Salary Range: 25,000.00 to 28,000.00
Work location: Mandaluyong City
Work Schedule: Monday to Saturday, 7am to 4pm
Job Type: Full time
Job Description
- Supervise staff under the accounting department
- Assign, review, and monitor daily tasks for the AP and AR teams to ensure timely
and accurate processing of invoices, payments, collections, and receipts.
- Provide ongoing guidance and support to accounting staff, conducting performance
reviews and managing team development.
- Oversee the resolution of any AP/AR discrepancies, and ensure proper follow-up with
vendors and customers.
- Supervise the processing of vendor invoices, ensuring they are accurate, properly
coded, and paid on time.
- Ensure that all payments are made according to the company's payment terms and
that vendor relationships are maintained effectively.
- Reconcile accounts payable transactions and ensure timely month-end closing.
- Coordinate with procurement and other departments to resolve any issues related to
vendor payments or purchase orders.
- Oversee the timely and accurate invoicing of customers, ensuring that accounts are
up-to-date and all outstanding balances are appropriately collected.
- Monitor AR aging reports, follow up on overdue accounts, and collaborate with sales
teams to resolve any payment disputes.
- Ensure proper posting of cash receipts, customer payments, and adjustments in the
accounting system.
- Work with the collections team to improve AR turnover and cash flow management.
- Assist in the preparation of monthly, quarterly, and annual financial statements,
ensuring accuracy in AP and AR balances.
- Ensure that all AP and AR accounts are reconciled and any discrepancies are resolved
during month-end close.
- Assist in reviewing balance sheets and income statements, particularly focusing on
AP/AR-related entries.
- Ensure compliance with accounting standards, company policies, and legal/regulatory
requirements.
- Monitor and enforce internal controls to safeguard company assets and prevent fraud,
particularly in AP and AR processes.
- Support internal and external audits by providing documentation and explanations
related to AP/AR transactions and controls.
- Identify opportunities to streamline AP and AR processes, improving efficiency,
accuracy, and cash flow.
- Implement best practices for the handling of vendor and customer transactions to
ensure smooth operations.
- Partner with other departments (e.g., Sales, Procurement, Operations) to ensure
seamless coordination between the accounting department and other business
functions.
- Knowledgeable with SAP is a plus
