Accounts Payable Team Leader
6 days ago
KEY DUTIES AND RESPONSIBILITIES:
Scope Of Responsibilities:
A. Accounts Payable Operations
- Oversee and review invoices, check vouchers, and supporting documents prepareed by AP Assistants.
- Ensure proper cost allocation of expenses to the correct project, cost center, and general ledger account.
- Verify completeness and accuracy of project-related payables before endorsement to AP supervisor.
- Monitor daily AP transactions to meet processing deadlines.
- Prepare and review monthly AP schedules and submit consolidated reports to AP Supervisor,
B. Team Leader & Supervision
- Supervise, guide, and mentor two AP assistants in their daily tasks.
- Review work for accuracy and compliance with internal controls.
- Assign workload, monitor performance, and provide feedback for improvement.
C. Vendor & Project Coordination
- Coordinate with project managers regarding billing, cost allocation, and missing documentation.
- Communicate with suppliers on invoice discrepancies, payment schedules, and compliance requirements.
- Liaise with Treasury regarding check releases and funding schedules.
D. Reconciliation & Reporting
- Reconcile supplier statements of account with company records.
- Support AP supervisor in preparing periodic reports for Accounting Manager and CFO.
E. Compliance & Internal Control
- Ensure all invoices comply with BIR requirements (VAT, EWT, 2037 issuance).
- Safeguard approval workflow and authorization limits before processing payments.
- Assist in internal and external audit requirements.
F. AD Hoc & Special Assignments
- Perform other related tasks as may be assigned by the AP Supervisor or Accounting Manager.
- Participate in process improvement initiatives and system enhancements.
QUALIFICATIONS:
Educational Background
- Bachelor's degree in Accountancy, Accounting Technology, Finance, or Related Field.
Years of experience
- At least 2 years of experience in Accounts Payable, with prior supervisory or team leader experience preferred.
Competency requirements
- Background in Construction or project-based accounting is an advantage.
Job Type: Full-time
Pay: Php23, Php25,000.00 per month
Work Location: In person
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