ACCOUNTS PAYABLE ACCOUNTANT

1. Accounts Payable
1.1 Monitor A/P and ensure timely payment for local and overseas Suppliers.
1.2 Verify and Reconcile A/P discrepancies in a timely manner.
1.3 Check with suppliers for discount opportunities.
1.4 Issue Cheques and arrange pre-payments as and when required after getting approvals.
1.5 Process bank transfer payments for local and overseas Suppliers.
1.6 Update daily currency exchange rate and negotiate better rates from company-approved exchange houses and banks.
1.7 Verifies supplier accounts by reconciling monthly statements and related transactions.
1.8 Verify Invoices and supporting documents against Purchase Order before positing.
1.9 Maintain an updated Supplier database into the existing software.

2. Petty Cash Management
2.1 Handle and Manage Petty Cash. Any transaction above the allowable amount must be handled through the normal purchasing process.
2.2 Verification of each transaction and ensure accurate account title and cost centers prior to posting entries.
2.3 Request Petty Cash Replenishment on time with complete supporting expense documents.

3. Payroll Management
3.1 Keep proper recording of employee salary loans, advances, and applicable deductions.
3.2 Gather Attendance Report from Admin/HR after Payroll cut-off for Payroll reference.
3.3 Prepare Payroll in a timely manner, seek approval from MD and process salary through WPS.