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Oil & Gas

Job Summary

Location : Nairobi Kenya
Total View :413
Job type : Full Time
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Oil & Gas

Job Description

Job Purpose: To process invoices and payments, post general ledger account coding, perform sub-ledger reconciliations, compile month-end accruals, and prepare applicable journal entries.

Roles & Responsibilities:

  • Timely processing and payments of approved suppliers’ invoices and verification through 3-way matching with LPOs and delivery notes per company policy.
  • Flag and clarify any unusual or questionable invoice items or prices; ensuring proper approval of invoices, that they are sorted, coded, and matched to LPOs.
  • Ensuring compliance with all tax laws in payments processing including withholding taxes, WHVAT, and capturing them in the Oracle System correctly.
  • Processing payments to suppliers on the bank platform through cheque, EFT, and RTGS including deducting and ensuring payments are within credit terms.
  • Participate in month-end closure through analysis of prepayments and recording of month-end accruals.
  • Preparation of reconciliations of supplier statements; to ensure up-to-date/current supplier status ensuring any queries and discrepancies are resolved timely.
  • Ensure proper archival of historical supplier records/invoices and provide supporting documentation for audits.
  • Preparation of assigned balance sheet reconciliations on a monthly basis, to be completed and submitted to the Payables Manager by the mid of every month.

Minimum Qualifications:

  • Bachelor’s Degree in Finance/Accounting
  • Professional accounting certification (CPA/ACCA).
  • 4+ years’ experience in a similar role in the Oil & Gas industry preferred.
Frank Management Consult Ltd
Nyaku House, 1st Floor Argwings Kodhek Rd,Hurlingham
Contact Us: info@frank-mgt.com or
call us at (254) 020 2724724 / (254 )745897222.

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