Senior AP Accountant

Position Title: Senior AP Accountant

Location: Cairo

Reports To: Networking Capital Manager

About GroupM

GroupM is WPP’s media investment group and the world’s leading media investment company with a mission to shape the next era of media where advertising works better for people. The company is responsible for more than $60 billion in annual media investment, as measured by the independent research bureau COMvergence. Through its global agencies Mindshare, Wavemaker, and EssenceMediacom and cross-channel performance (GroupM Nexus), GroupM leverages a unique combination of global scale, expertise, and innovation to generate sustained value for clients wherever they do business. The agencies that comprise GroupM are all global operations with leading market positions.

The focus of GroupM is the intelligent application of physical and intellectual scale to benefit trading, innovation, and new communication services, to bring competitive advantage to our clients and our companies.

For more information on GroupM, our agencies and WPP, please visit www.groupm.com and www.wpp.com

Position Overview

We are seeking an experienced Senior Accounts Payable Accountant to join our finance team in a dynamic media company. This role is crucial in managing and overseeing the accounts payable functions, ensuring accuracy, efficiency, and compliance with company policies and procedures. The ideal candidate will possess strong analytical skills, a thorough understanding of accounting principles, and the ability to thrive in a fast-paced, media-centric environment.

Key Responsibilities:

Accounts Payable Management:

• Oversee and manage the full-cycle accounts payable process, including invoice processing, payment disbursement, and reconciliation.
• Ensure timely and accurate payment of invoices while adhering to company policies and payment terms.
• Review and approve invoices for proper authorization and coding.
  
  

Vendor Relations:

• Develop and maintain positive relationships with vendors, addressing any issues or discrepancies in a timely manner.
• Manage vendor setup and maintain accurate vendor records.
  
  

Reconciliation and Reporting:

• Perform regular reconciliations of accounts payable sub-ledger to the general ledger.
• Prepare and review monthly, quarterly, and annual financial reports related to accounts payable.
• Assist in the preparation of year-end financial statements and audits.
  
  

Process Improvement:

• Identify opportunities for process improvements within the accounts payable function and implement best practices.
• Develop and maintain documentation for accounts payable processes and procedures.
  
  

Compliance and Control:

• Ensure compliance with internal controls, company policies, and accounting regulations.
• Assist in internal and external audits by providing necessary documentation and information.
  
  

Team Leadership:

• Mentor and train junior accounts payable staff, providing guidance and support as needed.
• Supervise and review the work of accounts payable clerks to ensure accuracy and efficiency.
  
  

Special Projects:

• Participate in special projects and initiatives as needed, including system upgrades and process enhancements.
  
  

Key Skills responsibilities:

• Minimum of 3 years of experience in accounts payable, with at least 2 years in a senior or supervisory role.
• Experience in the media or entertainment industry is highly preferred.
• Strong understanding of accounting principles and practices.
• Proficiency in accounting software (e.g., SAP, Oracle, QuickBooks) and Microsoft Office Suite (especially Excel).
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment.