Invoice Processing Manager

Job Description

Roles & Responsibilities
•To review and verify the accuracy of invoices, ensuring compliance with company policies, purchase orders, and contractual agreements.
•To oversee the entire invoice processing cycle from receipt to payment.
•To collaborate with procurement and finance teams to resolve invoice discrepancies or issues.
•To monitor the progress of invoices through the approval process, ensuring timely payment and maintaining accurate records.
•To monitor contract and PO terms and conditions, including payment terms.
•To review invoices for accuracy and completeness, ensuring compliance with company policies and contractual agreements.
•To manage vendor relationships by addressing inquiries, resolving disputes, and ensuring compliance with payment terms.
•To develop and implement invoice processing procedures and guidelines to improve efficiency and accuracy.
•To analyze invoice data to identify trends, potential cost savings, and areas for process improvement.
•To collaborate with the IT team to maintain and enhance the invoice processing system, including implementing automation and integrating it with other systems.
•To manage invoice processing staff, ensuring company policies and best practices are adhered to.
•To maintain up-to-date knowledge of relevant financial regulations, industry best practices, and emerging technologies related to invoice processing.
•To ensure all SLAs in the MTNIrancell invoicing process are met while reviewing documentation
•To devise reports on invoice processing metrics and present to the management
•To track the status of various guarantees, especially advance payment guarantees.
•To ensure timely release of advance payments and other payments upon fulfillment of contractual obligations.
•To implement automation tools and ERP to enhance efficiency and reduce manual errors.
•To monitor items subject to penalties and ensure that penalties are deducted for applicable items.
•To control errors such as incorrect amounts or duplicate payments.

Job Requirements

Education
•Bachelor degree in Logistic or related, MBA / Masters Advantageous

Experience
•Manager track record of 5 years or more; with at least 3 years in relevant sector/ industry
•Worked across diverse cultures and geographies advantageous