Accounts Payable

6 days ago

San Pedro, Calabarzon, Philippines PETROPLAS TRADING INCORPORATED Full time ₱250,000 - ₱350,000 per year
What does an accounts payable officer do

An accounts payable officer (AP officer) is responsible for several duties and tasks, such as:

  • Processing of payments and financial transactions to suppliers and obtaining goods and services from suppliers promptly
  • Liaising with finance officers and suppliers concerning stock management, financial records and accounts
  • Verifying expense reports and querying invoice items from internal and external business finance officers
  • Verifying and reconciling invoices
  • Communicating with the wider accounts payable team and comparing system reports to better manage accounts payable processes

Duties differ from business to business. It's important to take into account the specific requirements and expectations outlined by the hiring organisation for each role.

What are the duties and responsibilities of an accounts payable clerk?

The duties and responsibilities of an accounts payable role can involve:

  • Entering invoices into the accounts payable system
  • Processing payments
  • Filing and maintaining historical records
  • Checking and verifying entries and invoices
  • Preparing cheques for payment
  • Performing other ad hoc tasks as required by their supervisor
  • General clerical support
What technology does an accounts payable professional use?

Common tools and technology of the trade typically include:

  • Accounts payable software: An accounts payable software system contains a variety of functions that includes invoice processing, payments tracking, supplier relationship management (SRM), contract management and electronic banking interfaces.

  • Microsoft Office including Excel & Outlook: Commonly used email and software programs to help professionals manage their time and responsibilities.

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