Position - Accounts Payable Executive (M/F - 1 Post)

Salary - 800,000 MMK ~ 1,000,000 MMK + Ferry + Phone Bill Allowance

Business - Logistics

Working Days & Hours - Monday to Friday (8:30 AM ~ 5:30 PM)

Location - Mingalar Taung Nyunt Township

Job Description: 

• Invoice Processing and Payment: Invoice Receiving, verifying, and processing vendor invoices for payment.  
• Bank payments to suppliers, Payment issue resolution, Cross-functional communication on payments, Invoice discrepancies resolution. 
• Ensuring timely payments to suppliers, adhering to payment terms, and managing payment cycles. Daily Operations - Cash book management,   
• Record Keeping: Maintaining accurate and detailed records of accounts payable transactions.  
• General Ledger - Journal entries for prepayments and accruals, Debit note issuance for  intercompany payments, Balance sheet schedules 
• Reconciliation: Reconciling accounts payable with bank statements and other financial records. 
• Financial Reconciliation - Cash book and cash-in-hand reconciliation, Bank reconciliation, 
• Balance Sheet account reconciliation,  
• Compliance: Ensuring compliance with financial regulations, policies, and procedures.  
• Vendor Relationship Management: Building and maintaining strong relationships with vendors.  
• Problem Solving: Addressing invoice discrepancies and resolving payment issues.  
• Reporting: Helping Finance Manager for Month-End & Year-End Closing and analyses on accounts payable data.   
• Account verification and reconciliation, Discrepancy adjustments                                                        
• Verify and reconcile accounts to ensure consistency between different financial records Month-
• End & Year-End Closing - Account verification and reconciliation, Discrepancy adjustments     
• Make necessary adjustments to correct discrepancies  
• Audit Support: Assist in audits by providing necessary documents provision for audits,  
• Collaborate to complete the audit process within the target timeframe 
• Technology: Proficiency in using Accounting software and other accounting software. 
• Process and verify vendor invoices for accuracy and completeness. 
• Schedule and execute timely payments to vendors via checks, electronic transfers, or other methods. 
• Reconcile vendor statements and resolve any discrepancies. 
• Maintain and update vendor files and records. 
• Collaborate with other departments to obtain necessary approvals and ensure smooth operations. 
• Assist with month-end and year-end closing activities, including preparing reports and assisting with audits. 
• Respond to vendor inquiries and resolve payment issues. 
• Ensure compliance with company policies, accounting standards, and financial regulations. 

Job Requirement:

• Degree Holder, 
• Understanding of basic bookkeeping and accounting principles. LCCI Level 3 (or) ACCA part 1/2 partial 
• Attention to Detail: Accuracy and meticulousness in handling financial data.  
• Analytical Skills: Ability to analyze data and identify potential issues.  
• Communication Skills: Ability to communicate effectively with vendors and other stakeholders.  
• Problem-Solving Skills: Ability to identify and resolve issues related to invoices and payments.  
• Computer Skills: Proficiency in using accounting software and other relevant software.  
• In essence, an Accounts Payable Executive plays a critical role in ensuring the smooth flow of payments to suppliers and maintaining accurate financial records.