Senior Associate - AR & AP at Sanergy

About the role

The Senior Associate - AR & AP will ensure timely payment processing to all the suppliers and support Cash Management & AR, AP account reconciliation on a monthly basis.

Duties and Responsibilities

• Review and post all payment invoices in the accounting system
• Ensure timely payments for all our service providers
• Reconciling processed work by verifying entries and comparing system reports to balances
• Ensure vendor statements for all active accounts are received and reconciled on a monthly basis
• Reconcile Accounts payables and investigate any discrepancies arising
• Filing Statutory Deductions for payroll (PAYE, NHIF, NSSF, HELB etc.)
• Support all the WHVAT/WHT Filing
• Responding to all vendor enquiries regarding finance
• Collaboration with external stakeholders to negotiate payment terms
• Preparing analyses of accounts and producing monthly reports
• Continuing to improve the payment process
• Forecasting monthly cash flow needs
• Develop detailed weekly collection plan (down to how much from each customer) for rolling 4 weeks with Sales team based on the monthly AR plan issued by the finance team
• Follow up with Sales team on weekly collection actions and revise weekly plans above
• Prepare and analyze all AR reports and models to track Key Indicators
• Reconcile all revenue related TBs and share documentation with the Audit team
• Identify operational efficiencies/policy and procedural enhancements to improve internal controls

Qualifications

• Business Degree preferably in Finance or Accounting
• A minimum of CPA 2 or it's equivalent
• Minimum 3 years’ experience in accounting with at least 2 year on Cash, AR & AP management
• Advanced excel knowledge an added advantage
• Be an excellent team player/collaborator with excellent communication skills
• Have demonstrated the ability to act decisively and resolve problems