Accounts Payable Specialist

Location: Cairo, Egypt
Company: Nestlé Egypt
Full-time

POSITION SUMMARY

The role involves ensuring that all Accounts Payable (AP) activities are executed promptly and in accordance with agreed KPIs. It focuses on driving excellence in AP operations by implementing best practices and maintaining robust internal controls. The position includes monitoring operational efficiency and coordinating lean and continuous improvement initiatives, as well as ensuring that the supplier ledger accurately reflects up-to-date balances, with timely processing of invoices, recognition of credits and debits, and resolution of discrepancies. Additionally, it requires managing supplier relationships and ensuring compliance with market-defined payment procedures.

A DAY IN THE LIFE …

• Drive and monitor the review and approval of supplier invoices to ensure timely and accurate processing.
• Review parameters affecting payment terms, supplier risk, and payment schedules.
• Be accountable for the release or rejection of payments due to compliance or documentation issues.
• Ensure that the supplier portfolio risk aligns with the company’s risk appetite.
• Define and monitor the consistent application of payment terms across the business.
• Calculate and track Days Payable Outstanding (DPO).
• Ensure timely cash disbursement and reconciliation with high-quality standards.
• Report and track Accounts Payable (AP) aging.
• Communicate with suppliers regarding outstanding invoices and payment status.
• Conduct supplier account reconciliations.
• Coach Accounts Payable team members, including guidance on career and succession planning.

What will make you successful…

• University degree in Business, Mathematics or Statistics.
• Minimum of 3-5 years of experience in data mining, CRM, or Direct Marketing.
• Knowledge of SPSS, SAS, or similar statistical packages, as well as Cognos, SQL, or other data query tools.
• Analytical experience using software tools in a business-oriented environment.

• Experience with geoanalytical software (e.g., Regiograph, Mapinfo).
• Experience in retention activities and churn risk modeling.
• Experience with campaign management tools.