What are the responsibilities and job description for the Accounting Analyst position at Winston Client - Global Chemical Distributor?
Job Description
Job Description
Financial Analyst - Accounts Payable Focus
Our client is a global provider and distributor of chemical ingredients for over 40 years. They both source and distribute chemicals globally and generate more than 40 billion in annual sales.
They are currently seeking an Accounts Payable (AP) Analyst. The AP Analyst reports to the AP Manager and is responsible for handling vendor queries, processing payments timely in Oracle, and maintaining the accuracy of the AP subledger in the Financials. The AP Analyst adheres to key performance indicators to maintain efficiency and accuracy in all tasks.
KEY RESPONSIBILITIES :
- Prepare the cash projections daily for material purchase orders (POs) and weekly for incidental expenses. Analyze the "pay planning" report and "vouchered but not created invoice" report daily. Apply payment in Oracle accurately for all Legal Entities.
- Prepare payment templates in Oracle and ensure accuracy of suppliers' wire instructions, monitor execution of payments by reviewing current bank balances.
- Maintain "late payment" tracker and collaborate with other departments to resolve issues (sourcing offices, logistics etc.)
- Provide professional responses to vendor payment inquiries and proactively reach out to vendors to reconcile current payments with their statements.
- Resolve complex AP / IT tickets and guide / train the AP Specialists team in Philippines.
- Lead month-end close for AP activities, including reconciling the AP subledger to the General Ledger (GL), netting off intercompany AP and AR transactions, and reconciling bank accounts with the GL and advance payments to suppliers.
- Maintain accuracy AP subledger in Oracle by applying prepayments to outstanding balances for all legal entities, netting-off difference in currency translation, proceeding with write up / offs for legacy issues.
- Initiate the new supplier onboarding process by providing the compliance documents required (e.g., Tax ID, Vendor Form, Bank Instructions) to AP Manager as per Company guidelines.
REQUIREMENTS :
COMPENSATION :
Company Description
Our client, a family owned and operated company—is a global supplier, importer, and distributor of chemicals, minerals, and raw materials.
In business over 40 years, they offer a variety of chemical products with diverse applications and uses, servicing a wide range of industries.
Company Description
Our client, a family owned and operated company—is a global supplier, importer, and distributor of chemicals, minerals, and raw materials. In business over 40 years, they offer a variety of chemical products with diverse applications and uses, servicing a wide range of industries.
Salary : $80,000