Senior Accountant - Payables

Key Accountabilities:Payroll: Oversee payroll processing to ensure salary disbursement is done on time. Ensure timely submission of required payroll details to bank, accuracy of employee incentive disbursements, distribution of monthly pay slips, upload of payroll related transactions in Oracle HRMS, setting of costing in the HRMS, submission of monthly reports to GMs/CFO to facilitate timely salary disbursements.Reconciliation: Reconcile payable accounts for local and foreign suppliers. Reconcile Accounts Payable balance with the general ledger trial balance to ensure the accuracy of books of accounts. Reconcile all payroll related accounts on monthly /quarterly basis in order to ensure that books of accounts remain updated and accurate. Review bank reconciliations and inter group reconciliation statements and clear related transaction to ensure timely accounting of pending entries. Initiate necessary monthly recurring journals for employees provision such as bonus, incentive, ticket cost, etc.Cash Management: Periodically review and reports petty cash utilization to the manager to ensure controls are in place. Verify and review petty cash claim statements received from various business units, shared services department and accounts for expenses in order to record the claims.Reports: Oversee the preparation and submission of reports on time to facilitate management review. Prepare and provide periodic reports to the treasury department on disbursement of payments on a monthly basis to facilitate availability of funds and monitor cash-flow.Team Support: Support the line manager in coaching and training of the new team members. Step in during the absence of line manager. Provide guidance and support during critical tasks being handled.Other Assignment – Ensure Partner’s payments are getting released on time based on management directives with proper accounting and monthly reporting to the manager.Job Specific InformationSenior Accountant will closely liaise the line manager, business unit manager’s and team to support and monitor business operations in the areas of payments and cash management in order to maintain a balance between serving business unit needs and minimize risk.COMMUNICATION & WORKING RELATIONSHIPS:InternalSenior & Middle ManagementQualificationBachelor’s degree in accounting, Commerce or equivalent.Experience5 – 6 years of minimum experience in Payable/Payroll accounting within a diversified group of companies.Experience in Automotive industry is preferred.Automotive/Oil & Gas backgroundERP Oracle R12 proficient userCore CompetenciesCommunicate with ImpactDemonstrate TeamworkTake Analytical ActionDeliver ResultsDevelop OneselfShow AdaptabilityWin with Customers