Assistant Accountant – Payables & Receivables

Job description

Yalelo is seeking a highly motivated, energetic, and hard-working individual to work as an Assistant Accountant – Payables & Receivables.

The Assistant Accountant – Payables & Receivables will provide support to the finance department by ensuring smooth cash flow management through timely processing of receivables and payables. The Assistant Accountant will play a vital role in maintaining accurate financial records, reducing outstanding debts, and ensuring vendors and suppliers are paid on time.

The Right-Fit candidate will:

Payables:

Ensure that payables accounts are reconciled weekly
Review and verify supplier invoices
Track payments and investigate outstanding payments
Ensure supplier payments are processed within agreed terms
Ensure that all proof of payments are sent to beneficiaries
Resolve problems concerning all payables accounts
Ensure effectiveness and efficiency of Adhoc reports
Ensure proper accounting records are kept for all payments and invoices
Ensure month-end close journals/postings are correct and on time. These include prepayments, revaluations, and accruals
Ensure payment vouchers are signed and authorized by supervisor and authorized signatories
Ensure the work is executed in accordance with accounting principles, policies, and processes regulated by IAS/IFRS (Accounting standards).

Receivables:

Process all customer invoices in the accounting information system based on fully signed-off confirmed deliveries accurately and timely.
Prepare and ensure customer statements are accurate and send to customers for payment processing and agree on statements to customer remittance advice
Maintain accurate AR age analysis
Verify the status of delinquent accounts and solicit payments on overdue accounts
Prepare monthly customer reconciliations
Prepare monthly Sage reconciliations and get sign off from the Lead Accountant.
Adherence to credit management policy
Cash flow projection and achievement of weekly cash inflow targets
Ensuring customers pay in line with agreed credit terms
Plan adequate time to produce reports and information requested on invoicing.
Prepare and send to customers monthly receivable statements and reconcile revenue across all platforms & sage by ensuring all invoices for the month are posted and filed accurately
Deliberate effort to expand job knowledge

The Essentials:

Sound knowledge of Accounting Principles, Sage Evolution, Data Entry, Vendor Relationships
In-depth knowledge of Standard Operating Procedures and General Accounting Procedures
Good understanding of statutory compliance issues and the Business Environment
Minimum of 2 years of related experience
Financial Accounting Experience is an added advantage
Tertiary Accounting qualification- Level 2 ZICA or ACCA, Degree in Finance/Accounting – verified by ZAQA
Grade twelve (12) Certificate – verified by ZAQA
Must be a fully paid ZICA member

Desired Skills:

Excellent communication skills
Problem-solving skills
Analytical skills
Excellent attention to details
Interpersonal skills
Strong organizational skills
Data Entry Skills

If this is YOU, Yalelo wants to hear from you today!!!

This is a full-time position and the successful candidate must be available to work weekdays and weekends.