Accounts Payable Specialist
1 hour ago
DUTIES & RESPONSIBILITIES
a. Job Summary:
Accounts Payable Specialist
b. Functional Duties & Responsibilities:
The roles and responsibilities of Accounts Payable(AP) Specialist have expanded from being an
AP Processor to AP Specialist.
- Processing of request of payments(RFP) ranging from hundreds to millions of pesos for
expenditures related to construction with Purchase Order and Non-Purchase Order.
- Ensures that invoices are processed in an efficient and timely manner in accordance
with the required Turn Around Tim(TAT).
- Analyzes transactions by performing 3-way matching procedures through the review of
PO, contracts and engagement letters vs Request for Payments and Sales Invoice to
verify the accuracy, authorization and validity.
- Avoiding the risk of BIR Audit Assessments by recording the correct corresponding
withholding taxes, VAT and other applicable taxes based on existing BIR regulations
resulting to saving of millions of pesos on unnecessary expenses.
- Performing analysis and Test of Reasonableness of Taxes paid to Local Government
Units (LGUs) BIR. Escalates material deviation notes to avoid overpayment.
- Ensuring the correctness of Accounts Payable Voucher (APV) entries in SAP and in
accordance with accounting standards to avoid misstatements of Financial Statements
and avoiding reworks through adjustments and reclassification.
- Identifying opportunities for process automation and innovation, abandonment of
wasteful practices and other process enhancements and compliance to regulatory
bodies.
- Interfacing with the internal and external stakeholders (Vendors, sellers and manpower
service providers) to reconcile accounts and discussion of issues.
- Support other AP Specialist for urgent payments and increase in team's production
volume.
- Protection of confidentiality of request of payments, contracts, PO, engagement letter,
commission payments and other confidential documents, records and data that can be
compromise the company.
Report preparation and presentation during meetings.
Accomplishes other special projects that may be assigned by his/her superior
JOB SPECIFICATIONS
a. Education
- Graduate of Bachelor of Science in Accountancy
b. Job Experience
1-year work experience in auditing firm
1- 4 years related work experience in other companies
Amenable to work at Makati City or Pasay City
c. Competencies Required
Strong Analytical Skills
Attention to details
Knowledge in SAP
- Knowledge in Excel, Word and PowerPoint
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