Beko Global is hiring Specialist Accounts Payable
Responsibilities:
- Process supplier invoices in a timely and accurate manner through SAP, ensuring proper matching with purchase orders, goods receipts, and contractual terms.
- Verify and validate vendor documentation, including contracts, tax IDs, and payment terms before onboarding suppliers.
- Monitor the AP mailbox and ensure all incoming invoices and credit notes are recorded promptly.
- Prepare weekly AP aging reports and analyze outstanding payables by vendor, due date, and currency.
- Perform three-way matching (PO GRN Invoice) and resolve discrepancies with procurement and warehouse teams.
- Process payments (checks, transfers, online banking) based on approved payment schedules and company policy.
- Reconcile vendor statements to ensure all invoices, advances, and credit notes are accurately posted.
- Record journal entries related to accruals, prepayments, debit/credit notes, and supplier adjustments.
- Manage monthly accruals for unreceived invoices and ensure proper reconciliation with the trial balance.
- Support AP activities during monthly, quarterly, and year-end closing.
- Reconcile the AP sub-ledger with the general ledger and prepare supporting schedules for audits.
- Act as a primary contact for internal and external audits related to AP transactions and supplier management.
- Prepare monthly tax reports, including withholding tax (Form 41), VAT reconciliations, and supplier tax settlements.
- Coordinate with procurement, logistics, and warehouse teams to resolve invoice discrepancies or delivery issues.
- Monitor cash outflows, prepare cash flow forecasts related to AP, and coordinate with banks for payment execution.
- Participate in physical inventory counts and validate supplier-related cost entries in the system.
- Validate COGS and expense postings, perform variance analysis, and ensure accurate cost allocation.
- Manage and reconcile intercompany payables, ensuring proper documentation and timely settlement.
- Support annual budget and forecast preparation related to expenses, COGS, and vendor payments.
- Provide financial support to other departments, ensuring clarity on expense policies and budget controls.
- Maintain strong internal controls over the AP cycle to ensure accuracy, completeness, and fraud prevention.
- SAP experience is highly preferred, especially in invoice processing, payment runs, GR/IR clearing, AP reporting, and month-end closing.
Requirements:
- 3- 5 Years of Experience in Finance
- Experience in Manufacturing Industry is preferred.
- BSc degree in, Accounting.
- Excellent in Microsoft Office
- Good in working with FI ERP Systems.
- Excellent English skills, written and spoken.
- Excellent organizational, communication, analytics and reporting skills.
- High level of commitment with the ability to work under pressure.
