Finance Specialist
5 days ago
The Finance Specialist is responsible for managing the accounts payable and disbursement processes to ensure timely, accurate, and compliant payments to vendors, suppliers, and employees. This role plays a critical part in maintaining strong financial controls, supporting manufacturing operations, and safeguarding company cash flow.
Key Responsibilities
Accounts Payable Management
- Process, verify, and record vendor invoices in compliance with company policies.
- Match invoices with purchase orders and receiving reports to ensure accuracy.
- Monitor aging reports and resolve discrepancies with suppliers.
Disbursement Oversight
- Prepare and execute payments (checks, electronic transfers, payroll disbursements).
- Ensure payments are made within agreed credit terms to maintain supplier relationships.
- Reconcile disbursement accounts and maintain accurate records.
Compliance & Controls
- Ensure adherence to internal financial policies, tax regulations, and statutory requirements.
- Support internal and external audits by providing documentation and explanations.
- Implement and monitor internal controls to prevent fraud and errors.
Reporting & Analysis
- Generate regular reports on payables, cash disbursements, and vendor balances.
- Provide insights on payment trends, cash flow impacts, and opportunities for process improvement.
- Assist in budgeting and forecasting related to payables and disbursements.
Collaboration
- Coordinate with purchasing, warehouse and end-users to resolve invoice/payment issues.
- Liaise with banks and financial institutions for payment processing.
- Support finance leadership in strategic decision-making.
Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- 3–5 years of experience in accounts payable or disbursement, preferably in manufacturing.
- Strong knowledge of accounting principles, ERP systems (Infor Syteline), and MS Excel application.
- Familiarity with tax compliance and local regulatory requirements.
- Excellent attention to detail, organizational skills, and ability to meet deadlines.
Competencies:
- Analytical thinking and problem-solving.
- Strong communication and negotiation skills.
- Integrity and commitment to financial accuracy.
- Ability to work independently as well as collaboratively in a fast-paced environment.
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