Managing end-to-end accounts payable function involving accurate and timely processing of invoices, expense reports, and paymentsLeading and managing AP team, assigning tasks, providing guidance, and conducting performance evaluations to ensure the smooth operation of the AP departmentReviewing and verifying invoices for accuracy, completeness, and adherence to company policies. Resolving discrepancies related to invoicing, such as pricing discrepancies, missing documentation and approvalsMonitoring aging report and supervising payment runs including preparation of checks to ensure vendors payments are processed in accordance with credit terms and monthly cash flow payment planEstablishing and maintaining positive relationships with suppliers by addressing vendor inquiries, resolving payment-related issues, and negotiating favorable terms and discounts with vendorsCollaborated with cross-functional teams to resolve payment discrepancies and address vendor-related issues promptlyReviewing supplier account statements and account for adjustments to ensure accurate financial reportingEnsuring compliance with company policies, accounting principles, and legal requirements. Developing and implementing internal control procedures to safeguard company assets and prevent fraud or errorsContinuously assessing AP processes to enhance efficiency, accuracy, and productivity. Identifying opportunities for automation and implementing new technologies or systems to streamline AP operationsPreparing financial reports, providing insights and recommendations to senior management for process improvements and cost savingsMaintaining vendor master data within the ERP system

Preparation of financial reports, such as balance sheets, income statements, and cash flow statements in accordance with accounting standardsConducting month-end and year-end closing including reconciliations and adjustment vouchersSupervising statutory / external audits conducted on the financial statements. Providing required documentation, explaining processes, and addressing any audit observations or recommendationsAssisting in preparation of budgets and financial forecasts. Gathering and analyzing financial data, identifying trends, and providing inputs for budgeting decisionManaging GL Codes, cost centers, WHT rates and related ERP configurations to ensure proper documentation, classification, and coding of financial transactionsProviding assistance in the budgeting and forecasting process, collaborating with department heads and senior managementAssisting with tax audit and tax returns to ensure compliance with applicable regulationsReviewing bank account reconciliations to identify discrepancies and pending transactionsMonitoring employee advances to ensure accurate and timely settlements in accordance with applicable policies and approvals

Preparation of financial reports, such as balance sheets, income statements, and cash flow statements in accordance with accounting standardsConducting month-end and year-end closing including reconciliations and adjustment vouchersSupervising statutory / external audits conducted on the financial statements. Providing required documentation, explaining processes, and addressing any audit findings or recommendationsCalculating and allocate depreciation on operating fixed assetsAccounting for transactions of long term and short term bank financing including finance lease and foreign currency loansFormulating the annual income tax return in accordance with tax regulations of Federal Board of RevenueDeveloping report to initiate process of claiming "Withholding Tax Exemption Certificate," in accordance with guidelines of Federal Board of Revenue