Accounts Payable Specialist
- Employer
- Kuda Technologies Ltd
- Location
- Cape Town Region Cape Town Western Cape Western Cape, South Africa
- Salary
- Competitive
- Closing date
- Oct 21, 2024
View more categoriesView less categories
- Job Role
- Accounts Payable
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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Kuda is a fintech company on a mission to make financial services accessible, affordable and rewarding for every African on the planet. We're a tribe of passionate and diverse people who dreamed of building an inclusive money app that Africans would love so it's only right that we ended up with the name ‘Kuda' which means ‘love' in Shona, a language spoken in the southern part of Africa. We're giving Africans around the world a better alternative to traditional finance by delivering free money transfers, smart budgeting and instant access to credit through digital devices.
We've raised over $90 million from some of the world's most respected institutional investors, and we're rolling out our game-changing services globally from our offices in Africa and the UK.
About The Role/Role Overview
We are looking for an Accounts Payable Specialist to join our friendly and geo-dispersed team which is currently located across several offices around Africa and UK. This role will be supporting and reporting directly to the Senior Financial Accountant.
This is an exciting opportunity to be actively involved in establishing accounts payable approach in a fast-growing international business. The role will initially focus on support of account payable management, invoice verification, supplier verification as well as providing support in supplier balance reconciliations.
In addition, you will also be responsible for improvement of Kuda's accounts payable processes by suggesting ways to improve the day-to-day accounts payable processes.
As the business expands into multiple operational markets you will be required to support transactions across different regions including but not limited to the UK and Africa.
To execute this function, the role holder will have the following responsibilities:
Responsibilities
Requirements
Benefits
Benefits - Why join Kuda?
At Kuda, our people are the heart of our business, so we prioritize their welfare. We offer a wide range of competitive benefits in areas including but not limited to:
We've raised over $90 million from some of the world's most respected institutional investors, and we're rolling out our game-changing services globally from our offices in Africa and the UK.
About The Role/Role Overview
We are looking for an Accounts Payable Specialist to join our friendly and geo-dispersed team which is currently located across several offices around Africa and UK. This role will be supporting and reporting directly to the Senior Financial Accountant.
This is an exciting opportunity to be actively involved in establishing accounts payable approach in a fast-growing international business. The role will initially focus on support of account payable management, invoice verification, supplier verification as well as providing support in supplier balance reconciliations.
In addition, you will also be responsible for improvement of Kuda's accounts payable processes by suggesting ways to improve the day-to-day accounts payable processes.
As the business expands into multiple operational markets you will be required to support transactions across different regions including but not limited to the UK and Africa.
To execute this function, the role holder will have the following responsibilities:
Responsibilities
- Verifying invoices and ensuring appropriate documentation i.e. workings or agreement
- Work with cross functional teams to resolve vendor and invoice processing matters
- Timely reconciliation of vendor payables
- Preparation of bank mandate and the first point of contact with the bankers
- Responsible for setting up payments on banking platforms.
- Responsible for weekly treasury reporting to the management and ensuring there is always sufficient cash balance for day to day working capital requirements
- Actively monitoring the AP inbox and Approval Max (automated system) and addressing all AP related queries
- Ensuring correct and consistent coding of expense and department in Approval Max.
- Provide assistants to the team in timely closure of month end
- Support in preparation of internal and other financial reports
- Other Ad hoc duties as may reasonably be requested by Senior Financial Accountant and CFO
Requirements
- Bachelor's degree in accounting or related field
- Having 1-2 years of experience in accounts payable field
- Invoice and/or payments processing knowledge
- Knowledge of accounts payable procedures and regulations
- Familiar with IFRS and withholding tax systems is beneficial
- Experience with working on Xero, Approval Max software and Microsoft Dynamics is preferred but not essential
- Ability to work independently and strong time management skills
- Strong communication skills and attention to detail
- Intermediate to advanced excel proficiency
- Strong data entry skills
- Team Player and self-starter
- Strong interpersonal and business partnering skills
- Able to Organise, Prioritise and take ownership of the task assigned
Benefits
Benefits - Why join Kuda?
At Kuda, our people are the heart of our business, so we prioritize their welfare. We offer a wide range of competitive benefits in areas including but not limited to:
- A great and upbeat work environment populated by a multinational team
- Career Development & Growth
- Access to world-class L&D
- We are advocates of work-life balance and offer a remote working option for certain roles
- Competitive annual leave
- Competitive Pension
- Perkbox
- Life Assurance
- and more…
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