South Africa
About Stitch Stitch is a payments infrastructure company on a mission to make it easier for enterprise businesses to connect to the financial system and build better experiences for their customers.
We are expanding the team to enable Stitch to broaden our product offering and extend our geographical footprint.
Note that this role is for a 6 Months Fixed Contract, with the possibility to renew or become permanent.
We are looking for an organized and detail-oriented Accounts Payable Clerk to oversee all accounts payable processes, ensuring timely, accurate, and efficient handling of invoices, payments, and reconciliations. This role requires expertise in managing financial software and collaborating closely with suppliers and internal teams to streamline payment processes.
Key responsibilitiesSupplier Setup and ManagementEstablish and maintain an up-to-date supplier schedule and database, ensuring accurate records are readily accessible.Manage the invoice submission process via a dedicated mailbox, promptly addressing any submission issues.Utilize Dext software for ingesting invoices; ensure Dext creates accurate bill records in Xero.Invoice Review and VerificationConduct thorough reviews of captured invoices for accuracy and completeness, checking details including:Date and due dateVAT amountAccount codeCost centreEnsure supplier statements are sent to the designated Supplier Statement tab in Dext.Reconcile invoices captured by Dext to supplier statements, resolving any discrepancies.Publishing and Payment PreparationPublish reviewed invoices to Xero as "awaiting payment" status, readying them for payment processing.Prepare bi-monthly payment schedules, managing payment cycles efficiently.Record Keeping and ReconciliationMaintain organized records of all invoices and payments, ensuring accessibility and accuracy.Reconcile bank account transactions with bills to ensure accuracy.Complete monthly accounts payable reconciliation and perform an aged payables analysis to monitor outstanding balances.Credit Card ReconciliationConduct credit card reconciliations, collaborating with employees to ensure all supporting documents are submitted.Follow up with employees for missing supporting documents, assisting in resolving unmatched items in Xero's bank reconciliation screen.Project InvolvementSupport ongoing projects aimed at improving the credit card process, including migrating to a streamlined expensing tool.RequirementsExperience in accounts payable, preferably within fintech or a fast-paced, tech-driven environment.Proficiency with accounting software, including Xero and Dext, is strongly preferred.Exceptional attention to detail and a proactive approach to managing and improving processes.Strong organizational and communication skills, with the ability to collaborate effectively with team members and suppliers.We recognise and value the importance of enabling remote work and maintaining a globally distributed workforce. We cater to equitable employee experiences for both in-office and remote team members. We remain conscientious about ensuring a level playing field, especially around team events, business meeting practices, and office-driven benefits. While we facilitate remote work, we also see the value in bringing the full team together in person from time to time.
We believe in the power of ownership. That's why every full-time team member becomes a part-owner of Stitch. Our employee stock ownership plan ensures that when the company thrives, you do too.
Taking time off from work is critical to ensure that you can take necessary breaks and have time for important life events outside of work. It also helps you manage your energy better. In line with this, we provide a generous annual leave policy, along with supportive family responsibility, parental, study, and long-tenure sabbatical leave options, designed to accommodate the diverse needs of our team.
We are committed to the professional growth of our team. Each year, we allocate $3,000 per full-time team member for learning and development, supporting a culture of continuous improvement and skill enhancement.
Recognising the importance of health and well-being, we contribute to health insurance for all team members and provide group health insurance schemes in certain jurisdictions.
To ensure our team has the tools they need, new members receive a brand-new Mac laptop along with the necessary peripheral equipment upon joining Stitch.
Employee Assistance ProgrammesWe care about the well-being of our team. Our Employee Assistance Programmes provide you with the necessary resources and support to not only excel in your job but also to thrive in your personal life. Whether it's counselling, advice, or support services, we're here to help every step of the way.
Other notable benefits and perksCelebrations for important life and work milestones
Daily team lunches in the Cape Town office
Bi-annual work retreats
New starter dinners
Frequent team and company events
Compliance with POPIA
Our processing of your Personal Information is subject to, and in compliance with, the provisions of POPIA.
Privacy and security of your information
We will process your information only on instructions from you, which we are deemed to have received when you submit information on our website. We will maintain the confidentiality and security of such information per the standards contained in the POPIA, which requires us to adopt reasonable safeguards to protect the integrity and confidentiality of such information from unauthorized access, loss or destruction.
*these benefits are applicable for full-time staff members but may not apply for fixed-term and part-time staff
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