Accounts Payable Manager
1 week ago
About the role
As the Accounts Payable Manager at Manila Water Company, Inc., you will play a crucial role in overseeing the organization's accounts payable process. This full-time position, based in Quezon City Metro Manila, will be responsible for leading a team of accounts payable professionals and ensuring efficient and accurate management of all vendor payments.
What you'll be doing
- Develop policies and processes to ensure timely and accurate payment processing and compliance with accounting, tax, governance, and regulatory requirements as well as contract rates.
- Ensure updated policies and procedures related to in-scope disbursement processes.
- Analyze and review other adhoc policies and process flows as may be needed by the business/cost groups.
- Escalate exception handling requests to AP & Tax Operations Department Head.
- Roll out Request For Payment (RFP) processing guidelines to both AP Analysts as well as partner groups for alignment (ex. new governance requirements, cut-offs, etc).
- Review and monitor the team's throughput for process improvement initiatives.
- Coordinate overall settlement timeline with Vendor Management, Treasury, and Tax Operations, to ensure that payment details are correct, timing is aligned with Treasury's funding plan, and complies with the cut-offs of the Tax Operations Team.
- Develop and maintain periodic payment plans according to settlement dates and based on the company's need for the approval of AP and Tax Operations Department head.
- Ensure that the related process-flow documentation regarding this output is updated and is submitted for the approval of the AP and Tax Operations Department Head.
- Cascade and communicate overall process flow to both AP analysts and customer groups in the organization.
- Work closely with AP and Tax Operations Team and Business Units to build capabilities for executing accounts payable processes at appropriate places which allows improvement of the effectiveness and efficiency of the team.
- Review documents related to the team for approval of the AP & Tax Operations Department Head &/or Controllership Division Head.
- Identify potential process risks, establish control plans, and monitor the impact of the same.
What we're looking for
- Minimum of 5 years of experience in accounts payable management, preferably in a large, complex organization.
- Strong knowledge of accounting principles, best practices, and regulatory requirements.
- Preferably with experience in SAP / S4 Hana.
- Excellent communication and interpersonal skills, with the ability to work collaboratively with cross-functional teams.
- Proven leadership skills and the ability to manage and develop a team of accounts payable professionals.
- Analytical and problem-solving skills, with the ability to identify and implement process improvements.
- Bachelor's degree in Accounting, Finance, or a related field.
Manila Water and its subsidiaries DO NOT charge fees in exchange for employment. You may verify Manila Water job openings at careers@manilawater.com.
Be vigilant. Be informed.
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