Accountant – Payables & Receivables

Job Title: Accountant – Payables & Receivables
Reports to: Head of Finance

Job Summary:

We are seeking a meticulous and proactive Accountant specialized in managing payables and receivables to join our finance team. This role will focus on ensuring timely processing of vendor invoices and client payments, maintaining accurate records, and supporting smooth cash flow management for our media house.

Key Responsibilities:

• Manage the entire accounts payable cycle, including receipt, verification, and processing of vendor invoices and expense claims.
• Ensure timely and accurate payments to vendors while optimizing payment schedules to maintain healthy cash flow.
• Manage accounts receivable by preparing and sending client invoices, tracking payments, and following up on overdue accounts.
• Reconcile vendor statements and client accounts regularly to resolve discrepancies.
• Maintain accurate and up-to-date records of all payables and receivables transactions.
• Collaborate with project teams and production units to verify costs and client billing details.
• Support monthly and quarterly financial closing activities related to payables and receivables.
• Prepare reports on outstanding payables and receivables for management review.
• Assist in internal and external audits by providing necessary documentation and explanations.
• Ensure compliance with internal controls, company policies, and tax regulations.
• Coordinate with the finance team to forecast cash flow requirements and payment schedules.

Qualifications and Skills:

• Bachelor’s degree in Accounting, Finance, or related field.
• 4+ years of experience in accounts payable and receivable functions, preferably in media, advertising, or entertainment industries.
• Strong knowledge of accounting principles and cash flow management.
• Experience with accounting software (SAP) and MS Excel.
• Detail-oriented with excellent organizational and communication skills.
• Ability to handle multiple tasks and deadlines efficiently.
• Comfortable working with cross-functional teams in a fast-paced environment.

Preferred:

• Familiarity with media industry billing and vendor management.
• Experience with digital payment platforms and electronic invoicing
• Bank Reconciliation experience