Accounts Payable Analyst

Summary: The Accounts Payable (AP) Analyst is a vital role responsible for ensuring the accurate, timely, and compliant processing of supplier invoices and payments in alignment with company policies, internal controls, and regulatory standards. This position supports financial integrity by maintaining precise vendor records, executing 3-way matching, and reconciling sub-ledger and general ledger accounts. The AP Analyst plays a key role in sustaining healthy cash flow, enabling accurate financial reporting, and fostering strong vendor relationships. By actively supporting month-end and year-end close processes, identifying process improvement opportunities, and ensuring compliance with accounting standards, the AP Analyst contributes significantly to the organization’s operational efficiency and financial health. Responsibilities: Process and verify purchase order (PO) invoices with accuracy and efficiency. Perform 3-way matching of invoices, purchase orders, and receiving documents to ensure compliance and accuracy. Investigate and resolve discrepancies between invoices, POs, and goods receipts in coordination with procurement and receiving teams. Reconcile vendor statements and resolve outstanding balances or discrepancies promptly. Maintain up-to-date and accurate vendor records within the accounting system. Reconcile the accounts payable sub-ledger to the general ledger on a regular basis and resolve any variances. Support month-end and year-end closing processes related to accounts payable. Build and maintain positive vendor relationships through timely communication and issue resolution. Respond to vendor inquiries regarding payment status and resolve payment-related issues efficiently. Identify opportunities to streamline and improve the accounts payable process. Implement best practices to enhance efficiency and accuracy. Assist in the development and documentation of accounts payable policies and procedures. Generate and analyze accounts payable reports as needed. Ensure compliance with company policies, accounting standards, and regulatory requirements. Support internal and external audits by providing necessary documentation and explanations. Requirements Requirements: Bachelor’s degree in finance or accounting. Minimum of two years of experience in an accounting or finance role. Strong understanding of accounts payable processes, general ledger, accruals, and reconciliations. Proven ability to process high volumes of transactions with accuracy and identify invoice and payment discrepancies. Excellent problem-solving skills to investigate and resolve mismatches and reconciliation issues. Ability to manage multiple tasks and meet deadlines in a fast-paced environment. Part or full qualification in ACCA, CA, or CIMA is a plus. Strong communication and vendor relationship management skills.