Manager Accounts Payable (SGD 6k-7k)
The AP Manager is to lead and manage the AP function to achieve both day-to-day operational objectives, as well as long-term targets for the AP function. Summary of job function and key deliverables are:
Achieve long-term business targets in process streamlining, process automation and productivity gains. Lead the AP function in ongoing transformational journey with new ERP system.
Manage the primary responsibilities of the AP function, to ensure that KPI for the processing and settlement of payables are met.
Liaise with various internal departments, vendors and other external parties to resolve AP and payments issues.
Train and coach staff within the AP function to develop core competencies and advanced skillsets required for process improvements and process automation.
Build up and develop succession plans for the AP function.
Lead in the preparation and analysis of periodic reports, dashboards, ad-hoc reports and projects.
AREAS OF RESPONSIBILITY
Operational Matters and Controls
Maintain adequate and proper design of AP processes, balancing between operational needs, controls and cost-benefit considerations.
Ensure compliance with AP processes, accurate and timely processing, authorization and payment.
Execute and administer AP processes, including the processing and validation of invoices, review of journals and approval of invoices.
Resolve discrepancies on purchase orders, contracts, delivery orders and invoices with internal and external parties.
Handle audit, tax and any other ad-hoc queries from internal and external stakeholders.
Strengthen current internal controls and improve Finance processes and systems.
Management and Analysis
Periodic analysis of AP aging report and reconciliation against vendors’ statements of account to ensure payments are up to date.
Participate in the review of accruals, prepayments, deposits and other accounts to ensure accuracy and validity.
Analyze invoice volume and invoicing protocols, work with vendors to streamline billing processes to achieve efficiency gains.
Analyze and increase staff productivity and effectiveness.
QUALIFICATION / EXPERIENCE
Degree in Accounting / Finance with at least 5 years in an AP Supervisory role.
Strong background, knowledge and experience in AP process re-engineering and AP process automation.
Forward-looking mindset and change management skills to drive and lead process and system improvements in AP function.
Strong people management, supervisory and analytical skills; ability to communication at all levels.
Independent, hands-on, and highly motivated with commitment to meeting deadlines and objectives.
Proficiency in Oracle Fusion Accounts Payable or substantial ERP AP system experience.
Proficiency in Microsoft Office and data analytics tools.
At least 3-5 years of relevant working experience in the shipping industry preferred
Singapore PR and Citizen only!