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Accounts Payable
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Job Responsibilities:
- Process and verify invoices, purchase orders, and delivery receipts for accuracy before payment.
- Prepare and execute payments through checks, bank transfers, and electronic methods.
- Monitor and manage accounts payable aging, ensuring all bills are paid on time.
- Record financial transactions accurately in the accounting system.
- Reconcile vendor statements, bank accounts, and company accounts regularly.
- Maintain updated vendor files, payment records, and accounting documents.
- Handle vendor inquiries, resolve discrepancies, and coordinate with purchasing and receiving departments.
- Assist with month-end and year-end closing activities, including journal entries and account reconciliations.
- Prepare financial reports, summaries, and schedules as required by management.
- Support audits by providing necessary documents, reports, and clarifications.
- Ensure compliance with company policies, accounting standards, and internal controls.
- Assist with budget monitoring, expense tracking, and general bookkeeping tasks.
- Update and maintain accurate ledgers, including accounts payable, accounts receivable, and general ledger.
- Help improve accounting processes and workflows for better efficiency.