Section Manager, Accounts Payable
4500 - 6000 SGDVISIONPOWER SEMICONDUCTOR MANUFACTURING COMPANY PTE. LTD.
Job Summary:
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:
o Manage daily accounts payable operations, including invoice processing, vendor payments, and employee reimbursements.
o Lead and develop the AP team to ensure high performance and service delivery.
o Review and approve payment runs, reconciliations, and AP-related transactions.
o Monitor AP aging and resolve supplier queries and payment discrepancies.
o Support cash flow planning by preparing payment forecasts and optimizing payment schedules.
o Partner closely with Procurement and Logistics teams to ensure smooth procure-to-pay operations.
o Ensure compliance with company policies, accounting standards, and internal controls.
o Support month-end and year-end closing activities, audits, and financial reporting.
o Ensure accurate accounting and reporting of GST and withholding tax ,including validation of tax invoices, input tax claims, and compliance with applicable tax regulations.
o Drive process improvements and system enhancements to improve efficiency.
o Liaise with internal and external auditors by providing required documentation, analyses, and explanations to ensure successful audit outcomes.
o Ensure compliance with statutory obligations, internal controls, corporate governance standards, and regulatory requirements.
o Undertake ad-hoc projects, analyses, and responsibilities as assigned by management.
Qualifications:
o Bachelor's Degree in Accounting, Finance, or a related discipline.
o Professional accounting qualification (e.g., CPA, ACCA, CA, CMA) is preferred.
Experience:
o Minimum5 years of Accounts Payable experience, including at least 2 years in a supervisory or managerial role.
o Strong knowledge of accounts payable processes, working capital management, and internal controls.
o Strong analytical, problem-solving and communication skills with excellent attention to detail.
o Advanced proficiency in Microsoft Excel and financial systems.
o Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, or equivalent.
o Demonstrated ability to collaborate cross-functionally and influence stakeholders at various organizational levels.
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