· Perform day to day processing of accounts payable transactions to ensure that finances are maintained in an effective, up to date and accurate manner.
· Responsible for advanced payment processing (weekly & monthly), booking of suppliers, sub-contractors, and other creditor’s liability and Non- inventory invoicing.
· Interact with suppliers on a regular basis for their outstanding bills, address any queries, and make payments.
· Responsible for Receivables related to contracting invoicing of the related projects and follow-up with concerned personnel to deal with disputed invoices.
· Perform supply reconciliations and follow up with the concerned personnel to clear respective items.
· Complete payments and control expenses by receiving, processing, verifying, and reconciling invoices.
· Set up the process for making payments to foreign suppliers through Telex, LC, LBC etc., ensuring compliance to AML and foreign exchange laws as required.
· Liaise with suppliers to obtain outstanding invoices and ensure that they are authorized and paid in a timely manner.
· Direct advance payment to supplier or payment on Stock Receipt Voucher as per the credit terms after verifying bills and supporting documents.
· Record all cheques and prepare vendor cheques for mailing.
· Assist with month end processes/accruals and reconciliations.
· Direct payment of salaries, commissions, end of service benefits, and other allowances through payroll.
· Responsible for uploading monthly and vacation salaries of employees in the respective bank formats.
· Develop, implement and monitor policies, procedures and a system of cheques and balances relating to the financial payments.
· Implement reporting procedures and internal controls for the purpose of maintaining accurate records.
· Provide excellent customer service support to employees, and vendors with A/P and or A/R issues or questions.
Job Details
| Posted Date: | 2021-07-28 |
| Job Location: | Al Kuwait, Kuwait |
| Job Role: | Accounting and Auditing |
| Company Industry: | Mechanical Engineering; Electrical Engineering |
Preferred Candidate
| Career Level: | Mid Career |
| Nationality: | India |
| Degree: | Bachelor's degree |
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