Accounts Payable
OSN
Total des années d'expérience :19 years, 1 Mois
Performs the day to day processing of accounts payable transactions, this involves working and building strong relationships with all departments within OSN. Ensures that the company finance records are maintains in an effective, up to date and accurate manner. Verifies that all transactions comply with OSN’s financial policies and procedures. Ensures supplier sub-ledgers are updated and all related invoices and payments are recorded accurately. Inputs Invoices into the Fraxion workflow system on a timely basis. Reconciles employee receivable and payable accounts. Obtains monthly supplier statements and performs supplier reconciliations monthly ensuring that account queries are resolved quickly to avoid payment delays. Manages relationships with creditors and liaising with internal customers throughout the business Liaising closely with other areas of the Finance Department including the Treasury and Billing Teams. Verifies Invoice coding and obtains signatures. Performs other related duties as required.
Reviews all invoices for appropriate documentation and approval prior to payment. Processes three (3) way P.O. matching invoices. Prioritizes invoice according to cash discount and payment terms. Processes Check Requests. Reconciles vendor statements, research and correct discrepancies. Responds to all vendors inquiries. Assists in month end closing.
Carry out the day to day processing of accounts payable transactions, manages vendor accounts and responsible for check and voucher preparation. Responsible for processing of purchase transactions by coordinating potential suppliers for a quote and prepares Canvass Sheet and Purchase Order. Provides administrative support in order to ensure effective and efficient office operations, maintains inventory files, manages filing system for all financial documents, and ensures the confidentiality of all financial and other company files. Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts and documents business transactions. Arranges batches of invoices for data entry on the Peachtree Accounting System. Prepares company accounts and reports and assists in all aspects of fiscal closings and financial reporting. Interacts with EVP-Operations in seeking approval for purchases, payments, budgets and other matters needed for approval. Notable Achievements: Earned career reputation for exceptional efficiency; seamlessly managed the workload of two office staff members during difficult downsizing. Produced savings by negotiating discounts with vendors. Saved cost by pro-actively searching and purchasing new office equipment and re-negotiating lease contracts. Improved the purchasing process from manual to computer base.
Audits the sales transaction of branches and verify the expenses incurred by them. Issues memorandum for non-compliance of branches based on set SOP by management in dealing with financial transaction. Verifies cash sales, remittances, and collections deposited by branch in the bank. Arranges the month end Sales Summary Report and other necessary report related to sales. Prepares the month end analysis of customer deposit accounts and makes journal entries for some necessary adjustments. Notable Achievement: Carefully managed a sensitive issue; identifies employee theft by auditing sales and confidentially reported the issue to the management.
Maintains construction materials inventory, equipment usage, project overhead, Furniture and fixtures and other cost incurred in the development of project. Revolving fund custodian. Calculates Labor, Overhead, and Bill of Materials Costs. Coordinates with Resident Engineer in order to shows additions or corrections in the cost of house and site development project. Prepares Cost Incurred and Status Report for site and house development project. Verifies contract billing submitted by Field Engineer.
Produces Sales and Account Receivable Report. Prepares schedule of VAT and withholding tax payable. Audits the sales transaction of branches. Encodes transactions to Computerized Accounting System. Processes Business Permits and other government requirements.
Accountancy is the practice of managing and maintaining business finances.