Accountant Payment

The Accounts Payable (AP) Accountant / Payment Officer is responsible for managing day-to-day accounts payable workflows, processing supplier disbursements, verifying financial document validity, and recording transactions within the SAP ERP system. Working within the manufacturing division, this role enforces compliance with Ethiopian Revenues and Customs Authority (ERCA/MOR) tax regulations, oversees bank transfer approvals, conducts daily bank reconciliations, and supports month-end closing procedures.

1. SAP Payment Processing & Journal Posting

• Verify invoice completeness, proper authorization, originality, and validity of all underlying supporting documents before posting payment journals in SAP.

• Ensure correct vendor codes, General Ledger (GL) accounts, and cost centers are selected prior to ERP transaction posting.

• Compute applicable government taxes (e.g., Withholding Tax/WHT and VAT) on all disbursements prior to payment voucher generation.

• Maintain up-to-date posting records and issue system-printed SAP payment vouchers to improve processing efficiency.

2. Banking Operations, Disbursements & Reconciliations

• Prepare daily payment schedules, bank transfer requests, and Cashier’s Payment Orders (CPO).

• Upload payment batches to internet banking portals and alert authorized signers to guarantee same-day vendor transfer execution.

• Perform daily reconciliations comparing bank statements, check registers, and CPOs against SAP system records.

• Monitor retention account balances, follow up on daily bank balances, and validate all bank advice notes in SAP.

• Notify the Senior Accounts Payable Accountant daily regarding all advance disbursements paid to suppliers.

3. Tax Administration & Compliance

• Manage, audit, and securely store printed pads (WHT certificates, Payment Vouchers, Debit/Credit Notes); raise Purchase Requisitions (PR) for stock replenishment as needed.

• Gather, reconcile, and hand over VAT claim invoices to the Tax Accountant within strict regulatory deadlines.

• Adhere strictly to Ethiopian tax authority policies (ERCA/MOR) and internal financial reporting policies.

4. Administrative & Reporting Support

• Investigate and resolve payment discrepancies, delayed transactions, or missed vendor settlements.

• Compile daily work progress reports and assist the finance team with month-end financial closing.

• Execute additional tasks assigned by immediate supervisors and finance department leadership.

• Education: BA Degree in Accounting, Accounting & Finance, or a closely related discipline.

• Work Experience: Minimum of 2 years of direct experience as an Accountant or Accounts Payable Officer in a manufacturing industry setting.

• ERP Experience: Practical hands-on experience using SAP ERP software for financial postings and vendor settlements.

• Tax Compliance: Solid understanding of ERCA/MOR tax rules (Withholding Tax, VAT claims, and regulatory tax filings).

• Technical Skills: SAP ERP proficiency, internet banking platform navigation, numerical accuracy, and bank/GL reconciliation capabilities.

• Soft Skills: Efficient time management, strong articulate communication skills, structured record-keeping, and strict adherence to transaction deadlines.