Payable Accountant job at The Coca-Cola Company
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17 Days Ago
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Vacancy title:
Payable Accountant

[ Type: FULL TIME , Industry: Drink , Category: Accounting & Finance ]

Jobs at:

The Coca-Cola Company

Deadline of this Job:
22 September 2022  

Duty Station:
Within Kenya , Nyeri , East Africa

Date Posted: Saturday, September 17, 2022 , Base Salary: Not Disclosed

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Key Purpose Statement
• To oversee the Accounts Payable department and ensure supplier payments are made within agreed payment terms and in line with company interest.

Key Duties & Responsibilities
Manage Supplier Accounts

• Obtaining monthly supplier statements.
• Run creditors age analysis.
• Do creditors reconciliations.
• Creditors extended to 60 days.
• Check all Creditors reconciliations are current and up to date , no long outstanding items.
• Reconciliation sign off with suppliers.

Financial Administration
• To maintain the GR and IR account monthly
• Analyze all outstanding items on GRIR and age analysis, No items older than 60days
• Monthly compilation of general ledger accounts for the tax pack.
• No items on GR and IR accounts for longer than 60 days.
• Monthly GL reconciliation packs as per year end requirements with timeous follow up and clearance , with no items outstanding for longer than 60 days.
• All close off and reporting deadlines to be met.
• Outstanding items on AP reconciliation not to exceed 30 days.
• Current liability file current and 100% accurate
• All monthly GL accounts reconciled with lead schedules for tax pack purposes.
• Local and foreign reconciliation maintained monthly
• Monthly VAT to GL reconciliation
• Check all creditors reconciliations are current and up to date, with no long outstanding items.
• VAT and Withholding Tax review and timely filing as per KRA deadlines.
• Timely payment of Statutory deductions.
• VAA management.
• Vendor onboarding and updates.
• Net working Capital Management.

Routine Accounting Functions
• Manage Accounts Payable
• Settled Accounts as per the payment terms
• Intercompany payments and confirmation

Internal controls and compliance
• Payments processed are approved as per the COA
• Review GL and Supplier statements Reconciliations
• Monitor NAV or SAP Compliance
• Monitor Internal Audit Findings close outs
• Ensure timely statutory filing of returns and payments e.g. installment tax, VAT, Excise tax and PAYE. Land rent and rates

General Administration
• Collection and posting of payments
• Maintain suppliers filing system and document flow
• Resolve suppliers queries
• Maintenance of SOPs and work instructions
• Review of payments

SAP Month End Close
• Intercompany accounts confirmations for HFM
• Accurate creditors aged analysis

Financial Year End
• Provide supporting documents as per the auditors samples

Skills, Experience & Education

• At least 5 years working experience in Finance.
• SAP experience an advantage.
• Creditors handling background.
• Ability to solve problems and make decisions with agility.
• Ability to work independently and complete duties wit little direct supervision.
• Ability to work accurately under pressure in meeting deadlines.
• Good business acumen, team player, leadership skills and a good communicator.
• Finance acumen and skills.

• Minimum requirement: Bachelor Degree in Accounting or Accounting and Finance.
• Finance Accreditation with a Finance body ICPAK or ACCA

Work Hours: 8

Experience in Months: 60

Level of Education:
Bachelor Degree

Job application procedure
• Interested and qualified? Click here to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 22 September 2022
Duty Station: Nyeri
Posted: 17-09-2022
No of Jobs: 1
Start Publishing: 17-09-2022
Stop Publishing (Put date of 2030): 17-09-2065
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