Wananchi is the leading business providing affordable entertainment and connectivity for the rapidly growing middle class in East Africa.
Department & Location: Finance & Admin
Reporting to: Head Accounts Payables & Treasury
Job Purpose / Summary: The AP accountant is responsible for managing the entire chain of the purchase to payments process. He/she will manage the creditors portfolio as well as ensure the company optimizes its purchases procedures to maximize value for its resources as well as promote transparency and professionalism
Key Roles for the Accounts Payable Accountant Job:
- Ensuring timely and accurate invoice posting.
- Managing an efficient purchase to payment cycle.
- Resolution of all supplier discrepancies
- Ensure supplier reconciliation are done and payment presented for approval on time
- Update and reconciled aging balances.
- Creation of new suppliers and inactivation of old suppliers
- Ensure clean and updated balance sheet.
- Constant review of supplier legitimacy.
- Constant update of Suppliers’ accounts reconciliations
- Tax management of VAT and withholding taxes.
- Monthly preparation of an aged suppliers’ report which includes substantiation and analysis of all open accounts.
- Review invoices and requisitions for satisfactory payment approval
Accounts Payable Accountant Job Qualification:
- Bcom Finance & Accounting
- CPA 2
- 2 to 3 years’ experience in payables Department
Key Performance Indicators:
- Timely payment of creditors (as per payment terms).
- Fully reconciled aged creditors report by working day 2 of the following month.
- Timely filing and payment of Company taxes.
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