Accounts Payable Specialist (1-Year Contract)

Role Overview and Responsibilities

This position requires a highly organized professional to ensure accurate and timely processing of financial transactions related to accounts payable. The specialist will manage supplier invoices, employee claims, and perform various reconciliations to maintain financial integrity.

• Accurately record suppliers’ invoices and employee expense claims within the accounting system in a timely manner.
• Oversee day-to-day financial operations with precision to maintain consistency and correctness.
• Coordinate with vendors and internal departments to resolve any discrepancies in invoices or supporting documents.
• Track and follow up on expense accruals where invoices have yet to be received.
• Conduct daily reconciliations of bank statements and other accounts to ensure accurate balances.
• Process reimbursement claims for staff and ensure proper accounting entries.
• Assist in reconciling supplier statements to verify outstanding balances.
• Perform monthly reconciliations for intercompany accounts and creditors.
• Prepare payment batches weekly using online banking systems to facilitate timely payments.
• Contribute to month-end and year-end closing activities to meet deadlines effectively.

Candidate Requirements

• Possess a Diploma in Accountancy or have a minimum of three years’ experience in Accounts Payable functions.
• Demonstrate solid expertise in the full cycle of Accounts Payable processes, including invoice handling, three-way matching, payment processing, and account reconciliations.
• Exhibit meticulous attention to detail, strong organizational skills, and precision in data entry tasks.
• Capable of managing a high volume of invoice processing efficiently in a fast-paced work environment.
• Proactive attitude towards identifying opportunities for process enhancements to improve AP workflow efficiency.
• Proficient in Microsoft Office, particularly Excel (knowledge of functions like VLOOKUP and Pivot Tables) and Word.
• Able to work independently as well as collaboratively within a team setting.
• Willingness to work extra or extended hours as needed to meet deadlines.
• Applicants must be Singapore Citizens or Permanent Residents.
• This role is offered on a one-year contractual basis.