracy

Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Department:
Finance and Accounts
Job Location:
Gender:
No Preference
Minimum Education:
Bachelors
Career Level:
Experienced Professional
Minimum Experience:
3 Years
Apply Before:
Nov 02, 2021
Posting Date:
Oct 01, 2021

Gaditek

Information Technology · 601-1000 employees - Karachi

Founded in 2008, Gaditek is a new age technology company that believes in employee-centricity. Over the past decade, we have grown from a team of 3 people and 1 product to over 550 employees, 15 internationally recognized brands in 7 different industries including Managed Cloud Services, Cyber Security, VbaaS, Athleisure, Lifestyle, Media & Publications, and Financial Services. At Gaditek, our employees choose to question and are expected to question everything around them, and then find ways to do things differently. The result? Amazing people, great teams, awesome business units, and people-centric culture that always end up going to new and unknown places.

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