Payable Accountant

Job Description

Role: Payable Accountant
Support various finance functions in different roles to ensure the delivery of high-quality and timely work that supports operations.

● Scan and validate vendor invoices using an OCR system.

● Conduct 3/4-way matching of invoices, investigate discrepancies and exceptions, and implement necessary corrective actions.

● Route 2-way match invoices for verification and approval.

● Process and post advance payment or urgent payment requests within specified Key Performance Indicators (KPIs).

● Review GST (Goods & Services Tax) codes and other tax-related considerations.

● Address and communicate with stakeholders regarding vendor invoice-related issues or queries.

● Participate in system user testing as required.

● Collaborate with the designated IT team to resolve day-to-day system issues.

● Respond to queries and document requests from internal/external audits and business units.

● Generate and review payment proposals for standard and urgent payments.

● Process urgent and advance payment requests posted in SAP within the stipulated KPIs.

● Escalate unresolved or complex payment issues to the Manager, business units, or stakeholders for resolution.

● Perform payment reconciliation to ensure successful encrypted transmission of payment files to the bank's online payment portal.

● Follow up to ensure authorized and released payments in the bank's online portal.

● Conduct inter-company and vendor Statement of Account (SOA) reconciliations.

● Review and follow up on bank reconciliation items related to direct debit arrangements.

● Participate in system user testing as required.

● Attend to queries and document requests from internal/external audits and business units.

Job Requirement

●     Diploma in Finance & Accounting, Certified Accounting Technician, or equivalent.

●     1 to 3 years or more of experience in Finance Procure-to-Pay (PTP) processes.

●     Proficient in spoken and written English.

●     Experience with SAP FICO and Microsoft Excel is advantageous.

●     Meticulous with excellent attention to detail.

●     Strong interpersonal skills and effective communication with business users in Singapore.

●     Effective communication and problem-solving skills.

●     Ability to work well as part of a team and interact with co-workers in Singapore.