Accounts Payable Accountant 1-Fin

Job description

Maintain general accounting systems, policies, and procedures to ensure that proper information is reported in accordance with Generally Accepted Accounting Principles.

Assists in accounting functions which may include general ledger, accounts payable, fixed assets, and inter-company transactions. Maintain the general ledger to include the preparation of journal entries, analysis, reconciliation and reporting. Maintain and implement general accounting systems. Conduct account reconciliation periodically, ledger close activities, and provide accurate financial data to support management in decision making. Develop and prepare financial reports including profit and loss, income and balance sheet statements. Review and analyze inter-company transactions. Ensure all journal entries comply with internal and external audit specifications. Participate in the ongoing development and maintenance of internal procedures and processes. May participate in special projects.

Work involves some problem solving with assistance and guidance in understanding and applying company policies and procedures. Strong analytical, prioritization and communication skills in partnering with other internal groups and management. Familiarity with Excel spreadsheets is essential. Typically graduate or equivalent with 0 - 2 year experience. BA/BS degree in Accounting or equivalent.

Desired profile

Qualifications :

Sr Analyst, Accounts Payable

Purpose of Role: To perform day to day operation activities in APAC/EMEA region, To be an SME (Subject Matter Expertise) to resolve escalations and provide guidance on end-to-end resolution for queries received through service portal and phone .

Strengths: Must be a self starter and able to work independently. Should have high energy and be proactive in identifying issues, finding root cause and implementing a solution. Should be a team player and work with different process managers to ensure smooth process and opportunities for improvement. The candidate needs to be proactive and willing to bring in new ideas to enhance process efficiency.

Key Responsibilities
·  WHT determination while processing Vendor Invoices or recording supplier invoice details in the system.
·  Payments to the vendors and employees.
·  Handle query resolution.
·  Review and resolution of transactions on holds.
·  Import vendor & employee transactions through feeder system.
·  Reconciliations: Suppliers & Cash.
·  Review and action: Invoice Aging, Outstanding Prepayment & Write off transactions aged over 1 year.
·  Transferring accounting entries to the General Ledger and Month end period close.
·  Coordinating with internal and external customers.
·  Process Knowledge - Good working knowledge in AP.
·  Handle escalations received over emails and calls.
·  Training and mentoring new team members.
·  Continuously evaluate the process and bring in improvement ideas.
·  Participate in key initiatives.
·  Ensure process documentation is current and team is following it (compliance checks) .
·  Create reports and use data to identify progress and areas of opportunity.
·  Prioritize and manage bugs to closure with GPO and technical teams
·  Provide first level functional support for system and process issues. Educate and train end users on new systems and functionality. Maintain end user documentations and training material.

Qualification - Degree in Finance / Commerce

Experience : 2 Years of AP experience .

Other Skills:
·  Soft Skills - Excellent verbal and written communication skills, ability to listen and understand the needs of the customer are essential qualities for this position. Additionally, the candidate should be able to handle escalations and resolve conflicts in a professional and productive manner.
·  Analytical Skills – Data driven analysis is key to balance team workload, identify areas of improvement and monitor performance against goals.
·  Training skills - Should be able stay current with process changes and provide training to the team members.
·  Proficient in Excel, Word and Power point