Accounts Payable Accountant (Fixed-Term Contract) at 2U

What We’re Looking For:

The Accounts Payable Accountant will perform accounting and administrative tasks, maintaining and adhering to a good control environment in the Cost of Sales and Accounts Payable function to ensure accurate record keeping and cost allocations.

Responsibilities Include, But Are Not Limited To:

Bank and credit card reconciliations 

• Ensure that all bank reconciliations are performed on a daily basis.

• Assist in reconciling credit cards at month end.

Ensure that all invoices are captured in accordance with VAT regulations

• Maintenance of Vendor Masterfile.

• Weekly calculations for 1st and 2nd payments for Tutors and University partners.

• Sending out detailed emails to Tutors and University partners regarding payments due and dealing with all queries from Head Tutors and University representatives.

• Ensuring timely payment of Vendors, Head Tutors, Tutors, Assessors, SME’s and University Partners.

• Review of Payment information.

• Raising provisions, adjustments and bills for Vendors, Head Tutors, Tutors, Assessors, SME’s and University Partners.

• Conform bills are being processed accurately and in line with SOX compliance (releasing of bill).

Monthly Tasks

• Ensure all Cost of Sales calculations have been performed and bills, adjustments and provisions have been raised for the month in question.

• Prepare an accounts payable subledger to general ledger reconciliation.

• Send out requests for statements for the month in question to all suppliers.

• Reconcile individual creditor balances to statements as received from supplier.

• Reconciling the Fixed Asset register to the GL.

• Conversion of assets to the asset register.

• Maintaining the asset register ensuring all processes are accurate and in line with SOX compliance.

• Reconcile prepayments account.

• Assist with internal and external audits as required.

Things That Should Be In Your Background:

• Relevant Tertiary Qualification (Certificate/ Diploma/ Degree). 

• 3 years relevant finance experience, including strong reconciliation experience.

• Comprehensive understanding of the treatment of Input and Output VAT under the South African and United Kingdom legislation will be an advantage.

• Experience working with an ERP Accounting system (Sage, SAP, Oracle, Acumatica) advantageous.

• Excellent time management and organizational skills.

• Attention to detail and high level of accuracy.

• Good people skills and able to work under pressure.

• Problem solving skills.

• Self Starter, ability to achieve outputs with minimal supervision.

• Ability to identify problems and brainstorm solutions without any prompts.

Other Attributes That Will Help You In This Role:

Working Conditions 

• Teamwork is critical to achieving success in this role. You will need to establish strong relationships with employees across the team and within your own division.