Accounts Payable Manager

Summary

Join JUMO as the Accounts Payable Manager and become the primary contact for business payment processes, managing accounts payable across multiple entities. You will oversee accounts payable processing, reconciliation, and aging, while streamlining processes and enhancing controls. Based in South Africa, you will report to the Senior Accountant and contribute to group-wide governance and policy oversight. This role involves managing payment schedules, invoice approvals, supplier reconciliations, and payment submissions across various banking platforms. You will also support the accounting function, participate in the adoption of a new centralized payment process, and manage the outsourced accounts payable function. The position requires a CA(SA) designation, relevant experience, and strong proficiency in Excel.

Requirements

• Hold an Accounting degree/diploma and the CA(SA) designation
• 3+ years’ working experience in a similar function
• Accounts payable management experience and/or procurement experience, preferably managing a high volume environment and/or multiple entities in multiple territories
• Strong proficiency in Excel
• Excellent communication skills with individuals at various levels of the organization
• Attention to detail with inner drive for accuracy and meeting deadlines
• The ability to work independently, as well as, possess adaptability & flexibility

Responsibilities

• Hold accountability for the full management of accounts payable processing, reconciliation and aging across JUMO entities
• Manage the accounts payable function and assist in streamlining processes and enhancing the control environment
• Review of Payments to Supporting Recons and documents to confirm validity and accuracy of payment prepared
• Review completeness of payment batches
• Manage payment schedules in line with the aging and approvals
• Drive and manage invoice approval processes across the business
• Review supplier reconciliations
• Oversee payment submission including the loading of payments across multiple banking platforms
• Provide insight and commentary on accounts payable aging and balances
• Prepare prepayment and accrual schedules
• Maintain deposit schedules
• Record relevant IFRS 16 transactions
• Execute Foreign Exchange revaluations and address any capturing discrepancies
• Ensure proper allocation of expenses to the correct Project Codes and GL accounts
• Address any budget deviations in collaboration with budget owners
• Maintain the chart of accounts, ensuring account descriptions are accurate
• Play an instrumental role in the adoption of a new centralised payment process across the Group
• Migration of beneficiaries across various banking platforms onto a single platform
• Penny testing payment transactions
• Assistance with the integration between existing ERP system and the Treasury Management system
• Manage the deliverables of the outsourced accounts payable function
• Assist with drafting new policies and updating existing ones
• Oversee supplier onboarding and manage the procurement process
• Manage relationships with internal procurers and provide key input into expense policy and travel policy
• Liaise with banks on a variety of topics including company credit cards, SARB foreign spending limits, user accounts set up and management
• Assist accounting team with yearly audits

Preferred Qualifications

• Experience with capturing of foreign currency transactions
• Experience with VAT and withholding tax
• Pastel Evolution familiarity
• Big 4 audit experience
• Demonstrated experience in project management and/or process re-engineering

Benefits

• Being autonomous and empowered to lead / build an enhanced accounts payable function
• Collaborating with smart, engaging people in an inspiring work environment
• Working for impact
• Growing and learning continuously, with loads of encouragement and support
• Boldly taking risks as we navigate new challenges
• Flexible work practices enabling your best delivery
• Remote First