New Era Education is looking for a reliable and detail-oriented Accounts Payable Accountant to join our Finance Team. In this role, you will be responsible for managing the accounts payable cycle, ensuring accurate recording of expenses, timely payments to suppliers and employees, and maintaining clear and audit-ready financial records.

Duties and Tasks:

• Record and process accounting entries related to accounts payable, ensuring accuracy and compliance with company policies and accounting standards.
• Manage supplier and employee advances by validating claims, settling balances, and maintaining accurate records of all transactions.
• Prepare and process payments to suppliers and employees, ensuring timeliness and adherence to agreed payment terms.
• Maintain a complete documentation trail for all accounts payable activities, ensuring easy access for audits and internal reviews.
• Support the month-end closing process by preparing accruals for outstanding expenses and ensuring all liabilities are captured accurately.
• Analyze expense accounts on a monthly basis, preparing justifications for variances and ensuring all costs are properly classified.
• Verify expenditure approvals, ensuring all invoices are matched to valid purchase orders and have proper authorization before payment.
• Post invoices to the correct accounts and cost centers, maintaining consistency and accuracy across financial records.
• Organize and update supplier files, keeping records complete and audit-ready at all times.
• Prepare payment cheques and coordinate with relevant stakeholders to ensure smooth and timely delivery to suppliers.
• Regularly review the aged creditors report to monitor outstanding balances, prioritize payments, and maintain healthy supplier relationships.