Accounts Payable Officer

About the role

As an , you will play a crucial role in managing the company's financial transactions and ensuring that all vendor invoices are processed accurately and promptly. This position is essential for maintaining the financial health of the organization, as it directly impacts cash flow and supplier relationships. You will work closely with various departments to facilitate smooth operations and ensure compliance with financial policies and procedures. This role is based in Erbil, Iraq, and offers a full-time engagement with competitive compensation.

Key facts

What you'll do

• Process and verify incoming invoices from vendors, ensuring that all documentation is complete and accurate before approval.
• Maintain organized records of all accounts payable transactions, ensuring easy retrieval and reference for audits.
• Collaborate with the procurement team to resolve discrepancies between purchase orders and invoices, ensuring timely payments to suppliers.
• Prepare and execute weekly payment runs, ensuring that all payments are made on time to maintain good vendor relationships.
• Monitor and reconcile vendor statements to ensure that all transactions are accounted for and discrepancies are addressed promptly.
• Assist in the preparation of monthly financial reports, providing insights into accounts payable metrics and cash flow management.
• Liaise with internal departments to gather necessary information for invoice approvals and resolve any payment-related issues.
• Ensure compliance with company policies and relevant financial regulations, maintaining the integrity of financial records.
• Support the annual audit process by providing necessary documentation and responding to auditor inquiries regarding accounts payable.
• Identify opportunities for process improvements within the accounts payable function to enhance efficiency and accuracy.
• Train and mentor junior staff members in accounts payable processes and best practices.
• Stay updated on industry trends and changes in financial regulations that may impact accounts payable operations.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• A minimum of 2 years of experience in accounts payable or a similar financial role.
• Strong understanding of accounting principles and practices, particularly in accounts payable.
• Proficiency in accounting software and Microsoft Excel; experience with ERP systems is a plus.
• Excellent attention to detail and accuracy in data entry and financial reporting.
• Strong organizational skills with the ability to manage multiple priorities and meet deadlines.
• Effective communication skills, both written and verbal, to interact with vendors and internal stakeholders.
• Ability to work independently as well as part of a team in a fast-paced environment.
• Knowledge of local tax regulations and compliance requirements is an advantage.

Nice to have

• Experience in the food delivery or logistics industry, which aligns with Toters' business model.
• Familiarity with international accounting standards and practices.
• Certification in accounting or finance (e.g., CPA, ACCA) would be beneficial.
• Previous experience in a startup or rapidly growing company, demonstrating adaptability and innovation.
• Fluency in Arabic and English to communicate effectively with diverse stakeholders.

Skills & tools

• Proficient in accounting software (e.g., QuickBooks, SAP, Oracle) and Microsoft Office Suite, especially Excel.
• Strong analytical skills to assess financial data and identify discrepancies.
• Excellent problem-solving abilities to address issues related to accounts payable.
• Time management skills to prioritize tasks effectively and meet deadlines.
• Interpersonal skills to build relationships with vendors and internal teams.

Practical notes

• This position is based in Erbil, Iraq, and requires full-time availability.
• The salary for this role is competitive and commensurate with experience.
• Candidates must be eligible to work in Iraq; visa sponsorship may be available for qualified applicants.
• Interested candidates can apply through the Toters career page at https://toters.bamboohr.com/careers/368.

Join Toters as an Accounts Payable Officer and contribute to our mission of delivering exceptional service while ensuring financial accuracy and efficiency. We look forward to your application!