Senior Finance Officer (Accounts Payable / Receivable) at Levitikal Group

Summary

• The Senior Finance Officer (Accounts Payable/Receivable) is responsible for overseeing the day-to-day processing of financial transactions related to accounts payable and accounts receivable.
• This role ensures timely and accurate payment to vendors and prompt collection from clients while maintaining compliance with financial policies and procedures.
• The role also supports the month-end closing, reconciliations, and financial reporting activities.
• Review and verify invoices and payment requests for accuracy and compliance with company policies.
• Ensure timely processing of vendor invoices and payments (cheques, bank transfers, etc.).
• Reconcile vendor statements and resolve discrepancies.
• Maintain vendor master data and ensure accurate documentation.
• Process employee reimbursements and ensure compliance with expense policies.

Accounts Receivable (AR):

• Generate and issue invoices to customers based on contracts or purchase orders.
• Monitor customer accounts and follow up on overdue payments.
• Allocate incoming payments to the correct accounts and invoices.
• Prepare aging reports and escalate collection issues as needed.
• Maintain accurate customer records and ensure timely application of receipts.

General & Administrative:

• Reconcile AP and AR accounts monthly and assist with the month-end closing process.
• Prepare audit schedules and support internal and external audits.
• Ensure adherence to internal controls and compliance with accounting standards.
• Identify process improvement opportunities and implement best practices in AP/AR functions.
• Support budgeting and forecasting by providing relevant financial data and analysis.
• Ensure proper deduction of withholding tax (WHT), VAT, and other statutory payments from vendor invoices.
• Liaise with the tax team for timely remittance and documentation.
• Maintain proper filing and documentation of all AP/AR transactions.
• Collaborate with procurement, project teams, and sales department for smooth flow of financial information.

Requirements

• Interested candidates should possess relevant qualifications.