Accounts Payable Lead - KFC

Job Summary

• Plans and directs accounting activities within the Accounts Payable department (payments made within terms, projections of payments, supplier recons, etc.)
• Ensure the execution and improvement of the Accounts Payable Processes assigned to the department, aiming to achieve the strategic objectives set for the department
• Manage the financial reporting for all funds within the KFC and Pizza Hut Africa business: (1) the South African Marketing Fund, (2) the South African Supply Chain Management Fund; (3) the African Markets Marketing Fund, and (4) the African Markets Supply Chain  (5) Other Franchisee services
• Business partner and Drive excellence in providing robust and accurate financial information to the budget-holders; ensure that all revenue is appropriately accounted for, and optimize fund spending in line with budget. 
• Manage the KFC digital platform for WiCodes (electronic vouchering)

Key Responsibilities

• Interpret and analyze financial performance against key business metrics for KFC Equity and KFC and PH G&A
• Manage Payables team, to deliver reliable and high-quality service to Suppliers
• Review of supplier recons, preparing and gaining approval for all payments made weekly, and cash flow summaries for payment cycles
• Manage Service Levels and drive the development of plans for systems improvements in business financial controls
• Ensure implementation and compliance of policies and procedures 
• Providing accurate and complete information to external and internal auditors
• Management of the financial reporting of the Marketing fund, Tech fee, Franchise services, and Wi-Codes

ADVERTISEMENT - CONTINUE READING BELOW

This role requires the employee to have strong relationship skills as cross-functional partnering is imperative. The role has strict but manageable deadlines throughout each period. It requires an individual who can motivate and challenge a team while step-changing the transactional space.

Stakeholders

• Create and maintain relationships with operational management/leadership
• Create and maintain relationships with suppliers
• Create and maintain good working relationships with other departments i.e. colleagues including the global Control team
• Create and maintain relationships with Financial Controller, Chief Financial Officer, external/ internal auditors and Finance Planning team stakeholders

Working Model

• Over peak periods, overtime will be required (predominantly over month-end)
• Hybrid work with 3 days a week in the office, plus regular field trips

Requirements:

Qualifications

• Bachelor of Commerce (Accounting)

Experience

• 3 to 5 years of management experience
• Previous experience in a Control space will be beneficial

Computer literacy/proficiency

• Microsoft Office suite
• Oracle (JDE, HFM) preferential

ADVERTISEMENT - CONTINUE READING BELOW

Competencies

• Analytical - Synthesizes complex or diverse information; Designs workflows and procedures
• Problem Solving - Identifies and resolves problems in a timely manner
• Interpersonal Skills - Focuses on solving conflict; Maintains confidentiality
• Team Work - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit
• Leadership - Exhibits confidence in self and others; Inspires and motivates others to perform well
• Managing People - Facilitating and process improvement
• Ethics - Treats people with respect; Keeps commitments; Works with integrity and ethics; Upholds organizational values
• Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values
• Adaptability - Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events
• Dependability - Follows instructions, and responds to management direction; Innovation - Displays original thinking and creativity; Meets challenges with resourcefulness; Generates suggestions for improving work
• Judgment - Displays willingness to make decisions; Exhibits sound and accurate judgment;.
• Motivation - Sets and achieves challenging goals; Demonstrates persistence and overcomes obstacles;