AP Manager

2 weeks ago

Cairo, Cairo, Egypt Transmar Full time

Job Purpose:

  • Manage the Accounts Payable function.

Duties and Responsibilities:

  • Invoice Management: Ensuring accurate and timely processing of vendor and supplier invoices.
  • Payment Processing: Scheduling payments to vendors based on agreed payment terms to maintain strong relationships while optimizing cash flow along with ensuring full compliance with internal processes.
  • Expense Tracking and Reconciliation: Monitoring and reconciling accounts payable transactions to ensure records are accurate and up to date.
  • Vendor Management: Maintaining strong relationships with all vendors to ensure smooth operations while managing their inquiries and resolving disputes regarding payments, fees and invoices.
  • Compliance and Audit Support: Ensuring payment practices comply with company policies, tax regulations, and local/international shipping laws.
  • Team Leadership and Development: Leading the accounts payable team, ensuring they meet deadlines and maintain accuracy in their work and mentoring team members to enhance skills and knowledge.
  • Collaboration with Other Departments: Working closely with procurement, operations, and finance teams to ensure alignment on budgets, vendor contracts, and payment schedules.
  • Handling Emergency Payments: Managing urgent or unexpected payments, such as emergency repairs, equipment replacement, or port fines, to avoid disruptions in operations.

Qualifications:

  • Bachelor's degree in finance and accounting or similar fields of study.
  • Minimum experience of 10 years in AP out of which 5+ years on leadership level.
  • Shipping experience is a plus.
  • Excellent command of English written & spoken.
  • Excellent communication skills.
  • Premium leadership & managerial qualities.

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