Position Purpose This position will be responsible for processing and verifying service based payments and reconciling invoices. Job Description Process transactions on SAP for outgoing payments in compliance with financial policies & procedures. Perform day to day financial transactions, including verifying, classifying and recording of accounts payable data. Ensure timely payments as per SOP and within credit period/terms of payment. Proper follow-ups with budgeting and planning team regarding any CAPEX expense(s). Charge all CAPEX or project related entries to proper WBS and in appropriate AUC code by having the required approvals. Review and validate credits/refunds/retentions/charge backs and maintain the schedules. Ensure accurate Income Tax and Sales Tax withholding from payments with respect to region i.e. PRA/KPRA/FBR/SRB etc. Review payments to vendors and to different authorities, verify status from NTN/CNIC/STRN. Reconcile accounts payable ledger ...
Position Purpose Leading the off-shored accounts payable team for the Bestway UK Wholesale and Retail functions. Full ownership for all accounts payable activities such as invoice processing, payment processing, and ensuring accurate maintenance of supplier statements and monthly reconciliations. Job Description Managing and coordinating day-to-day activities of the local AP Team, ensuring accurate processing of invoices, matching to GRNs and POs, resolving queries and processing supplier payments. Resolving pricing discrepancies on invoices and notifying vendors of short payments. Assisting in implementing new processes that increases efficiency, accurate recording, and smoother payment processing. Identifying, researching, and resolving billing variances to maintain system accuracy. Posting invoices / credit notes per business requests and ensuring they are coded correctly in the accounting system. Pro-active management of supplier accounts and monitoring of ageing. Monitor AP mail i...
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