Accounts Payable Assistant

Accounts Payable Assistant will provide support to the project finance team in managing the company’s payable processes. The successful candidate will be responsible for processing invoices, maintaining accurate records, and ensuring timely payment to vendors and suppliers while adhering to company policies and financial regulations.

Key Responsibilities

1) Invoice Processing:

Review, verify, and process vendor invoices for payment.
Ensure invoices are coded correctly and aligned with purchase orders and company policies.
Resolve discrepancies by communicating with vendors and internal departments.

2) Payment Management:

Prepare and process payments, including checks, wire transfers, and online payments.
Monitor payment schedules to ensure timely payments and avoid late fees.
Maintain a log of all payments and ensure accurate reconciliation.

3) Record Keeping:

Maintain accurate and up-to-date records of all accounts payable transactions.
Organize and file invoices, payment records, and related documentation.
Assist in month-end and year-end financial closing activities.

4) Vendor Management:

Build and maintain positive relationships with vendors and suppliers.
Respond to vendor inquiries and resolve issues related to payments or invoicing.
Update and maintain vendor records in the accounting system.

5) Compliance and Reporting:

Ensure adherence to internal controls, financial policies, and regulatory requirements.
Assist in preparing reports related to accounts payable, such as aging reports.
Support audits by providing documentation and explanations as needed.

6) Process Improvement:

Identify and recommend process improvements to streamline accounts payable workflows.
Support the implementation of tools and systems to enhance efficiency and accuracy.

Skills

Communication Skills Interpersonal Skills Accounting Principles MS Office Accounting Software Command QuickBooks SAP Knowledge

Job Details

Industry:

Consultants

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Contract

Job Location:

Lahore, Pakistan

Gender:

No Preference

Minimum Education:

Bachelors

Degree Title:

Bachelor's degree in Accounting, Finance, or a related field (preferred but not required)

Career Level:

Entry Level

Experience:

1 Year - 2 Years (Minimum 1-2 years of experience in an account payable or a similar role.)

Apply Before:

Feb 03, 2025

Posting Date:

Jan 16, 2025

RIZ Consulting

Consultants · 51-100 employees - Lahore

RIZ Consulting is a boutique management consulting and training firm established in 1993, headquartered in Islamabad, Pakistan. We work with both local and multinational clients on interventions ranging from strategic steering, operations management, facility management, institutional development, communications, capacity building, project/ financial management, facilitating off-sites/ retreats and research services. As an organization, we use modern management theories and tools, combined with practical experiences in our interventions, offering an integrated approach to organizational development that is aligned with wider organizational strategies and change management processes. We also strive to institutionalize 'gender-responsiveness' as a cross cutting theme across all our projects.