Payable Accountant

Job Description

Accounts Payable Management & Supplier Relations

• Maintain and update detailed accounts payable records for each supplier, ensuring accuracy and completeness.
• Track and monitor inventory related to supplier transactions, ensuring alignment with accounts payable data.
• Verify and validate payment documents (contracts, reconciliation statements, invoices) for compliance and accuracy.

Payment Processing & Tracking

• Monitor the progress of payments to suppliers, ensuring timely settlement of outstanding payables.
• Regularly communicate with suppliers to resolve any discrepancies and ensure smooth payment flows.
• Reconcile accounts payable balances with relevant departments to ensure consistency across financial records.

Reporting & Financial Analysis

• Prepare aging reports for accounts payable, categorizing liabilities by payment due dates (Aging Analysis).
• Generate and submit regular reports on accounts payable status (weekly, monthly, quarterly, annual) to the Chief Accountant and Management Team.
• Prepare ad-hoc reports and analyses as requested by senior management.

Additional Duties & Process Improvement

• Perform other accounting tasks as assigned by the Chief Accountant or Finance Manager.
• Collaborate with cross-functional teams to streamline accounts payable processes and improve financial efficiency.

Job Requirement

• University Degree/ College (Major of Accounting)
• Solid understanding of accounting legislation and accounting procedures
• At least 2 years experience in related fields
• Be able to work under pressure, and willing to take responsibility.
• Good English is preferable
• Good writing & reporting skills
• Fast learner, Independence, passion for accounting
• Strong negotiation and communication skills
• Good time and task management skills.
• Good working knowledge of MS Office products (Word, Excel, PowerPoint, Outlook), Microsoft Office 365, and the ability to quickly adapt and work with new software
• Ability to deal with multi-functional tasks and meet deadlines in a fast-paced environment.
• Be able to work under pressure, and willing to take responsibility.