Accounts Payable Associate
29 minutes ago
Key Responsibilities:
• Process and review invoices in Oracle Fusion, ensuring accuracy and adherence to company policies.
• Verify invoices against purchase orders, contracts, and delivery receipts.
• Ensure timely and accurate processing of payments to vendors and suppliers.
• Reconcile vendor statements and resolve discrepancies promptly.
• Work closely with procurement, finance, and operations teams to validate costs and budget allocations.
• Handle multi-currency transactions and exchange rate fluctuations.
• Ensure compliance with tax regulations, VAT, and withholding tax requirements.
• Assist in monthly, quarterly, and annual closing activities.
• Maintain vendor records and ensure up-to-date documentation.
• Support internal and external audit processes by providing necessary documentation and explanations.
• Identify opportunities for process improvement and automation in the accounts payable workflow.
Job Specification:
Qualifications & Experience:
• Bachelor's degree in accounting, finance, or a related field.
• 3-5 years of experience in Accounts Payable, preferably in the offshore/marine/oil & gas industry.
• Proficiency in Oracle Fusion ERP (Payables module) is mandatory.
• Strong understanding of accounts payable processes, financial controls, and accounting principles.
• Experience with multi-currency transactions and foreign exchange adjustments.
• Knowledge of tax regulations, VAT, and withholding taxes applicable to vendor payments.
Key Skills & Competencies:
• Strong attention to detail and high level of accuracy.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Ability to work in a fast-paced, deadline-driven environment.
• Proficiency in Microsoft Office Suite (Excel, Word, Outlook).
• Ability to work independently and collaboratively with teams.
• Familiarity with maritime/offshore vessel financial operations is a plus.
Preferred Certifications:
• Certified Accounts Payable Professional (CAPP) or similar accounting certifications.
• Oracle Fusion ERP certification is an added advantage
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