Account Payable Executive Jobs

JOB DESCRIPTION

• Support superior in managing day-to-day operating expenditures against operating budgets to ensure efficient usage of resources
• Coordinate and execute continuous improvement initiatives to streamline existing accounts payable processes and improve efficiencies through better utilization of automated systems
• Supervise the maintenance of the database containing vendors' details (payment terms, bank account details, etc.) for payment processing reference. Update payment terms and other agreements with external vendors
• Implement accounts payable processes and internal controls to ensure governance over the Accounts Payable function
• Supervise the recording of all accounts payable and payment transactions to ensure timely and accurate monthly and yearly accounts payable closing. Validate payment reconciliation against invoices/bank records/aging
• Support the preparation of the monthly accounts payable and payment status reports for accountability purposes. Track payment progress and analyze key expenditures to monitor cash outflows
• Work closely with internal stakeholders in monitoring payment efficiency (e.g. creditors turnover, etc.) and changes in vendors' payment term

REQUIREMENT

• Strong attention to detail and basic analytical skills
• Demonstrate proficiencies in office productivity tools (e.g. Excel, Word and PowerPoint)
• Minimum 1 years' experience as Accounts Payable
• Demonstrate good working knowledge in managing Accounts Payable and application of local/international accounting standards
• Diploma or Bachelor Degree or basic certification in Accounting/Finance or related discipline
• Proven hands-on experience in SAP Accounting applications is in advantage