payable Accountant - foreignThe VITO Consulting Group

JOB SUMMARY
Develops, implements and/or maintains one or more accounting systems: Journal entries, General Ledger, Accounts Receivables, Accounts Payable, Revenue Reconciliation, etc. Reviews and interprets financial reporting requirements, rules and regulations. Balances books and prepares profit and loss, cash flow, income and balance sheet statements. Monitors and develops monthly reports of revenues and expenditures for projects. Provides record of assets, liabilities and other financial transactions. May prepare federal, state and local reports and tax returns. May assist in the setup of processes and procedures that properly capture, track and report revenue, including deferred revenue, in accordance with the company revenue recognition policy. May generate revenue reports for internal and/or external use. May interpret reports and records for managers/stakeholders. May be involved in reviewing, tracking and maintaining billing information in the financial systems, ensuring accuracy and compliance with US GAAP and other accounting regulations.
KEY JOB RESPONSIBILITIES:
1. Payable Processing
a. Encoding of supplier sales and billing invoices in Oracle AP
b. Prepares payments/remittances to foreign suppliers:
 Application for wire or telegraphic transfer
 Bank Debit Advice
 Authority to Transact Online Payment and Payroll Crediting Form
2. Prepares withdrawal slip for dollar cash advances for official business trips
3. Request for set-up of vendor and employee in Oracle AP
4. Uploads payment file in the bank's Online Banking facility
5. Month-end Oracle Closing Process - done every 1st Saturday after FS cut-off
6. Ensure compliance with electronic storage requirement of BIR
7. Provides documents and support needed for financial and SOX audit
8. Attends to queries/concerns on payable and other related matters
9. Initiates systems, methodologies and services for continuous improvement
10. Performs other duties as may be assigned by immediate superior
REPORTS PREPARED
1. Weekly funding request - due every Monday of each week
2. Reconciliation of suppliers account
3. Journal Vouchers - due every 1 st Tuesday after FS cut-off
a. Photocopy Consumption
b. Printing Charges
c. Invoice Price Variance
d. Bank Charges
4. Schedule of bank charges - due every 1 st Monday after FS cut-off
FILES MAINTAINED
1. Funding Request
2. Supplier unpaid invoices
3. Paid vouchers
NETWORK OF INTERACTION
External (Who/ What)
 AMPI Foreign Suppliers (payment concerns)
Internal (Who/ What)
 Receiving Section (Delivery quantity concerns)
 Procurement & Supply Management
(Purchase price variance)
 Requestors (Service PO approval and certificate
of completion)
MINIMUM REQUIREMENTS
Education/Experience
 Degree in Accountancy or Finance
 At least 3 years relevant working experience in Accounting or Finance
 Knowledge in Oracle System Application/Coupa
 Computer literate (MS Office Applications)
Required Training
 New Employee Orientation Program
 Work Attitude and Values Enhancement
 Basic Microsoft Office Training
 Seminar on Expanded Withholding Tax
COMPETENCY
Core Competency
 Good verbal and written communication skills
 Good interpersonal skills and ability to relate with people in various levels of organization
 Accuracy and attention to details
 Good planning and analytical skills
 Customer service oriented
 Good sense of professionalism and confidentiality
Functional Competency
 Working knowledge of the entire finance function
 Keen on details and ability to explain them
 Ability to execute financial controls
 Working knowledge of Philippine local finance and accounting practices
 Working knowledge of Philippine tax laws and other government regulations
 Ability to comply with all legal and regulatory requirements
Interested applicants may send their CV to [Protected Info]
The VITO Consulting Group

Manila City, Metro Manila Paranaque City, Metro Manila
Permanent
Full-time