Accounts Payable Associate

2 weeks ago

Ermita Metro Manila, Philippines Global Process Manager Inc. Full time

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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