Our client, a luxury collection of boutique hotels, is seeking a Finance Assistant to join their team.

The purpose of the role is to assist the Financial Controller in managing and optimizing the accounts payable function for various companies within the company group. The role aims to support the accuracy, efficiency, and compliance of financial transactions related to accounts payable, with a focus on tasks such as invoice processing, payment runs, bank reconciliation, creditor aging analysis, compliance, and vendor management. Key Responsibilities:

• Assist in the end-to-end process of supplier invoice handling, ensuring accurate coding, approval workflows, and timely entry into the financial system.
• Support the execution of payment runs in adherence to payment terms, optimizing cash flow and maintaining strong vendor relationships. Assist in controlling and monitoring all debit orders, HP, and Bond payments.
• Assist in conducting regular and meticulous bank reconciliations to ensure alignment between financial records and actual bank transactions, promptly resolving any discrepancies.
• Support the implementation and maintenance of a robust creditor aging analysis system to monitor and manage payment obligations, identifying potential issues and opportunities for improvement.
• Assist in establishing and enforcing internal controls to safeguard company assets and ensure compliance with relevant financial regulations and accounting standards.
• Collaborate with vendors to address inquiries, negotiate favorable terms, and build positive relationships to enhance the overall accounts payable process. Assist in ensuring regular supplier statement reconciliation.

Qualifications, Experience and Skills:

• Matric and post matric diploma in Finance, Accounting, or a related field.
• 3 to 5 years of relevant work experience in a similar role, demonstrating expertise in accounts payable functions.
• Proficiency in relevant accounting software and ERP systems.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills for both internal and external stakeholder management.