Accounts Payable Supervisor

He/she must also ensure that the Company is in compliance with relevant tax laws and regulationsrelated to withholding taxes (EWT) and value added tax (VAT).

JOB RESPONSIBILITIES:

• Oversee the daily operations of the accounts payable team.
• Review and verify invoices, ensuring accuracy, complete financial records, and adherence to company policies and procedures and relevant accounting standard and tax laws.
• Conduct thorough analysis and reconciliation of accounts payable transactions and suppliers’ statements.
• Maintain and update suppliers’ records, ensuring accurate and up-to-date information.
• Coordinate with internal departments and suppliers to resolve any discrepancies or issues related to invoices and payments.
• Lead the development and implementation of efficient P2P processes and controls to enhance accuracy and streamline operations.
• Monitor and manage the accounts payable aging report, ensuring timely payments and resolution of outstanding items.
• Collaborate with the general accounting team to support month-end and year-end closing activities, including accruals and financial reporting.
• Stay updated on industry best practices and changes in applicable laws and accounting regulations related to accounts payable.
• Performs other tasks that may be assigned by the Senior Accounting Manager.

REQUIREMENTS:

• BS Accountancy graduate; CPA preferred but not required
• At least 5 years of experience in accounts payable management;
• Knowledge of accounting standards, Philippine Taxation (Withholding Taxes and VAT) and other statutory compliance.
• Experience with QuickBooks or other accounting software and systems preferred but not required.
• Excellent attention to detail and accuracy in processing invoices and payments.
• Effective communication and interpersonal skills to collaborate with internal stakeholders and external suppliers.