Payable Accountant

Role: Payable Accountant
Support various finance functions in different roles to ensure the delivery of high-quality and timely work that supports operations.
● Scan and validate vendor invoices using an OCR system.
● Conduct 3/4-way matching of invoices, investigate discrepancies and exceptions, and implement necessary corrective actions.
● Route 2-way match invoices for verification and approval.
● Process and post advance payment or urgent payment requests within specified Key Performance Indicators (KPIs).
● Review GST (Goods & Services Tax) codes and other tax-related considerations.
● Address and communicate with stakeholders regarding vendor invoice-related issues or queries.
● Participate in system user testing as required.
● Collaborate with the designated IT team to resolve day-to-day system issues.
● Respond to queries and document requests from internal/external audits and business units.
● Generate and review payment proposals for standard and urgent payments.
● Process urgent and advance payment requests posted in SAP within the stipulated KPIs.
● Escalate unresolved or complex payment issues to the Manager, business units, or stakeholders for resolution.
● Perform payment reconciliation to ensure successful encrypted transmission of payment files to the bank's online payment portal.
● Follow up to ensure authorized and released payments in the bank's online portal.
● Conduct inter-company and vendor Statement of Account (SOA) reconciliations.
● Review and follow up on bank reconciliation items related to direct debit arrangements.
● Participate in system user testing as required.
● Attend to queries and document requests from internal/external audits and business units.