Accounts Payable - Accountant - 2 yrs experience - BGC, Taguig

Dempsey Resource Management; Philippines; On-site; PHP 279,000 - 446,000; Full time

Job summary

Dempsey Resource Management in the Philippines seeks an Accounts Payable specialist to manage invoice processing, three-way matching, and weekly payment runs. You will ensure accurate EWT and VAT handling and support month-end close with vendor reconciliations.

The ideal candidate has 2–4+ years in AP, strong MS Excel skills (VLOOKUP, Pivot Tables), and experience with a major ERP. High attention to detail and organized record-keeping are essential.

Qualifications

• Bachelor’s Degree in Accountancy or Financial Management is preferred.
• 2–4+ years of dedicated Accounts Payable experience.
• Strong proficiency in MS Excel (VLOOKUP, Pivot Tables) and experience with a major ERP accounting software.
• Solid understanding of Philippine taxation basics, specifically EWT and VAT.
• High attention to detail and strong organizational skills.

Responsibilities

• Invoice Processing: Receive, review, and encode vendor invoices and expense reports into the accounting system (e.g., SAP, NetSuite, Xero, QuickBooks).
• Three-Way Matching: Verify invoices against Purchase Orders (POs) and Goods Receipt Notes (GRNs) to ensure billing accuracy before routing for approval.
• Payment Runs: Prepare weekly or bi-monthly payment schedules, process checks, and initiate bank transfers while ensuring sufficient cash flow alignment.
• Tax Compliance: Ensure correct application of Expanded Withholding Tax (EWT) and Value Added Tax (VAT), and prepare BIR Form 2307s for vendors.
• Vendor Relations: Reconcile vendor statements of account (SOAs), resolve billing discrepancies, and respond to vendor payment inquiries promptly.
• Month-End Close: Prepare AP aging reports, record unbilled expense accruals, and assist in month-end and year-end closing activities.
• Record Keeping: Maintain organized physical and digital files of all payment vouchers and supporting documents for audit readiness.

Skills

Attention to detail

Organizational skills

Education

Bachelor’s Degree in Accountancy or Financial Management

Tools

MS Excel (VLOOKUP, Pivot Tables)

ERP accounting software

Job description

Qualifications

• Nice-to-have: Bachelor’s Degree in Accountancy or Financial Management; experience in a Shared Services Center (SSC) or BPO environment.
• 2-4+ years of dedicated Accounts Payable experience.
• Strong proficiency in MS Excel (VLOOKUP, Pivot Tables) and experience with a major ERP accounting software.
• Solid understanding of Philippine taxation basics, specifically EWT and VAT.
• High attention to detail and strong organizational skills.

Key Responsibilities

• Invoice Processing: Receive, review, and encode vendor invoices and expense reports into the accounting system (e.g., SAP, NetSuite, Xero, QuickBooks).
• Three-Way Matching: Verify invoices against Purchase Orders (POs) and Goods Receipt Notes (GRNs) to ensure billing accuracy before routing for approval.
• Payment Runs: Prepare weekly or bi-monthly payment schedules, process checks, and initiate bank transfers while ensuring sufficient cash flow alignment.
• Tax Compliance: Ensure correct application of Expanded Withholding Tax (EWT) and Value Added Tax (VAT), and prepare BIR Form 2307s for vendors.
• Vendor Relations: Reconcile vendor statements of account (SOAs), resolve billing discrepancies, and respond to vendor payment inquiries promptly.
• Month-End Close: Prepare AP aging reports, record unbilled expense accruals, and assist in month-end and year-end closing activities.
• Record Keeping: Maintain organized physical and digital files of all payment vouchers and supporting documents for audit readiness.