Purchase Accountant

Job Summary

• The Purchase Accountant is responsible for managing and recording all Commodity purchase-related financial transactions, ensuring accuracy in accounts payable, Pre-payments and maintaining compliance with company policies and accounting standards.
• This role involves close coordination with the procurement team and internal departments to ensure timely and accurate processing of Pre-payments, purchase orders and invoices.

Key Responsibilities

• Pre-payments: Processing prepayments for the commodity purchases against the contracts and approvals from BUH
• Invoice Processing: Verify, record, and reconcile supplier invoices against purchase orders and delivery notes.
• Accounts Payable Management: Maintain accurate accounts payable ledger and ensure timely payments to vendors and setting off of the pre-payments against the invoice
• Purchase Order Control: Monitor and validate purchase orders for accuracy and compliance with budget and company policies.
• Vendor Coordination: Communicate with suppliers regarding discrepancies, payment schedules, and account statements.
• Expense Recording : ensure proper recording of expenses to respective business unit and appropriate Business products and commodity.
• Petty Cash Management: Maintaining the petty cash for the Branch and ensuring proper recording of the transactions in the ERP.
• Compliance & Documentation: Ensure all purchase transactions comply with tax regulations, internal controls, and audit requirements.
• Reporting: Prepare periodic reports on petty Cash expenses, Pre-payments and Purchase performance.
• Reconciliation: Perform reconciliation of supplier accounts and resolve discrepancies promptly.

Requirements

• Bachelor’s Degree in Accounting, Finance, or related field.
• Proven experience in accounts payable or purchase accounting (typically 3–5 years).
• Strong knowledge of accounting principles and ERP systems (SAP, Netsuite, Tally, etc.).
• Proficiency in MS Excel and financial reporting tools.
• Excellent attention to detail and organizational skills.
• Ability to work under pressure and meet deadlines.

Skills & Competencies:

• Analytical thinking and problem-solving.
• Strong communication and negotiation skills.
• Integrity and adherence to compliance standards.

Application Closing Date
31st July, 2026.

How to Apply
Interested and qualified candidates should:

Share this job: