Accounts Payable Associate

Full job description

Designation:

Accounts Payable Associate

Reporting to:

Chief Accountant

Qualifications:

• Bachelor's degree in Accounting or Finance

Work Experience:

• 0–2 years of relevant experience

Age Range:

• 21–25 years

Key Skills & Competencies:

• Productivity & Efficiency
• Adaptability & Flexibility
• Teamwork & Collaboration
• Dependability & Reliability

Communication Skills & IT Credentials:

• Strong fluency in English
• Proficient in MS Excel, including advanced functions and data analysis tools.

Job Description:

• Performing monthly reconciliations for suppliers, subcontractors, and credit cards.
• Preparing payments, reviewing aging analysis, and managing bill allocation through ERP systems.
• Developing monthly reports for due payments in alignment with payment terms.
• Liaising with suppliers and subcontractors via email and phone to collect Statements of Account (SOAs) and arrange payment releases.
• Developing daily tracking reports for single-signature and dual-signature cheques.
• Organizing and maintaining all accounting vouchers, cheques, and documents.
• Preparing daily cheque disbursement reports for CFO review and approval.
• Managing monthly closings of accounts payables.
• Reconciling and maintaining balance sheet accounts.
• Conducting account analysis as needed.
• Assisting with year-end financial closings.