Accounts Payable - Tax and Treasury

We are seeking a passionate Accounts Payable individual to manage the reconciliation and payment of foreign vendors on a day-to-day basis.  Accounts payable processes to be followed to optimize the operating cash flow and agreed key performance indicators to minimize financial risks and exposure maximizing financial results.

In this position, you will report to the Senior Manager - Finance Statutory, Market Area Africa Treasury and Tax.

This position is mainly located in Centurion, Gauteng.

TEAM YOU’LL BELONG TO

You will join the Finance Team and work closely with internal and external stakeholders, such as Business Areas (BA), Africa Market Area (MA), Auditors and Management.

WHAT YOU WILL DO

• Ensure external and intercompany payments are processed in accordance with the South African Reserve Bank regulations as per agreed payments terms
• Foreign and Intercompany vendor statement reconciliation, reconcile vendor statements versus vendor ledger balances and resolving discrepancies between entities on a monthly basis
• Ensure that processing of invoices and credit notes is accurate, valid and complete to avoid duplicate payments
• Continuously follow-up on any reconciling items, disputes and/or queries with the relevant external vendors, IC entities or buyers where necessary
• Clear understanding of the South African Reserve Bank (” SARB”) regulations
• Prepare invoices to be paid with all the correct documents as per the SARB requirements
• Liaise with all global, external and internal stakeholders that is External Foreign vendors, Treasury, Global Shared Services (GBS), Logistics, Procurement, Quote and Order Management, Projects, etc
• Prepare a monthly Age Analysis via SAP, investigate and resolve any outstanding old items on the AP Age Analysis to reduce number of days for ageing items
• Collaborate with business units teams to ensure timely dispute resolution.
• Monthly Cash-flow planning
• Preparing bank payment files to be sent for payment

• Upload external and the netting payments for intercompany account payments as per relevant Global Treasury dates via FastTrack with correct currency, correct netting details and banking info

• Compile monthly remittances to be sent to vendors after payments are done for allocation purposes

• Accounts payable monthly reporting
• Provide feedback relating to dunning letters sent by Accounts Receivable monthly
• Be able to draft SARB letters and or motivations relating to Finance current SARB covers in place and annual dispensations relating to Service fees, IT fees, merchanting etc. to be signed off by the authorised signatory before sending off to the Authorised Dealer
• Keep track of monthly payment schedules to ensure spend analysis is up to date when a SARB renewal is required and requested

• Assist with internal and external audits

• Support the accounts payable function by participating in projects which streamline and automate processes
• Participate in the improvement of internal controls
• Conduct daily reviews of vendor ledgers and the vendor age analysis
• Investigate and resolve accounts with debit balances
• Timeous response on vendor account and payment queries to vendors and internal colleagues.
• Manage payments according to vendor terms to improve cash flow
• Adequate maintenance and storage of supporting documents as per SARB requirements
• Timeous extraction of any AP documentation and/or information as requested
• Serve as a Primary Back-up and/or Secondary Back-up for other members of the accounts payable accounting services team according to the Business Continuity Back-up Plan
• Other ad-hoc tasks as required.

WHO YOU ARE

• Matric (Grade 12)
• A tertiary qualification would be advantageous
• Minimum 5 years’ experience in cross-border and intercompany payments
• Knowledge of SAP and MS Office
• Clear understanding of South African Reserve Bank (SARB) Regulations

WHAT SKILLS, COMPETENCIES AND REQUIREMENTS (HARD AND SOFT) ARE ESSENTIAL FOR THIS ROLE?

• Proven experience of working with foreign accounts payable and multiple currencies
• Team player with a proactive attitude and be able to take ownership
• Ability to work under pressure, effective time management and meet deadlines
• High attention to detail and accuracy
• Highly organised and detail-oriented
• Excellent written and verbal communication skills with the ability to communicate effectively with internal and external stakeholders

WHAT'S IN IT FOR YOU

• An inspiring purpose - Enabling sustainable modern life. Minerals and metals are the backbone of essential functions in the modern world. However, there's a pressing need for more sustainable solutions to collect and process them. At Metso, you get to be part of transforming the industry and making a positive change
• Compensation and rewards - Global incentive program tied to business and performance targets
• Hybrid working possibilities - While we are big advocates of meeting and collaborating in person, we believe in fostering a flexible work environment
• A thriving culture - We are committed to developing an inclusive culture that enables everyone to do their best and reach their full potential. A culture that is courageous, compelling, and caring, and unites our people to build a sustainable future together.
• Extensive learning opportunities - Ongoing growth dialogues, internal mobility, mentoring programs, education assistance, ambitious projects, and global opportunities.
• Worldwide support - Leverage our network of peers across the world, offering valuable assistance. We get things done together, through open and honest communication.

GET IN TOUCH

Want to rise above the possible with us?

• Go to our website www.metso.com, click on caeers and start your application