Officer Business Finance -Accounts Payable
K-Electric
Date: 2 days ago
City: Karachi
Contract type: Full time

Our employees are our company's greatest asset - they are our real competitive advantage. We possesse immense power of innovation, immagination and a desire to attract and retain the best; provide them with encouragement, stimulus, and make them feel that they are an integral part of the company's mission.
Purpose
The position is responsible to manage day to day operations work smoothly and within the target timelines ensuring minimum delays.
Required Education & Experience
Bachelor’s in commerce with minimum 1 or 2 years of relevant experience.
Job Responsibilities
Purpose
The position is responsible to manage day to day operations work smoothly and within the target timelines ensuring minimum delays.
Required Education & Experience
Bachelor’s in commerce with minimum 1 or 2 years of relevant experience.
Job Responsibilities
- Will be responsible for various tasks, including but not limited to:
- Timely and accurate processing of all internal external vendor advances/invoices /settlement ensuring three-way match before issuing payment to vendors.
- Ensure that costs are accurately recorded into the SAP, with correct GL/CC, currency, VAT, vendor data for all entities.
- Escalate invoice authorization according to the authority matrix for obtaining valid internal authorization.
- Conduct weekly vendor statement reconciliations and resolve any differences.
- Involvement in the weekly & monthly Payment Run process in accordance with company procedures to ensure that suppliers are paid accurately and on time.
- Resolve any invoice/payment discrepancies in a timely manner by liaising with vendors and Internal stakeholders by support of SC.
- Collaborate with the accounting team to complete month-end processes.
- Comparing purchase orders, prices, terms of payment and other charges.
- Follows policies and procedures; completes administrative tasks correctly and on time; sup-ports organization's goals and values.
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