Finance Associate

Job Summary

Responsible for accounts payable and treasury activities, ensuring accurate invoice processing, timely payments, COD reconciliation, and proper handling of company funds in accordance with internal controls and financial policies.

Key Responsibilities

1. Accounts Payable

• Process and review invoices and payment requests accurately and within established timelines.
• Verify supporting documents, approvals, and payment terms before processing.
• Perform invoice matching and ensure completeness of documentation.
• Monitor accounts payable transactions and outstanding payments.
• Coordinate with internal departments and suppliers to resolve invoice discrepancies and payment concerns.
• Maintain accurate AP records and support month-end closing and reconciliation activities.
• Prepare AP reports and provide documentation for internal and external audits.

2. Treasury & COD

• Manage and monitor Cash on Delivery (COD) transactions, including payment applications, collections, and settlements.
• Create and maintain payment applications for COD transactions involving clients and related parties.
• Ensure accurate recording and timely reconciliation of COD transactions.
• Coordinate with the Headquarters cashier to ensure timely remittance and settlement of COD funds.
• Maintain proper custody and handling of COD funds in accordance with internal controls and treasury policies.
• Prepare COD monitoring, reconciliation, and variance reports.
• Support audit and compliance requirements related to treasury and COD transactions.

Qualifications

• Bachelor's degree in Accountancy, Finance, or a related field.
• At least 2 years of relevant experience in Accounts Payable, Treasury, Accounting, or Finance Operations.
• Experience in invoice processing, payment applications, reconciliation, and cash management.
• Strong attention to detail and numerical accuracy.
• Good analytical and problem-solving skills.
• Proficient in Microsoft Excel and other MS Office applications.
• Good communication and coordination skills.
• Ability to handle confidential financial information and work with strict deadlines.