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- Team Management:
- Guide and support a small team of creditors' clerks.
- Provide on-the-job training and mentorship to junior staff.
- Foster a collaborative and supportive work environment.
- Payment Processing and Reconciliation:
- Oversee the entire AP process, from invoice receipt to payment execution.
- Review and process non-PO invoices, ensuring proper authorization and adherence to company policies.
- Ensure timely processing of invoices and payments to avoid late fees and maintain good supplier relationships.
- Supplier Management:
- Complete credit applications and liaise with the legal department for creditor onboarding.
- Build and maintain strong relationships with key suppliers.
- Conduct regular reviews of suppliers, including terms, rebates, and structure.
- Working Capital Management:
- Drive effective working capital management by maximising rebates and analysing purchasing behaviour.
- Prepare and process supplier rebates.
- Monitor and analyse key AP metrics, such as Creditor Age Analysis and GRNI.
- Collaboration and Compliance:
- Collaborate closely with the procurement team to ensure seamless procure-to-pay processes.
- Participate in the development and implementation of new procurement policies and procedures.
- Ensure compliance with all relevant accounting standards, tax regulations, and internal controls.
- Bachelor's degree in Accounting, Finance, or a related field (advantageous).
- Minimum 3 years of experience in a similar role.
- High level of accuracy and attention to detail.
- Strong understanding of accounting principles and practices related to Accounts Payable.
Accounts Payable Team Lead - Durban North - Omega People Management Solutions

1 week ago

Description
The Accounts Payable Team Lead plays a vital role in ensuring the accurate and timely processing of vendor invoices and payments. Working closely with the procurement team, this position guides a small team of creditor clerks, drives process improvements, and ensures compliance with internal controls and external regulations.
Key Responsibilities
Requirements
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