AGM - Accounts Payable - BFSI

DUTIES & RESPONSIBILITIES :

FINANCIAL REPORTING :

1. Implement SLA on all payment processing. Regularly monitors and report on observance of SLA via the payment monitoring file

2. Prepare supporting documents needed for internal and external audit

3. Prepare reports, as necessary for Accounts Payable management.

COMPETENCY REQUIREMENTS :

A. TECHNICAL COMPETENCY :

Knowledge on Basic Accounting and Audit Principles :

- Accounts Payable Accounting particularly the local tax laws (withholding tax & VAT) and tax compliance.

- Able to prepare accounting entries accordingly to reflect actual day-to-day transactions.

- Able to identify erroneous documents submitted when checking accuracy and existence of transactions.

- Able to require documents as needed to ensure completeness of transactions.

- Able to make recommendations for adjustments.

- Accurately apply changes in the accounting standards as mandated in the PAS/PFRS.

- Experience in account payable function, invoice processing, vendor query handling, payment processing, reconciliations and AP accounting

Key Responsibilities / Accountabilities / Deliverables :

- Ensure that accounts payable data is collated and invoices processed in accurate and timely manner

- Processes disbursements to vendors based on reconciliation of invoices, purchase orders and receiving documents

- Travel & Expense collation, validations and processing in concur and SAP

- Preparation and posting of expense accruals during month end close

- Responsible for overseeing the posting of all vendor and expense ledger entries

- Preparation of vendor reconciliations

- Work closely with the accounting team to ensure accurate financial reporting

- Monitor data quality and manage master data like profit centres, cost centres, GL accounts

- Follow up for resolution and closure of invoices in dispute

- Communicates with vendors in reference to purchase orders and invoices to ensure accurate payment to all vendors and handling vendor queries.

Knowledge on Tax Rules and Regulations :

1. Able to identify proper tax rules on corresponding transactions.

2. Able to plan and schedule tasks to be able to submit tax returns on time.

3. Able to effectively implement tax considerations (cost) related to PEZA activities, incentives and agreements.

B. CAREER ROLE COMPETENCY :

Communication :

1. Able to write or compose effective Business letter, memos and reports (e.g. incident/status reports).

2. Able to communicate clearly (in oral or written form) in English and Filipino; able to shift language and style to fit audience (e.g. shift from Technical to Layman terms as appropriate).

Organizing Work :

1. Able to organize work schedule based on a given project/work assignment; able to prepare a plan of action given workload and deliver as committed.

2. Able to coordinate and provide feedback/status on work assignments to immediate superior and other people concerned.