Accountant - Payable

Job id : ACCP 02

Basic Purpose of the Job

To assist in controlling and managing of the accounts payable so as to ensure that all payments due to suppliers are fully authorized and documented and are paid and settled on due dates so that the company does not default in matters of payments.

Responsibilities

• Check that the invoices and supporting documents pertaining to purchase from local suppliers are available to support the respective payment in accordance to the approved quotations and terms of payments and / or the purchase agreement.
• Prepare payment vouchers and post the transactions pertaining to operating expenses into the Nominal Ledger.
• Assist in control and monitoring of fixed assets quantity and value wise by location wise and prepare necessary adjustment for addition or deletion of fixed assets, location wise.
• Calculate monthly depreciation and update the Nominal Ledger and Fixed Asset Register by actual written down value.
• Verify the supporting documents of the payroll to present it to the senior payable accountant for further process.
• Vouch the petty cash expenses and check that they are authorized as per company rules and the disbursement statement is accurately prepared regularly and not exceeded the fixed limit.
• Keep custody of the Cheques books and maintain complete record of Cheques books issued, used and replenished so as to avoid its falling in unauthorized hand and also to use as reference as when required.
• Assist in maintaining record of accrued and prepaid expenses and ensure that a proper adjustment is made at the time of the final settlement of the transaction.

Years of Experience

2 – 4 years