Payment Processing Expert
4 days ago
The Accounts Payable Specialist at Its Time For Tims Coffee is accountable for the efficient management of vendor invoice processing. This involves reviewing and verifying invoices to ensure accuracy and compliance with company standards.
Accountabilities:
- Invoice Verification: Review and verify vendor invoices submitted by departments to ensure accuracy and completeness.
- Payment Processing: Process payments in a timely manner, adhering to company controls and procedures.
- Discrepancy Resolution: Monitor and follow up on any discrepancies or issues related to processed payments.
- Financial Reporting: Record expenditures accurately in account ledgers and cost centers.
- Reconciliation: Perform regular reconciliation of vendor subsidiary ledgers against general ledger.
- Reporting Analysis: Prepare analyses of vendor account balances, including monthly aging reports.
- Compliance: Timely preparation and filing of BIR returns.
- Records Management: Manage records related to the AP function in accordance with company policies.
Education and Qualifications:
- Bachelor's degree in Business Administration, Finance, or Accounting.
- CPA certification preferred but not required.
- Proficient in Microsoft Office, including ability to operate computerized accounting systems.
- Strong attention to detail, documentation, and analytical skills.
- At least 1 year of relevant experience.
- Understanding of internal controls, particularly in accounts payable processes.
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