Global leader in insurance broking and risk management sector is keen to speak to a highly competent Accounts Payable Manager to take on the important role of reviewing and maintaining controls associated with activities carried out both onshore and offshore for Country/ Entity Balance Sheets and P&L for their Africa Region.

This will be achieved by managing processes around the assigned accounting functions and working closely with the controllership team to ensure timely and accurate financial results in line with Company policies and procedures, international GAAP and local regulatory/statutory requirements.

You will be responsible for:

• Actively managing teams and Bank processes both onshore and offshore.
• Maintaining regular contact with clients to provide a value-added service through process improvement and query resolution management.
• Ensuring all recurring expenses are accounted for each month
• Liaising with key areas of the business (IT, Facilities, Support, etc.) to understand expense budgets and ensuring expenses are in line (Expense Variance Analysis)
• Raising expense accruals on costs incurred, not yet invoiced
• Interact with finance team to ensure costs complete, accurate and valid
• Meet and exceed customer service level agreements and quality standards for the support given to the client, including:
o Management and development of team members.
o Manage AP, T&E and bank workflow and output for the Africa Region
• Ensure timely and accurate bookkeeping and month end close cycles (Financial Book close)
• Develop and report monthly or ad-hoc KPI reports relating to AP, T&E and Bank processes
• Management of query resolutions and additional information requests to ensure tight deadlines
• Ensure timely investigation and resolution of any outstanding items on the bank reconciliation
• Preparing and follow up of vendor and accruals reconciliations
• Overseeing the timely processing of AP payment batches
• Ensuring that AP & TE payment runs are effected weekly
• Reviewing duplicate payment reports on a weekly basis, and following up duplicate payments if any
• Review of AP Sub ledger to GL reconciliations performed by WNS
• Weekly meetings with the relevant Teams
• Monitoring of Aged PO reports
• Monitoring of GRNI reports
• Monitoring of PO on hold reports
• Ensuring month end close processes are completed
• Review of general ledger reconciliations (Creditors, T&E bank etc.)
• Assist with future Africa Finance transitions.
• Production of all quarterly consolidated schedules for quarterly balance sheet reporting
• Review of monthly P&L and assist the team in closing Hub countries on time and in accordance of the corporate time table as required.

Good communication and inter personal skills will be key in this role and your time management and ability to self-manage will go a long way in ensuring success. You will need to be the type of person that thrives on deadlines, has a logical approach and an excellent eye for detail.

The successful candidate will meet the following criteria:

• Have completed a Bachelors degree or Diploma in Accounting, Business, or related field, or equivalent work experience
• 3+ years of Accounts Payable work experience within a global company
• Knowledge of preparing accounts payable and general ledger reconciliations.
• Relevant exposure to Financial and management reporting gained by working in a finance environment.
• Minimum 3 years people management or assisting with management of an accounts payable team.
• Experience in shared services/internal service delivery role
• Ability to deliver tight deadlines and deliver results to short timescales.
• Advanced Excel and Word proficiency
• Understanding of Oracle Financials – GL,AP,FA,AR
• A solid understanding of the insurance Broking Industry and FSB regulations