Accounts Payable Senior/Executive (2 years contract)

Methodist Welfare Services; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading organization in Singapore is seeking an Accounts Payable Function Lead to oversee the accounts payable cycle, ensure timely vendor payments, and support month-end financial close activities. This role involves managing a small team, upholding financial controls, and collaborating with internal departments. The ideal candidate has at least 5 years of relevant experience in accounts payable, strong organizational skills, and proficiency in ERP systems. Competitive compensation is provided.

Qualifications

• At least 5 years of relevant experience in accounts payable.
• 2+ years in a supervisory or lead role.
• Strong understanding of accounting principles and financial controls.

Responsibilities

• Oversee the full accounts payable cycle.
• Manage end-to-end AP processes including invoice verification and payment execution.
• Prepare and post journal entries, accruals, and adjustments.

Skills

Detail-oriented

Strong proficiency in Microsoft Excel

Ability to manage multiple priorities

Education

Degree or diploma in Accounting, Finance, or related field

Tools

ERP systems (preferably ACCPAC/Sage 300)

Job description

Role Summary

The Accounts Payable Function Lead oversees the full accounts payable cycle, ensuring timely and accurate processing of payments to vendors, service providers, and program partners and supporting month-end close activities to ensure accurate financial reporting. The person will lead a small team, uphold financial controls, and collaborate closely with internal departments to support Organization.

Role & Responsibilities

Accounts Payable Operations

• Manage end-to-end AP processes including invoice and expense claims verification, coding, approvals, and payment execution.
• Reconcile AP sub-ledger to general ledger and resolve discrepancies
• Ensure accurate maintenance of vendor records and payment terms at all times.
• Monitor AP aging and follow up on outstanding items to maintain good vendor relationships.
• Work closely with Procurement, Centres and Departments to resolve invoice discrepancies and ensure smooth payment processes.

Month-End Close Support for departments assigned

• Prepare and post journal entries, accruals, and adjustments for Centres assigned
• Assist in preparing monthly financial reports and schedules for Centres assigned to support Centres’ decision making.
• Coordinate with the Finance team to ensure timely and accurate month-end close.

Qualifications, Competencies & Experience

• Degree or diploma in Accounting, Finance, or related field.
• At least 5 years of relevant experience in accounts payable, with 2+ years in a supervisory or lead role.
• Strong understanding of accounting principles, AP processes, and financial controls.
• Strong proficiency in Microsoft Excel and good proficiency in ERP systems (preferably ACCPAC/Sage 300)

Competencies

• Detail-oriented, organised, and able to manage multiple priorities
• Ability to work independently and collaboratively across departments.
• Experience with digital transformation or process improvement initiatives.