Weaver FinTech Group stands out in the digital financial services sector, offering consumers innovative methods to pay, borrow, and secure their financial futures. With prominent brands like Pay Just Now and FinChoice, Weaver FinTech Group empowers millions of South Africans by providing advanced solutions in Payments, Lending, and Insurance.
As a data-driven organization, Weaver FinTech Group thrives on collaboration, innovation, and a clear purpose: to simplify digital finance, make it more inclusive, and put humanity back into financial services.
Role Overview: Procure to Pay Accountant
The Procure to Pay Accountant role at PayJustNow is pivotal. Responsible for managing the entire supplier procurement and payment process, this position ensures invoices and disbursements are handled accurately and promptly. This accountant must foster robust relationships with vendors, support financial operations, and uphold the integrity of all payment systems within the organization.
Core Responsibilities
Invoice Processing & Payment Execution
- Receive, verify, and process supplier invoices, adhering to company policies.
- Guarantee timely and accurate payments for approved invoices.
- Maintain comprehensive records of payments to support audit requirements.
Supplier Management
- Actively liaise with suppliers to address payment inquiries and resolve discrepancies.
- Keep supplier records and banking details accurate and up-to-date.
- Facilitate the onboarding of new vendors while ensuring compliance with procurement procedures.
- Build and maintain strong relationships with suppliers to enhance collaboration.
Corporate Credit Card Management
- Monitor and reconcile expenses incurred with company-issued credit cards.
- Ensure that all spending is captured and aligns with the organization’s expense policies.
- Link receipts directly to credit card bank transactions for accuracy.
- Proactively escalate any payment exceptions or disputes.
- Complete necessary credit card bank reconciliations.
- Top-up credit card accounts to ensure funds are available for necessary expenditures.
Reconciliation & Reporting
- Conduct regular reconciliations of creditor accounts and payment batches.
- Prepare accounts payable aging reports and cash flow forecasts to assist management in financial planning.
- Generate various procurement and payment reports to evaluate performance.
- Support month-end close activities, providing essential documentation for audits.
Process Improvement & Compliance
- Identify and implement opportunities for streamlining accounts payable processes while improving overall efficiency.
- Ensure strict compliance with internal financial controls and regulatory frameworks.
- Contribute to the development and documentation of accounts payable policies and procedures.
Key Success Metrics (KPIs)
| Metric | Description |
|---|---|
| Accuracy of Invoice Processing | Timeliness and correctness in handling invoices, payments, and credit card receipts. |
| Reduction in Payment Delays | Minimizing instances of payment delays and supplier disputes. |
| Compliance Levels | Adherence to financial controls and audit standards. |
| Reporting Efficiency | Effectiveness in reconciliation and reporting processes. |
| Supplier Satisfaction | Quality of management and relationships with suppliers. |
What You Bring to the Role
- A Bachelor of Commerce Degree or a National Diploma in Accounting.
- 2-3 years of experience in a finance-related position.
- Intermediate to advanced Excel skills for data management and analysis.
- Exceptional attention to detail and strong organizational capabilities to ensure accuracy in financial records.
- Familiarity with automated financial and accounting reporting systems.
- Experience in retail or financial services is a distinct advantage.
What We Offer
- The opportunity to work with two of South Africa’s most innovative fintech brands.
- A collaborative atmosphere that fosters experimentation and professional growth.
- A chance to engage in AI-driven design innovation as a member of a forward-thinking creative team.
- A hybrid work model that provides autonomy and flexibility.
- Competitive compensation and benefits offered within a purpose-led, growth-focused organization.