Senior AP Account - Oracle Use

A leading multinational Packaging company that offers global packaging solutions for pharmaceutical & non-pharmceutical companies is looking to hire a Senior AP Accountant.

1. Job Purpose:

The job holder is responsible to review payable and accrual transactions, maintains appropriate accrual levels for the company, prepares and posts journal entries, prepares account reconciliations, accounts payable oversight, processes of vendor transactions.

2. Job Responsibilities:

· Review, track and maintain vendor billing information in the financial systems, ensure accuracy and compliance with the local accounting regulations and proceeds to book the invoices on the accounting systems after confirming a three-way match between (Invoice, PO, Goods Receipt)

· Ensure transactions are being recorded accurately and vendors are all paid on time and clear the interim account for all paid amounts daily.

· Process weekly pay cycle runs by extracting all due invoices and preparing them for payment and prepare the monthly bank reconciliation and signs its cover sheet.

· Manage and analyze all vendor expense accounts and maintain relationships with them by calling for meetings or attending the meetings to discuss any queries.

· Close & reconcile A/P related GL accounts on timely basis.

· Manage advance payment accounts and analyze aging and old amounts not settled and ensure compliance to the company policy.

· Communicating with other departments for accurate cost center and CSD bookings

· Aging reports of payables and month end closing reports.

· Ensure month closing is achieved related to payable and expense responsibilities (cut off time for booking invoices, building and reversal of accruals) and closing reports related to vendor and expense analysis.

· Apply the needed tax deductions as per the local tax law (VAT, WH), attends and provides all support for any internal and external audits (Legal auditor and Tax audits)

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Position Title

Senior AP Accountant

Department / Section:

Finance

Supervised by:

AP Team Leader

Employee:

Division:

Accounting Services HUB AMET

Based in:

10th of Ramadan, Egypt

1. Job Purpose:

The job holder is responsible to review payable and accrual transactions, maintains appropriate accrual levels for the company, prepares and posts journal entries, prepares account reconciliations, accounts payable oversight, processes of vendor transactions.

2. Job Responsibilities:

Main Tasks

· Review, track and maintain vendor billing information in the financial systems, ensure accuracy and compliance with the local accounting regulations and proceeds to book the invoices on the accounting systems after confirming a three-way match between (Invoice, PO, Goods Receipt)

· Ensure transactions are being recorded accurately and vendors are all paid on time and clear the interim account for all paid amounts daily.

· Process weekly pay cycle runs by extracting all due invoices and preparing them for payment and prepare the monthly bank reconciliation and signs its cover sheet.

· Manage and analyze all vendor expense accounts and maintain relationships with them by calling for meetings or attending the meetings to discuss any queries.

· Close & reconcile A/P related GL accounts on timely basis.

· Manage advance payment accounts and analyze aging and old amounts not settled and ensure compliance to the company policy.

· Communicating with other departments for accurate cost center and CSD bookings

· Aging reports of payables and month end closing reports.

· Ensure month closing is achieved related to payable and expense responsibilities (cut off time for booking invoices, building and reversal of accruals) and closing reports related to vendor and expense analysis.

· Apply the needed tax deductions as per the local tax law (VAT, WH), attends and provides all support for any internal and external audits (Legal auditor and Tax audits)

Main Responsibilities

· Processing and posting of daily business transactions such as invoices, credit notes.

· Preparation of payment runs and processing of unsettled items.

· Analysis and improvement of existing processes in the Accounts Payables department

· Analysis of the processes in the direction of our service providers.

· Maintenance of the accounting system and reconciliation of accounts.

· Preparation of standard and ad-hoc reports.

· Collaboration in the preparation of the monthly financial statements.

· Participation and support in projects (e.g. testing, process optimization, etc.)

· Any additional tasks as per instructions from supervisor or manager.