Accounts Payable Specialist

1. Accounts Payable

• Examine, review and assess disbursement related transactions (administrative, plant-related, and employee reimbursements and advances) for completeness and appropriates of documentation and approval.
• Make recommendation for payment of claims to contractors, suppliers and government entities to the Accounting Manager and / or controller.
• Liaise with external auditors during annual audit of books of accounts
• Prepare and file various tax returns required by BIR on a monthly, quarterly and annual basis (withholding tax and DST).
• Process payments with the BIR through manual or online payment.
• Submit filed return to government agencies, as required (BOI, BOC, PEZA, BIR, Banks, etc.).
• Monitor compliance with BIR and PEZA requirements. Report any issues noted.
• Respond to BIR and PEZA-related concerns and liaise with BIR auditors during audit.
• Research on the basis of tax positions to be taken on accounting transactions or business strategy and make recommendations
• Maintain and update tax database of purchases, sales, and business tax.
• Monitoring, analysis, aging and reconciliation of payables and tax related accounts.
• Reconcile accounts payable SL and GL on a quarterly basis (minimum) and investigate any discrepancies noted. Report findings to the Accounting Manager.
• Directly discuss or reconcile with suppliers for any discrepancies found in the claims being processed and claims per supplier
• Recommend necessary updates to accounting policies related to accounts payable and payment processing
• Supervise and review work of AP Analyst

2. Budget

Job Specifications :