Assistant Manager - Accounts Payable-INS021582

About this role

• Daily processing. Working as part of a busy team to ensure all payment requests are made as per the Service Level Agreements. All Invoice requests need to be checked and compliant in line with audit and J-SOX controls. Multi-currency claims processed via automation process floor from the underwriting system, Subscribe to the finance AP Ledger, Oracle. Producing daily payment batches to be submitted for approval. Manual claims also required to be entered with no errors onto the appropriate online banking portal. Assisting the manager with daily and month-end reporting.
• Responsibility for the monthly, quarterly, and annual reporting cycles for the payments, which including performing and overseeing:
• Projects and ad-hoc requests: Production of answers and resolutions to requests from key finance stakeholders.
• Quality assurance: Continuous review of all financial and operational outputs, ensuring that adequate controls and processes are employed, assumptions and reviews are documented, and procedures are up-to-date and relevant.
• Accounts payable Function shall report to the Finance Accountant. Accounts Payable executive to be responsible for processing all invoices received for payment and for undertaking the payment of all creditors in an accurate, efficient, and timely manner
• Process outgoing payments in compliance with financial policies and procedures
• Perform day to day financial transactions, including verifying, classifying, and recording accounts payable data
• Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
• Verify and investigate discrepancies, if any, by reconciling vendor accounts and monthly vendor statements
• Generate reports detailing accounts payables status
• Understand expense accounts and cost centers
• Training end-users on new reports and dashboards
  
  

• Degree in Finance (B. Com), or equivalent to Finance
• Experience in the financial sector, preferably in an insurance company
• Relevant experience in AP – Accounts Payable
• Demonstrated experience in handling large data sets and relational databases.
• High-level written and verbal communication skills
  
  

• Strong communication skills
• Strong analytical skills
• Structured / controlled approach
• Attention to detail.
• Strong Excel skills
• People & stakeholder management
• Initiative / proactive
• Willingness to challenge and assimilate information.