Accounts Payable Accountant

ABOUT MASTERCARD FOUNDATION 

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

THE WORK AT THE FOUNDATION 

We are currently in an exciting period at the Mastercard Foundation as we intensify the implementation of the Young Africa Works strategy, aiming to empower 30 million young people throughout Africa to access dignified and fulfilling employment.

To ensure the Foundation's accessibility to our partners and program participants, we have established offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda. These offices provide strong in-country support for the implementation of Young Africa Works. We collaborate with governments, the private sector, educators, and other funders to enhance the quality of education and vocational training, equip young individuals with the necessary skills for the workforce, expand access to financial services for entrepreneurs and small businesses, and facilitate connections between job seekers and meaningful employment opportunities.

Our values serve as our guiding principles, transcending and surpassing all other considerations. We wholeheartedly encourage you to bring your bold ideas, curiosity, and expertise to your work.

If you are an experienced professional Accountant looking to increase your impact, read on!

THE OPPORTUNITY

Reporting to the Accounts Payable (AP) Supervisor, the Accountant will work closely with the Accounts Payable (AP) Team colleagues to support the day-to-day accounts payable functions including timely and accurate entry, review, payment and reconciliation of program disbursements, operating expenses including taxes, out-of-pocket expense reports, Mastercard credit card expense reports and petty cash reimbursements.

WAYS YOU CAN CONTRIBUTE

• Process invoices and expenses in Concur, COMPAS (Microsoft SharePoint) and ERP Systems such as Great Plains, to ensure accuracy and tax compliance.
• Development and implementation of streamlined Shared Services reporting including KPIs as well as complete and accurate month-end vendor accruals.
• Ensure contract / purchase order tracker is updated prior to payment.
• Maintain and set up new vendors, including bank verification.
• Assist with month end closing processes, reconciliations, and audit.
• Analyze AP transactions and reconcile the account balances to AP General Ledger account.
• Ensuring Procure-to-Pay policies and processes are adhered to and reflect current legislation and regulations.
• Effective in utilizing technology to improve efficiency of the accounting team’s processes with a heightened awareness of cybersecurity and fraud.
• Efficient contributor to all team goals and deliverables 
• Provide high standard of customer service to all AP Shared Services stakeholders external and internal.
• Assisting with the onboarding and training of team members.  

WHO YOU ARE

• Bachelor’s degree in finance, accounting, or related field/or equivalent experience.
• Relevant professional qualification; CPA/CA/ACCA or equivalent experience.
• Two to five (2-5) years’ relevant experience in a similar organization.
• Solid understanding of full cycle Accounts payable as well as accounting principles, internal controls, tax compliance
• Analytical skills and Attention to detail.
• Proficient in Microsoft Excel with advanced problem-solving abilities.
• Exposure to ERP Great Plains and/or Concur would be an asset.
• Flexible, adaptable, agile, and able to execute a range of job duties with multiple deadlines and changing priorities.
• Proven excellence in verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures and to distill complex information and data into accessible conversation and written pieces.
• Possess professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.
• You have a commitment to Mastercard Foundation’s values and vision.

Deadline for Applications is November 29, 2023.

Mastercard Foundation (the “Foundation”) values and respects your privacy. By submitting an application for this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available at https://mastercardfdn.org/privacy/). Please note that the Foundation may share your personal information with third-party agencies that support the Foundation’s recruitment activities, and such third-party agencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.

The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment.

For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/
Follow the Foundation on Twitter at @MastercardFdn

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