Overview & Responsibilities
PURPOSE OF THE JOB
Primary function of the job is to oversee the Accounts Payable – managed payments cycle, payment control and assist in cash flow forecast.
BACKGROUND and EXPERIENCE
Minimum education required: B.S degree in Accounting or Finance
Preferred qualification: CPA or qualified accountant
Previous experience would be beneficial. The position requires good communication skills and involves liaising with external and internal customers. Computer skills are necessary with direct experience in spreadsheets, word processing, data bases and computerized accounting systems are required. Knowledge of standard accounting principles & IFRS. Knowledge of Elliott processes and procedures would be helpful, but not required.
NATURE OF THE JOB
• Independent and able to manage Account Payable, payment term and assist in the preparation of cash flow forecast.
• Reconciling account balances to ensure accuracy of data.
• Analyzing account balances/financial data for planning /forecasting.
• Individual must be capable of scheduling own work and close AP within the scheduled closing timeline.
CONTACT WITH OTHERS
Within Elliott - Close contact with all level of staff and Elliott Group companies
Outside Elliott - Contact with vendors.
WORK DIRECTION OF OTHERS
This position does not initially direct the work of other employees
SPECIFIC JOB RESPONSIBILITIES/COMPETENCIES
• Ensuring vendor invoices and intercompany transactions are captured in ERP system.
• Processing & auditing staff expense claim.
• Processing cheque & TT payments to vendors and intercompany.
• Processing staff expense reimbursement.
• Ensure that accruals and prepayment are reported in the accounting records in a timely and accurate manner in accordance with Company recognition policies and applicable GAAP
• Following up on outstanding POs with ISR and FS Coordinator.
• Prepare Payable Ageing report for management.
• Maintain Intercompany balance positions, reconciling with other group companies on a monthly basis.
• Prepare expense details for Corporate Tax filing.
• Process withholding Tax during vendor payment and prepare and file withholding tax to IRAS
• Prepare data in month-end and year-end closing for financial and management reporting e.g Stravis
• Maintain Fixed Asset Ledger and GL entries.
• Filing of GST return.
• Prepare the reconciliation of various general ledger account balances on a monthly basis
• Prepare variance analysis of SG&A expenses after month end closing
• Prepare statistic reporting to government agency
• Consolidate and prepare adhoc AP Regional Reports requested by Finance Manager or AP Controller.
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