Skip to main content

Head of Accounts Payable

Employer
Ten Group
Location
Cape Town Region Cape Town Western Cape Western Cape, South Africa
Salary
Competitive
Closing date
Jun 23, 2024

View more

Job Role
Accounts Payable
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Overview

As Head of Accounts Payable, you will have a good understanding and experience in managing the accounts payable function and team management. You will be expected to maintain and oversee accurate financial records, reconcile accounts payable transactions, ensure that all invoices and payments are processed in a timely and efficient manner for entities across the EMEA & Americas regions. You will be supported by two direct reports to assist you in your day-to-day activities.

You should be keen to learn and enjoy a fast-paced, dynamic working environment and have an eye for detail. The pace of growth in the industry will mean that you will need to be a self-starter, flexible and able to manage many different work streams at once. You will have the opportunity to continuously add value to the function and finance team overall.

Key Responsibilities:

Accounts Payable Function
  • Lead and mentor the AP team, providing guidance, training, and performance management on their daily tasks and responsibilities.
  • Ensure timely and accurate processing of supplier invoices and payment processes are adhered to.
  • Overseeing all payments are posted and bank reconciliations are complete on a weekly basis.
  • Manage the weekly payment run proposals along with providing input to accountants for their cash forecasting purposes.
  • Acting as first reviewer for all payments processed via the bank and payment portals.
  • Responsible for employee expenses, ensuring compliance with company policy.
  • Ensuring the AP mailboxes and clear at all times, investigate and resolving any accounts payable issues as needed, and maintaining high levels of service delivery.
  • Build and maintain good relationships with internal and external stakeholders (suppliers, budget holders etc.)
  • Coach and develop two direct reports to ensure accounts payable controls are maintained at all times.

Month-end & Reporting
  • Ensuring month-end creditor aged trial balances are reconciled in a timely manner.
  • Providing weekly payment listings to accountants for consideration as part of their cash flow forecasting.
  • Providing input on weekly cash flow meetings to identify unforeseen costs.
  • Liaising with auditors to provide required documentation as and when requests are made.

Other Responsibilities
  • Monitoring, improving and assisting in developing processes and controls around the Group: i.e.: payment runs, impact on cash flow, automation etc.
  • Supporting the Finance team on projects and tasks as required, for continuous improvement

Requirements

Skills & Qualifications
  • Matric required, Advanced Diploma or equivalent certification in Finance/Accounting/Business Administration advantageous
  • Minimum 2-3 years' experience in an accounts payable or related function with good understanding of processes
  • Strong knowledge of Accounts payable principles and practices
  • Experience of overseeing and processing high volumes of transactions
  • Competent working in a multi-currency transactional environment across subsidiaries
  • Excellent Communication and interpersonal skills
  • Attention to detail and accuracy
  • Experience in managing, training and developing a Team
  • Proficient with Excel, Accounting/ AP software and ERP systems such as Microsoft Business Central which will enable continuous improvement
  • Good Project Management, Organisational and Time Management skills to deliver to deadlines
  • Experience with cash flow and VAT is beneficial
  • Self-motivation and Interpersonal skills
  • Due to hybrid working, please note only applicants who is willing to relocate or currently based in Cape Town will be considered.

Benefits

Rewards designed around you:
  • A competitive salary depending on experience, plus performance-based bonus. Including Weekend Shift Allowance and Late Shift Allowance.
  • Flexible work arrangements including Hybrid work possibilities; with up to 60% Home Office.
  • Paid time away from work. Our employees enjoy a competitive paid time off package, including a day each year to volunteer time for a good cause that is important to you.
  • Paid Sabbaticals. One (1) month paid Sabbatical after every 5 years of Service, without tapping into annual leave
  • Extra Rewards. Lucrative Ten Loyalty Rewards program.
  • Remote Working Holidays - possibilities to Travel and Work!
  • Employee Discounts. Access to lots of great travel and entertainment discounts as our clients' members would!
  • We also offer a company contribution towards medical aid, and transport home for those working a late shift (applies to those who don't have a car).
  • ICAS Employee Health and Wellness (EHWP) services which are confidential and free for all employees to use.
  • Be part of our global, dynamic, and inclusive Team, with diversity at its core.
  • Genuine career opportunities within a dynamic and international company.
  • Safe & secure offices in the Foreshore with complimentary off-street parking.


Who Are We

Ten is a leading lifestyle and concierge company helping our clients discover, organise, enjoy and get the most from life. We partner with global financial institutions and other premium brands to attract and retain wealth and mass affluent clients. Established in the UK in 1998 and with over 25 years of experience, Ten operates in over 20 cities worldwide, in over 26 languages, with 65% of our workforce globally distributed and is publicly listed on the London Stock Exchange ('TENG'). We were the first concierge business to be awarded the B Corp certification in the UK in 2023.

Ten's strategy focuses on four key areas: deliver a world-class member experience, invest in technology, expand contracts with new and existing clients as well as develop our foothold in new markets by leveraging our market-leading service proposition.

“Ten is on a mission to become the most trusted service platform in the world.”

To find out more about Ten, please watch this short video here.

Commitment to Diversity

We encourage diverse philosophies, cultures and experiences. We appreciate diversity and are dedicated to creating an inclusive work environment for our employees. This idea unites the teams at TEN. All aspects of our relationship, including the decision to hire, promote, discipline or terminate, will be based on merit, competence, performance and business needs.

“Ten works with a small preferred supplier list of recruitment agencies only. Please note we are not accepting any further recruitment agencies at this time. Ten Group is not responsible for any fees related to unsolicited resumes. ”

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert