Accounts Payable Analyst

Job description

**Job Title** Accounts Payable Analyst/Senior Analyst **Job Summary** The Accounts Payable Executive is responsible for processing vendor invoices, ensuring timely payments, maintaining accurate records, and supporting month-end financial closing activities. The role requires strong attention to detail, knowledge of accounting principles, and the ability to work effectively with internal and external stakeholders. **Key Responsibilities** - Review, verify, and process supplier/vendor invoices. - Match invoices with purchase orders and goods receipt notes (3-way matching). - Ensure all invoices are approved according to company policies. - Process vendor payments through bank transfers, checks, or other payment methods. - Reconcile vendor statements and resolve discrepancies. - Maintain accurate accounts payable records and documentation. - Support month-end and year-end closing activities. - Monitor outstanding liabilities and payment due dates. - Respond to vendor inquiries regarding payments and invoices. - Assist with audits by providing required documentation and reports. - Ensure compliance with accounting standards, tax regulations, and company policies. - Prepare AP reports and aging analysis for management review. **Required Skills** - Knowledge of Accounts Payable processes and accounting principles. - Experience with ERP systems such as Oracle, Microsoft Dynamics, or similar. - Strong analytical and problem-solving skills. - Excellent attention to detail and accuracy. - Proficiency in Microsoft Excel. - Good communication and stakeholder management skills. - Ability to work under deadlines and manage multiple priorities. **Qualifications** - Bachelor's degree in Accounting, Finance, Commerce, or related field. - 5-8 years of experience in Accounts Payable. - Experience with invoice processing, reconciliations, and payment management preferred. **Key Performance Indicators (KPIs)** - Invoice processing accuracy. - On-time payment percentage. - Number of invoices processed. - Vendor reconciliation completion rate. - Reduction in payment discrepancies and exceptions. **Common Tools** - Oracle ERP - Microsoft Dynamics - Excel (Pivot Tables, VLOOKUP/XLOOKUP) - Power BI (optional)