Senior AP Accountant

Job summary

The Senior Accounts Payable (AP) Accountant manages supplier invoices, payment coordination, reconciliations, and accounts payable reporting, ensuring accurate records, timely settlements, compliance with company policies and applicable tax regulations, and effective month-end closing.

Key responsibilities

Accounts payable operations

1. Review and process supplier invoices, verifying supporting documents, approvals, and accuracy.
2. Ensure appropriate posting to general ledger accounts, cost centers, and projects.
3. Monitor outstanding invoices and supplier balances, resolving discrepancies with relevant teams.
4. Maintain complete and accurate supplier records and payable documentation.

Supplier reconciliation and payments

1. Prepare supplier reconciliations and investigate unmatched items and disputed balances.
2. Coordinate with Treasury on approved payment requests and payment schedules.
3. Analyze AP aging reports and follow up on overdue items and pending invoices.
4. Coordinate with Procurement and business teams to resolve invoice and purchase order differences.

General ledger and closing

1. Prepare and review AP journal entries, expense accruals, and necessary adjustments.
2. Reconcile the AP subledger to the general ledger and investigate variances.
3. Support month-end and year-end closing, ensuring expenses and liabilities are recognized in the correct period.
4. Analyze payable balances and prepare relevant schedules and management reports.

Tax, controls, and audit

1. Check supplier transactions for compliance with applicable VAT and withholding tax requirements in coordination with the Tax team.
2. Apply internal controls, authorization matrices, and company accounting procedures.
3. Provide reconciliations and supporting documents for internal and external audits.
4. Identify opportunities to improve AP processes, accuracy, and turnaround times.

Requirements

• Bachelor’s degree in accounting, finance, or a related field.
• 3–5 years of relevant accounting experience, with substantial exposure to accounts payable.
• Sound knowledge of accounting principles, supplier reconciliations, and closing procedures.
• Familiarity with Egyptian VAT and withholding tax requirements.
• Proficiency in ERP systems (Oracle preferred) and Microsoft Excel.
• Strong analytical, organizational, communication, and problem-solving skills.