The AP Accountant is responsible for managing and processing vendor payments, ensuring compliance with company policies and contract terms. This role involves verifying invoices, performing reconciliations, and maintaining accurate financial records.
Responsibilities:
- Check and verify invoices and documents of payment request to vendors.
- Perform 3-way matching (Purchase Order = Good Receive Notes = Invoice)
- Make sure adequate documents and approvals as per contract terms and procedures.
- Inform payment issues to relevant departments in a timely manner.
- Prepare routine reports.
- Reconcile expense and VAT input.
- Manage accounts (Expenses, VAT input, Payables, Accrual, FAs, Long term prepaid exp, Inventory)
- Book relevant journal entries.
- Share cost to Residential component.
- Reconcile and book material cost.
- Save supporting documents and bank documents (both scanned and hard copies)
- Analyse AP aging report, provide proper explanation for the cases of earlier or overdue payments.
- Ensure payment term, vendors' information is updated exactly and timely in the system.
- Other assignments as instructed by line manager.
