Accounts Payable Executive

4 weeks ago


Malta Konnekt Full time

An Acquiring Bank is currently on the lookout for an Accounts Payables Executive to join their team

Duties include:

Ensuring that supplier invoices are in-line with the respective suppliers' contracts and/or purchase orders
Obtaining appropriate payment authorization before issuing payments to vendors
Reviewing and approving the posting of invoices ensuring accurate general-ledger data entry and classification
Preparing periodic payment batches and ensuring that all supplier payments are timely and accurately processed
Reviewing suppliers' contracts financial terms and conditions before signing to identify and communicate any financial implications
Issuing sales invoices in-line with the instructions received from the Financial Operations team and following up on the receipt of funds thereof
Reconciling and maintaining the Aged Payables and Aged Receivables reports as part of the Bank's internal controls
Updating and reconciling the Fixed and Intangible Assets Registers with the respective General Ledgers
Assisting in the preparation of monthly management accounts by preparing accruals and prepayments, bank and other reconciliations
Assisting external financial audit by providing the required supporting documentation, including invoices and contracts' register
Preparing financial reports and completing other ad hoc tasks delegated by the manager
Suggesting changes or improvements to increase the efficiency of the accounts payable internal processes
Maintaining good working relationships with other departments within the organization.

Requirements Minimum of 2 years' of local experience in a finance role A strong knowledge of accounting principles and accounts payable processesFluency in both written and spoken English Proficiency in Microsoft ExcelEducation and ExperienceActively studying ACCA or similarBenefitsHybrid working environmentSubsidised loan rates

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