Executive - Accounts Payable Accountant

1. Job Summary
Responsible for day-to-day payment processing, financial reporting, and accurate reconciliations across accounts payable, cash, bank accounts, loans, and term deposits.
2. Key Responsibilities & Duties
Payment Processing & Execution
• Process bank payments accurately and on time for contractors, suppliers, and operational expenses.
Compliance & Audit Control
• Review payment requisitions to ensure compliance with internal company policies, standard accounting procedures, and applicable tax regulations.
Ledger Accounting
• Record, match, and post trade and non-trade accounts payable transactions in the VGL accounting system.
Financial Reporting & Cash Tracking
• Maintain and update tracking reports for bank loans, credit facilities, and term deposit accounts.
• Prepare and update accounts payable reports categorized by contract number.
• Monitor bank statements and update weekly cash balance reports.
Tax Management
• Prepare monthly input VAT reports.
• Calculate Foreign Contractor Withholding Tax (FCT/WHT).
• Report Personal Income Tax (PIT) deductions to the HR department.
Month-End Closing
• Perform monthly bank reconciliations to support a smooth and timely month-end closing process.
Other Duties
• Perform other tasks and ad-hoc duties as assigned by management from time to time.