Overview of the role:This position will be required to perform accounting and payments related to the efficient management and processing of international or foreign exchange-based accounts payable transactions.Responsibilities:Manage the foreign exchange payments cycle for the business, to ensure that the day to day running of the business is efficient and that products/stock is continuously available for the sales cycle in storeDevise an approach that will ensure the business is a step ahead when it comes to securing products globally that will meet the needs of the retail client baseWork closely with the product managers to provide them with continuous product/stock supply at the best possible price.
This means being on top of foreign exchange trends and payment cycles to ensure deliveryAssemble, review and verify foreign based invoices and payment requestsFlag and clarify any unusual or questionable invoice items or pricesSort, code and match invoicesSet invoices up for paymentEnter and upload invoices into the SAP systemTrack expenses and process expense reportsPrepare and process electronic transfers and paymentsPost transactions to journals, ledgers and other recordsReconcile accounts payable transactionsPrepare analysis of accountsMonitor accounts to ensure payments are up to dateResearch and resolve invoice discrepancies and issuesMaintain vendor filesCorrespond with vendors and respond to inquiriesProduce monthly reportsAssist with month end closingProvide supporting documentation for regular auditsMaintain accurate historical recordsMaintain confidentiality of organizational informationRequirements:B. Com Accounting graduate with exposure to foreign exchange transactions and trends5 - 12 years accounts payable or general accounting experience, depending on qualifications obtainedCommercial experience linked to managing accounting in a stock-based environmentProficient in data entry managementKnowledge of general accounting procedures and processesKnowledge of relevant accounting enterprise software such as SAP1, Sage, QuickbooksKnowledge of accounts payable processesKey Accounts Payable Skills and Competencies:Organizing and prioritizingAttention to detail and accuracyConfidentialityJudgmentCommunication skillsVendor relationship skillsInformation management skillsProblem analysis and problem-solving skillsTeamworkProfessional integrityAbility to meet deadlinesSense of urgency