Process outgoing payments in compliance with financial policies and procedures
Take responsibility for the day-to-day processing of all purchase invoices for a portfolio of companies ensuring that invoices are checked and prices are correct and that any discrepancies are investigated and dealt with appropriately
Ensure that invoices are authorised for payment by relevant department or project managers and matched to purchase orders where applicable
Reconcile the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
Ensure that invoices are recorded and entered into the ACCPACC system using the appropriate account codes and that payments are posted on the system appropriately
Follow authorisation of invoices organise payment runs, scanning invoices and preparing cheques for mailing
Verify and investigate discrepancies, if any, by reconciling vendor accounts and monthly vendor statements
Facilitate payment of invoices due by sending bill reminders and contacting clients
Generate reports detailing accounts payables status
Understands compliance issues around accounts payable processes (GST, etc.)
Requirements and skills
Good understanding of basic bookkeeping and accounting payable principles
Proven ability to calculate, post and manage accounting figures and financial records
