Accounts Manager for Accounts Payable

The Assistant Manager - Accounts Payable is responsible for, but not limited to assisting the Accounts Payable Manager in overseeing the accounts payable day-to-day operations, accurate and timely management of accounts payable processes, from invoices to payment, validation and processing of disbursements, preparation of returns, filing and payment of taxes while ensuring compliance with company policies, procedures, and accounting standards.

Duties :

Works together with Accounts Payable Manager in reviewing and verifying invoices and expense reports, reimbursements, supplier reconciliation production management for accuracy, completeness, and appropriate approval.

Oversees the completion of assigned processing tasks by direct reports, ensuring efficiency and adherence to Service Level Agreement (SLA)

Assist in the validation and processing of company transactions per market segment

Monitors AP aging to ensure alignment with AP subsidiary ledger

Ensure that all accounts payable functions and processes are adequately documented, updated and disseminated to all team members for process improvement and continuous learning

Guides and oversees the team through active leadership in discovering and applying ongoing enhancements to the accounts payable process and associated procedures, with the goal of maximizing efficiency and effectiveness.

Manages the performance and development of direct reports through regular feedback and coaching and investigates long-standing or unusual account balances

Creates and organizes detailed plans, including contingency measures and work schedules for employees, to ensure adequate coverage of key tasks within the team.

Assists in the review, development and implementation of process improvements or amendments within key areas.

Oversee month-end activities and ensures accurate and timely submission of report and ensures smooth accruals of expenses for month-end closing by fostering strong business partnerships with various stakeholders.

Develop and implement a systematic and efficient approach to address and manage issues or crises in a timely and effective manner.

Guarantees adherence to internal and external controls.

Other Duties :

Performs other related duties that may be assigned from time to time

Qualifications :

Graduate of BS Accountancy, Management Accounting, Financial Accounting or its equivalent; CPA license is an advantage.

Minimum of 3 years relevant experience in Senior Superviror or assistant manager role.

Technology savvy, must be proficient in using store operations software

Above average oral and written communication skills

Results-oriented, must be analytical and with good problem-solving skills

Thinks logically and keen on details

Must be a team-player and with good interpersonal skills

REPORTS GENERATED : Cash flow

Profit and Loss Statement (P&L)

Departmental Expense vs. Budget

Analysis, recommendation and forecast

Audit

Strategic Planning

Annual Budget

Income Statement and Financial statements

The incumbent is expected to report for work daily according to the schedule set by the employer, must be physically and mentally fit to perform the assigned tasks, must be willing to travel to do field work depending on the needs and occasion, may be requested to work overtime.

Office-based – 80% normal duties

Field-based –10%