Accounts Payable, Section Manager

VisionPower Semiconductor Manufacturing Company (VSMC); Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

VisionPower Semiconductor Manufacturing Company (VSMC) is seeking an Accounts Payable Section Manager to oversee end-to-end AP operations, including invoice processing, vendor payments, cash flow planning, GST compliance and withholding tax reporting.

The role leads the AP team, ensures compliance with financial policies and internal controls, and partners with Procurement and Logistics teams to resolve discrepancies, improve efficiency, and strengthen supplier relationships.

Qualifications

• Bachelor's degree in accounting/finance or related field.
• Professional accounting qualification (CPA/ACCA/CA/CMA) preferred.
• Minimum 5 years accounts payable experience, including 2+ years in supervisory/managerial role.

Responsibilities

• Manage daily accounts payable operations including invoice processing and vendor payments.
• Lead and develop the AP team to ensure high performance and service delivery.
• Review and approve payment runs, reconciliations, and AP-related transactions.
• Monitor AP aging and resolve supplier queries and payment discrepancies.
• Support cash flow planning with payment forecasts and optimized schedules.
• Partner with Procurement and Logistics for procure-to-pay processes.
• Ensure compliance with policies, accounting standards, internal controls and tax regulations.
• Assist month-end/year-end closing, audits and financial reporting.
• Ensure GST and withholding tax reporting accuracy and compliance.
• Drive process improvements and system enhancements to boost efficiency.
• Coordinate with auditors and provide necessary documentation.

Skills

Accounts Payable

Team leadership

Cash flow

Analytical skills

Excel

Education

Bachelor's Degree in Accounting/Finance

Professional accounting qualification preferred (CPA/ACCA/CA/CMA)

Tools

SAP

Oracle

Microsoft Dynamics

Job description

The Accounts Payable Section Manager is responsible for overseeing the end-to-end accounts payable operations, including invoice processing, vendor payments, cash flow planning, GST compliance, and withholding tax reporting. The role leads the AP team, ensures compliance with financial policies and statutory requirements, and partners with Procurement and Logistics teams to resolve transaction discrepancies, improve operational efficiency, and strengthen supplier relationships.

Key Responsibilities:

• Manage daily accounts payable operations, including invoice processing, vendor payments, and employee reimbursements.
• Lead and develop the AP team to ensure high performance and service delivery.
• Review and approve payment runs, reconciliations, and AP-related transactions.
• Monitor AP aging and resolve supplier queries and payment discrepancies.
• Support cash flow planning by preparing payment forecasts and optimizing payment schedules.
• Partner closely with Procurement and Logistics teams to ensure smooth procure-to-pay operations.
• Ensure compliance with company policies, accounting standards, and internal controls.
• Support month-end and year-end closing activities, audits, and financial reporting.
• Ensure accurate accounting and reporting of GST and withholding tax, including validation of tax invoices, input tax claims, and compliance with applicable tax regulations.
• Drive process improvements and system enhancements to improve efficiency.
• Liaise with internal and external auditors by providing required documentation, analyses, and explanations to ensure successful audit outcomes.
• Ensure compliance with statutory obligations, internal controls, corporate governance standards, and regulatory requirements.
• Undertake ad-hoc projects, analyses, and responsibilities as assigned by management.

Qualifications:

• Bachelor's Degree in Accounting, Finance, or a related discipline.
• Professional accounting qualification (e.g., CPA, ACCA, CA, CMA) is preferred.

Experience:

• Minimum 5 years of Accounts Payable experience, including at least 2 years in a supervisory or managerial role.
• Strong knowledge of accounts payable processes, working capital management, and internal controls.
• Strong analytical, problem-solving and communication skills with excellent attention to detail.
• Advanced proficiency in Microsoft Excel and financial systems.
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
• Demonstrated ability to collaborate cross-functionally and influence stakeholders at various organizational levels.