Accounts Payable Analyst

at  MCI Careers

LOCATION: Cape Town, ZA JOB TYPE: Full-Time POSITION OVERVIEW:
Job Title: Accounts Payable Analyst
Job Type: Full-Time, Permanent
Location: Onsite, Cape Town (US hours)

ABOUT US:

MCI is a leading Business Process Outsourcing (BPO) company that specializes in delivering tailored solutions to meet the diverse needs of our clients. With a commitment to excellence and a focus on innovation, we have established ourselves as a trusted partner in the industry.

POSITION OVERVIEW:

We are seeking an Accounts Payable Analyst who will be responsible for managing the accounts payable process, ensuring accurate and timely payment of invoices, and maintaining vendor relationships. You will play a critical role in the financial operations of the organization by analyzing accounts payable data, reconciling accounts, and providing insights to improve efficiency and effectiveness. The ideal candidate will have strong analytical skills, attention to detail, and proficiency in accounting principles and software.
To be considered for this role, you must complete a full application on our company careers page, including all screening questions and a brief pre-employment test.

PHYSICAL REQUIREMENTS:

This job operates in a professional office environment. While performing the duties of this job, the employee will be largely sedentary and will be required to sit/stand for long periods while using a computer and telephone headset. The employee will be regularly required to operate a computer and other office equipment, including a phone, copier, and printer. The employee may occasionally be required to move about the office to accomplish tasks; reach in any direction; raise or lower objects, move objects from place to place, hold onto objects, and move or exert force up to forty (40) pounds.

DISCLAIMER:

The purpose of the above job description is to provide potential candidates with a general overview of the role. It’s not an all-inclusive list of the duties, responsibilities, skills, and qualifications required for the job. You may be asked by your supervisors or managers to perform other duties. You will be evaluated in part based upon your performance of the tasks listed in this job description

KEY RESPONSIBILITIES:

• Receive, review, and process invoices for payment, ensuring accuracy, completeness, and adherence to company policies and procedures.
• Verify invoice details, including prices, quantities, terms, and approvals, and resolve discrepancies as needed.
• Maintain vendor accounts, including setup, maintenance, and communication regarding payment inquiries and discrepancies.
• Cultivate positive relationships with vendors and resolve issues or disputes in a timely and professional manner.
• Prepare and process payment batches, including checks, electronic transfers, and ACH payments, in accordance with payment terms and deadlines.
• Reconcile payments with invoices and ensure proper documentation and authorization for all transactions.
• Reconcile accounts payable sub-ledger to the general ledger on a regular basis, ensuring accuracy and integrity of financial data.
• Investigate and resolve discrepancies or variances in a timely manner.
• Review and process employee expense reports, ensuring compliance with company policies and reimbursement guidelines.
• Verify supporting documentation, receipts, and approvals for accuracy and completeness.
• Analyze accounts payable data and trends to identify opportunities for process improvements, cost savings, and efficiency enhancements.
• Prepare periodic reports and ad-hoc analyses for management review and decision-making purposes.
• Ensure compliance with regulatory requirements, accounting standards, and internal control policies related to accounts payable processes.
• Assist in internal and external audits by providing documentation, explanations, and support as needed.
• Utilize accounting software and systems to record and track accounts payable transactions, maintain vendor records, and generate reports.
• Collaborate with IT and finance teams to optimize system functionality and resolve technical issues.