Payable Accountant
Coca-Cola Beverages Africa
is the largest African Coca-Cola bottler, accounting for 40% of all Coca-Cola
volumes on the continent. CCBA is a market leader in the NARTD
non-alcoholic ready to drink market in Africa. CCBA has an extensive footprint
in Africa, employing approximately 14,000 employees in Africa, with over 2000
employees in Kenya.
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
Experience
- 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.
Qualifications
- Minimum
requirement: Bachelor Degree in Accounting or Accounting and Finance.
- Finance
Accreditation with a Finance body ICPAK or ACCA
How to Apply
CLICK HERE TO APPLY
Closing Date 2022/09/22