Accounts Officer – Payables 2023 Jobs Islamabad, Pakistan

• Maintaining the billing system.
• Generating invoices and account statements.
• Responsible for accuracy and timeliness of daily ACH, Wires, and CC transactions applications and entering them into the general ledger or accounting software.
• Investigating and resolving any irregularities or inquiries, including any returned items, subsequent adjustments, and collection.
• Research customer payment irregularities and reconcile customer account activity as needed.
• Review all control procedures, and recommend appropriate credit limits.
• Assisting in general financial management and analysis.
• Increase the number of successful collections, maintain Aging at an acceptable level, and lower Bad Debt Exposure.
• Maintain Successful interactions between the AR Department and the Sales Department.
• Determine accounts that should be placed on credit hold for non-payment issues.
• Monitor all activities and develop processes to improve cash flow and downsize receivables.
• Manage and oversee document retention.
• Develop a team of professionals for account payables teams and design performance indicators.
• Manage all special projects and assist in account reconciliation.
• Prepare records of audits, and schedule time for all account payables document process.
• Foster a collaborative environment that values and solicits team members to assist in identifying areas for process improvement.
• Perform any other task or assignment related to the role, as deemed necessary by the organization.

Requirements:

• A bachelor’s degree in business administration, accounting, finance, or related field CMA, ACCA, or CFAP will be preferred.
• Proven work experience of at least 3 years in the FMCG/Retail/ Distribution industry.
• Must have substantial ERP AR Module experience.
• Familiarity with financial accounting statements.
• Experience with general ledger functions and the month-end/year-end close-out process.
• Advanced MS Excel skills.
• Good presentation and practical communication skills.
• Accuracy and attention to detail.
• Aptitude for numbers and quantitative.