Accounts Payable (AP) Cycle Management

• Oversee the entire AP cycle, ensuring all vendor invoices are processed, matched with purchase orders, and discrepancies resolved promptly.
• Prepare weekly payment schedules and ensure timely disbursement in line with company policies.
• Review and post AP-related journal entries into the accounting system, maintaining accuracy and compliance.

Transaction Review and Oversight

• Validate and review junior accountants' transactions to ensure accuracy and compliance with financial standards.
• Provide guidance and support to junior staff, addressing discrepancies or training needs.

Monthly AP Closing and Reporting

• Lead the AP monthly closing process, ensuring all relevant entries are recorded accurately and on time.
• Prepare and maintain AP aging reports to monitor payment schedules and vendor relations.
• Compile monthly sell-out reports related to consignment cycles and share them with suppliers by the 10th of each month.

Financial Reporting & Analysis

• Collaborate with the finance team to ensure accurate and timely financial reporting.
• Provide insights and recommendations to management regarding AP trends and cash flow optimization.

Internal Controls & Compliance

• Ensure AP processes adhere to company policies and comply with applicable financial regulations.
• Monitor internal controls related to AP and recommend improvements to mitigate risks.

Collaboration with Stakeholders

• Work closely with procurement and operations teams to streamline AP processes and resolve discrepancies.

Maintain strong relationships with suppliers and external auditors to ensure smooth financial operations.