- Calculate, post business transactions, process invoices, verify financial data for use in maintaining accounts payable records, and provide other support necessary to pay the obligations of the organization;
- Process accounts and incoming payments in compliance with financial policies and procedures;
- Deduct and withhold taxes on income payments to suppliers
- Submit a monthly summary of deducted Expanded Withholding taxes per Company
- Verify the authenticity of the purchase order prior to creating the order of payment, do not process billing with incomplete documentation (purchase requisition, purchase order)
- Maintain copies of vouchers, invoices, or correspondence necessary for files;
- Prepare vouchers listing invoice number, date, vendor address, item description, amounts, and coding per accounting policies and procedures;
- Record and update the Company's Disbursement Book
- Reconcile accounts payable transactions, as well as submit sales/use tax reporting expenses
- Maintain and update all accounts payable data, as well as ensure accuracy in general ledgers
- Evaluate all accounts payable balances and resolve all issues regarding unpaid invoices.
- Prepare invoices that are due for payment on a weekly basis subject to management's approval
- Creation of check vouchers approved by the management for payment
- Ensures smooth release of check payment based on existing Company Policy
- Ensure that there are no double payments or overpayments made for a particular purchase order
- Take responsibility for the use of tax and VAT accounting and submissions.
- Monitor and process the commission and incentive fee of Sales employees and freelance agents
- Monitor the payment submission of utilities and preparation of monthly billing reports
- Monitor and compare current and previous year payments for recurring expenses, such as government permits, insurance premiums, etc, and ensure that the current year's amount does not exceed the previous year's amount
- Inventory monitoring of Lubes, Appurtenances, and Consumables, report variances if any
- Audit Lubes, Appurtenances, and Consumables Inventory report of the Warehouse Department, report variances if any
- Work to drive process improvements in other accounting operation functions as assigned.
- Identify process improvements that lead to cost savings or revenue enhancement opportunities
- Support the overall objective and goal of the management.
- Performs other tasks that may be assigned by the Management from time to time.
Job Types: Full-time, Permanent
Pay: Php20,000.00 - Php23,000.00 per month
Benefits: - Additional leave
Company Christmas gift Health insurance
Opportunities for promotion Pay raise
- Promotion to permanent employee
Schedule:
Day shift
Supplemental Pay: Performance bonus
Education:
Experience:
- Accounts payable: 2 years (Preferred)
Expected Start Date: 09/02/2024
