Monitoring the vendor due dates for payment and sort and process vendor payments according to the payment terms and conditions. in coordination with Treasurer and Payable accountant
Ensuring that the payments are recorded in the SAP system Processing/posting of cheques for the payment to Vendors. Arranging SOA’s, clearing and reconciling Vendors’ accounts. Meeting/replying and handling Vendors and related queries/calls/visits. Generating ageing reports of vendors.
Reconcile the bank statements and account for bank charges
Cash Imprest – Process and accounting
Processing/posting advance requests from employees and assisting in Reconciliation of Loans/advance and cash imprest to employees.
Assist Treasurer for LC documentation and import bills and account for bank transactions on TRs and BD
Ensure the banks have executed critical payments, especially foreign exchange remittances, on the same day.
Liaise with the banks’ relationship managers and follow up for executing payments, for recovering any additional charges or rectifying mistakes showing in banks statements.
Obtain and maintain the treasury files, bank records, financial reports and make sure that all payments records and documents are completed on time.
Support the daily verification of payables transactions:
Obtain advices and swift messages from banks for the company’s records.
Provide payables information to the relevant departments as required.
Provide payment confirmation and information to vendors, to ensure the dispatching of import documents or materials.
Confirm payments for release of goods from the shipping companies or for processing the import clearances.
Interact and reply to all inquiries from vendors and internal customers for any payable or payment matters
Handle the petty cash of the finance department.
Support Audits by providing treasury records’ and audit/s information
Maintain and update daily banks fund flow database/reports.
