Disbursement Associate

Property Company of Friends, Inc.; Imus; On-site; PHP 350,000 - 520,000; Full time

Job summary

Property Company of Friends, Inc. is seeking an Accountant to ensure accurate processing of supplier payments, review invoices, and maintain proper disbursement records in line with internal controls.

The role requires a Bachelor’s in Accountancy, proficiency with spreadsheets, and familiarity with SAP or similar software; you will prepare monthly reports and support budgeting and decision-making.

Qualifications

• Bachelor’s degree in Accountancy or related business course.
• Knowledge of finance, accounting processes and control principles.
• Ability to analyze financial data and prepare reports.
• Understanding of taxes applicable to vendors.
• Proficient in spreadsheets and SAP or similar software.
• Strong communication and time-management skills.

Responsibilities

• Implement company policies and internal controls regarding the processing of payments to suppliers and other payees.
• Ensure accuracy and timeliness in the processing of payments to suppliers and other payees.
• Conduct detailed reviews of invoices and supporting documents to verify the validity of payables.
• Ensure proper accounting treatment of disbursement transactions.
• Update disbursement monitoring files to maintain complete financial records.
• Prepare monthly reports and reconciliations as needed.
• Assist in the preparation of accurate and timely periodic and ad-hoc reports required for business decisions.
• Maintain proper filing of all documents related to non-construction payables.
• Recommends process improvement related to his/her function.
• Perform duties in accordance with the authorities outlined in the company’s authority matrix.

Skills

Payment processing

Invoice analysis

Disbursement monitoring

SAP

Spreadsheet proficiency

Communication skills

Time management

Education

Bachelor’s Degree in Accountancy or related business course

Tools

SAP

Job description

Duties and Responsibilities

• Implement company policies and internal controls regarding the processing of payments to suppliers and other payees.




• Ensure accuracy and timeliness in the processing of payments to suppliers and other payees.

• Conduct detailed reviews of invoices and supporting documents to verify the validity of payables.




• Ensure proper accounting treatment of disbursement transactions.




• Update disbursement monitoring files to maintain complete financial records.




• Prepare monthly reports and reconciliations as needed.




• Assist in the preparation of accurate and timely periodic and ad-hoc reports required for business decisions.




• Maintain proper filing of all documents related to non-construction payables.




• Recommends process improvement related to his/her function




• Perform duties in accordance with the authorities outlined in the company’s authority matrix.

Job Requirements

• Bachelor’s Degree in Accountancy or a related business course.




• Knowledge of finance, accounting processes, and control principles, with the ability to analyze financial data and prepare reports.




• Understanding of taxes applicable to vendors.




• Preferably knowledgeable in disbursement processing using SAP or other accounting software.




• Proficient in spreadsheet applications.




• Solution-oriented and proactive.




• Strong customer service orientation and interpersonal skills.




• Good verbal and written communication skills.




• Strong organizational and time-management skills.




• Preferably at least one year of experience in budget control; fresh graduates are also acceptable.




• Competencies include motivation, flexibility, adaptability, teamwork and collaboration, and an amicable demeanor.