Posted on :
22 Jan, 2014
22 Jan, 2014
Location: WOODMEAD, Gauteng, ZA
Job ID: 14501-en_US
3M is seeking an Accounts Payable Supervisor for the Finance Division located in Woodmead, Sandton
For more than 100 years, 3M has been a company that delivers both sustainable growth and consistent results. Today is no exception. We are making great progress toward inventing a new future for 3M – a future of faster growth and increased competitiveness, while continuing to deliver superior results.
The position of Accounts Payable Supervisor is located in Woodmead and will be responsible for but not limited to the following specific duties:
1. Review the proposed disbursements by verifying the supporting documents against a purchase order.
2. Verify the accounting entries and approval for payment.
3. Ensure reconcilations of accounts to supplier statements and clearing of queries are done.
4. Maximise cash flow by negotiating settlement discounts.
5. Control the process of Foreign Payments.
6. Processing of Journal vouchers
7. Prepare gain and loss on Exchange.
8. Complete month end balancing of Foreign Accounts.
9. Close month end and balance all Journals.
10. Balance month end Foreign Shipments costed.
11. Prepare month end data file for FIN reports and Intransit file for accruals.
12. All applications/Liason with Banking Institutes.
13. Process all Sub Sahara administation costs.
14. Process and control GESPP program.
15. Authorise EFT and Cheque payments.
16. Assist with monthly stats.
17. Maintain all supporting documents and supplier records.
– Supervision of additional personnel within the process.
Ensure that Genpact processes are up to standard and suppliers are paid on due dates.
Matric with Accountancy- (Minimim)
10 Years in a Financial enviroment/Banking enviroment.
Must have done Foreign payment and handled Foreign suppliers
Good negotiation skills/ people skills
Good Accounting knowledge and business processes-
Must be computer literate and strong in reconcilaitions.
Understanding the Exchange Control Regulations.
Understanding the VAT act.
Knowledge of the interaction of the Payables process with Sourcing, Distribution,Costing and Inventory Control
Apply now for this exciting opportunity with 3M. 3M is an Equal opportunity employer and as part of our our recruitment strategy we aim to promote and develop from Internal. Let us work together to develop your career within 3M.
Posting Notes: ||WOODMEAD ||Gauteng ||South Africa ||N/A ||
Job Segments: Accounts Payable, Manager, Finance, Management