JOB PRIMARY PURPOSE

To properly record invoices in the appropriate general ledger according to the Bank’s policies, procedures, laws, regulations, and accounting standards. Additionally, prepare supplier reconciliations for the Bank.

KEY JOB FUNCTION

• Capture invoices for posting, ensuring details are accurate and avoiding duplicate payments.
• Check that movement-in-receipt-out (MIRO) invoices, linked to delivery notes payments from stores, are correctly posted, and resolve issues (incorrect purchase orders, different invoice to purchase order amounts) that arise.
• Implement sound internal controls within the accounts payable process.
• Prepare and remit taxes timely, ensuring that tax certificates are submitted to suppliers on time.
• Process payments to suppliers within 30 days of receiving goods and services and allocate payments to the appropriate cost centers and General Ledger accounts.
• Prepare supplier reconciliations, identifying and resolving any long outstanding invoices and non-reconciling items.
• Generate SWIFT MX Messages and ensure compliance with SWIFT standards in accordance with ISO 20022 standards for foreign payments.
• Monitor foreign payments to ensure they are cleared from the nostro accounts after their value date.
• Investigate and resolve issues related to failed or rejected payments, ensuring timely corrective actions and communication with relevant stakeholders.
• Review and process corrective journal entries monthly to address necessary adjustments in the general ledger, ensuring accuracy and compliance with financial reporting standards.
• Liaise effectively with internal and external auditors during the annual audit of the general ledger for the Central Bank of Eswatini (CBE), providing necessary documentation and resolving any queries that may arise.

QUALIFICATION AND EXPERIENCE

• Bachelor of Commerce in Accounting, Finance, or equivalent.
• Two (2) years' experience in a finance/accounts payable environment.

KNOWLEDGE & SKILLS

• Meticulous, organized, and thorough in completing tasks
• Ensures accuracy and consistency in their work
• Punctuality meets deadlines and stays on schedule
• Confidentiality and Integrity
• Basic knowledge of accounting principles and financial statements
• Effective communication techniques
• Fast learner and adaptable
  

REMUNERATION

The bank offers a competitive remuneration package, commentative with value add and qualifications.

APPLICATION PROCESS

To complete the application click on apply, complete the application form and upload your curriculum vitae, qualifications and relevant certifications.  

FEEDBACK PROCESS 

Please note that only shortlisted candidates will be contacted, however the Bank will make every effort to promptly provide you with feedback on your application.