Accounts Payable Lead
4 weeks ago
Accounts Payable
Examine, review and assess disbursement related transactions (administrative, plant-related, and employee reimbursements and advances) for completeness and appropriateness 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.
Budget
Gather information from different departments for budget assumptions.
Assist in budget preparation for the Power Group.
Job Specifications:
Bachelor's Degree in Accountancy, CPA license is required.
At least three (3) years experience in general or financial accounting, audit, or management accounting, including one (1) year experience in a supervisory capacity. SAP knowledge is an advantage.
Willing to report onsite assignment on a day-to-day basis.
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