Head of Accounts Payable
Job Category:
Accounting
Job Level:
Managerial
Open Date:
17-Apr-2022
Location:
CITY OF MANILA
Close date:
31-Jul-2022
Client Industry:
TELECOMMUNICATIONS
Job Description and Qualification:
Job Purpose:
• Lead and manage the Accounts Payable team to ensure that all AP Operations services are provided on a timely basis, comply with Company accounting procedures, and applicable group and local accounting standards.
Key Accountabilities:
• Lead and oversee the delivery of Accounts Payable (AP) services
• Ensure payments are completed accurately and timely manner
• Solve discrepancy between purchase order and invoice
• Monitor backlog invoices and manage the overdues.
• Review report and vendor reconciliation and act on overdue open items
• Drive team urgency in preparation of critical periods, such as month-end closing
• Ensure Accounts Payable operations are in compliance with Group Policies and local taxes (GST & WHT)
• Lead in the planning & implementation of AP-related systems to maximize process efficiency
• Take lead in workstream continuous improvement activities to drive optimal operational performance
• Review all processes and procedures within AP workstream and make recommendations as to potential improvements
• Document and standardize policies and procedures related to Accounts Payable, ensuring that adequate controls are in place to ensure audit compliance
• Overall manage the AP function in an efficient manner, including setting employee goals and handling performance reviews
• Keep abreast with technological advancements in AP finance & expense systems arena and review/evaluate their suitability for the business
• Resolve operational issues after taking into consideration of business and systems constraints vs accounting requirements
Qualification, Skills and Knowledge:
• Candidate must possess at least a Bachelor's Degree, Post Graduate Diploma, Professional Degree, Finance/Accountancy/Banking or equivalent.
• Required language(s): English
• At least 7 year(s) of working experience in the related field is required for this position.
• Preferably Managers specializing in Finance - General/Cost Accounting or equivalent.
• Experience in Audit, Accounting and Finance with 3 years in Managerial position
• Strong working knowledge of PSE & IFRS reporting requirements
• High proficiency in MS Excel, MS Words and Ms Power Point
• Excellent organizational and time management skills
• Excellent written and verbal communication skills
• Experience in shared services management or Telco industry is an advantage but not mandatory
• Transition experience and/or ERP implementation experience;
• Experience of working in a / within a multicultural, international environment;
Salary:
PHP 2 M – 2.9M