Accounts Payable Manager

Accounts Payable Assistant Manager / Manager

Responsibilities

• Set objectives for the accounts payable team that align with the Finance Department’s goals and KPIs;
• Manage the accounts payable team and the assignment of roles and responsibilities to the team;
• Responsible for timely and accurate posting of supplier invoices and relevant supporting document by the accounts payable team;
• Monitor timely and accurate submission of invoices and supporting document by the Operation teams to ensure payments made within agreed payment terms;
• Discuss and resolve billing disputes with suppliers;
• Ensure timely and accurate 3-way matching of purchase orders, deliver/servicey orders and invoices performed by the Operation and Finance teams;
• Review reconciliation of statement of accounts prepared by the team;
• Review bank reconciliation items to ensure they are cleared promptly;
• Review month end accruals and intercompany charging and ensure that they are posted timely;
• Maintain Accounts Payable Subledger and reconcile to the General Ledger;
• Review accounts payable ageing reports to provide meaningful analysis to management and assist in cashflow planning;
• Attend to various departments’ queries on payment matters and auditors’ queries on related matter;
• Identify issues and Implement accounts payable related policies and standard operating procedures to streamline and improve operational efficiencies and effectiveness.