ACCOUNTS PAYABLE TEAM LEADER
Rosebank College
Johannesburg, Gauteng
Permanent
Apply
Posted 17 October 2024 - Closing Date 30 November 2024

Job Details

Job Description


Join Our Team at IIE Rosebank College

The Independent Institute of Education, Rosebank College, is part of the ADvTECH Group, Africa's leading private education provider. From our humble beginning in 1909, Rosebank College has grown to a student population of more than 28,000 students nationwide.

As we continue to expand and innovate, we invite passionate professionals to become part of our dynamic team. If you are driven by the desire to make a meaningful difference in students' lives and wish to contribute to an institution that values academic excellence, connection, and student success, we would love to hear from you.

Join us on our journey of shaping futures!

Job Purpose:

This role involves overseeing the entire accounts payable process, from purchase order through to reconciliation and payment, and ensuring the efficient and accurate management of all related workflows. The candidate will also manage vendor relationships and contribute to key projects and initiatives.

 

Duties & Responsibilities:

Manage Accounts Payable Operations

  • Manage the purchase order process and ensure tickets do not breach SLA.
  • Ensure the daily processing of invoices.
  • Signing off creditor reconciliations, ensuring that the required supporting documents are attached and that the outstanding queries are resolved within a 30-day turnaround time.
  • Track payments are made as per payment terms.
  • Deal with escalations and queries.
  • Report on exceptions and inconsistencies.
  • Ensuring Accounts Payable Age is up to date with no items older than the agreed terms.
  • The age analysis balances back to the control account
  • Settlement of transactions occurs daily
  • Review and manage adherence to the creditors Service Level Agreement (SLA) process, audit, and regulatory requirements

Infrastructure Support

  • Approval and creation of new vendors and ensuring that new vendor requests comply with policies and procedures.
  • Develop and maintain strong vendor relationships
  • Manage the vendor master data, ensuring accuracy and integrity of information.

Financial Reporting and compliance

  • Ensure all financial transactions are recorded accurately and comply with accounting standards
  • Coordinate with internal and external auditors, providing necessary documentation and reports.
  • Compilation of BEE quarterly spend report

Team Leadership

  • Lead, mentor, and develop the accounts payable team, fostering a culture of continuous improvement and professional growth
  • Conduct regular performance evaluations and provide feedback to team members.
  • Recruit and train new team members as needed

Systems – D365 and SIMs

  • Review inefficacies in processes and drive improvements.
  • Manage system changes and be engaged in user-accepted testing and weekly meetings.

Minimum Requirements:

Qualifications

Minimum

  • Bachelors Degree (NQF Level 7) Qualification in Finance or similar

Advantageous

  • NQF Level 6 Qualification – Diploma in Information Technology

Experience

Minimum

  • 5 years’ experience as an Accounts Payable Manager
  • 5 years’ experience leading and managing teams

Rosebank College is an equal opportunities employer; however, EE and South African candidates will be preferred.