Head Account Payable at Duma works




Duma - With already over 3,000 employees in more than 20 African countries and is led by top talented leaders offering a great mix of local and international talents is currently looking for talented people with a passion for emerging markets in Africa to join our team and embark on our exciting journey.Job Responsibilities

Day to day management of the Purchase Ledger Team - Goods not for Resale
Manage and Supervise the Purchase Ledger Team ensuring that all tasks are accurate and completed within given deadlines
Ensure key contractor account reconciliations are carried out on a regular basis
Ensure that all supplier queries are concluded and dealt with in a timely manner
Control and manage the supplier credit balances
Ensure that current process maps are drawn up and any recommendations for changes / improvements are made
Ensure all bank reconciliation items are cleared in a timely manner
Ensuring full recovery is made for any debit balances
Work closely with the Head of Financial Control regarding the ongoing development /maintenance of current systems
Introduce Service Level Agreement processing timescales / KPI monitoring in the Accounts Payable team to understand volumes and processing patterns and accuracy of input
Regularly review procedures and resource requirements
Planning cash flow on purchase ledger payments with Sales & Banking Department in line with the agreed timetable of payments
Ensuring payment terms are adhered to and EBITDA impact maximised by taking advantage of prompt payment discounts etc.
Ensuring that the closure of Accounts Payable month end reporting is completed, valid and correct ready for month end close and closedowns are completed with commentary as appropriate
Assisting with month end, posting of journals and reconciliation of balance sheets
Control account and key balance sheet reconciliations
Monitoring all overheads and looking at ways to streamline and save money
Ensure that the Company's authorisation control manual is regularly updated and issued as appropriate

Qualifications

Relevant degree in financial Accounting and/or local accounting (CPA/ACCA) qualification.
Proficiency in MS Office and basic accounting systems like QuickBooks or sage.
Experience with or curiosity for IT systems and ERP systems.
Cost accounting, Financial Accounting and Management Accounting Skills.
Excellent accounting skills.
Strong analytical and problem-solving skills.
Strong organization and prioritization skills.
Experience over 4 years either in FMCG, tier 1 retail groups, top banking & consulting companies.
Working in a multi-national Company will be an added advantage.