Accounts Payable Asst Manager - Central / 5 days / Education Industry [SAS]

Accounts Payable

• Manage the full spectrum of accounts payable operations.
• Supervise and guide the AP team to ensure compliance with accounting policies and standard operating procedures.
• Ensure all purchase documents are complete, properly approved, and accurately recorded in the accounting system on a timely basis.
• Ensure timely and accurate submission of withholding tax (WHT).
• Maintain complete and accurate records for agent commissions and royalties.
• Ensure month-end and year-end closing activities are completed within stipulated deadlines.
• Liaise closely with the General Ledger team and follow up on bank reconciliation items.
• Approve the creation of new vendors in Navision.
• Guide and support PO users and approvers on the Navision system.

Cash Flow Management

• Prepare monthly cash flow projections.
• Support effective cash flow management to ensure optimal liquidity.
• Closely monitor cash positions to ensure sufficient funds for payments.
• Liaise with operations on expected cash collections and manage outstanding payments.

Management Reporting

• Ensure timely month-end and year-end closing of the AP sub-ledger.
• Ensure all expenses are complete and accurately recorded.
• Prepare AP-related reports for month-end and year-end close.
• Perform expense variance analysis for management reporting.
• Prepare and review monthly audit schedules.
• Compile relevant financial data for board presentations.

Forecasting & Budgeting

• Assist in the preparation of forecasts and budgets for direct costs and operating expenses, where applicable.

Outsourced Vendor Management

• Oversee the performance of outsourced service providers.
• Ensure outsourced vendors meet daily and required deliverables.
• Provide regular feedback and performance assessments to vendors.
• Ensure Desktop Procedures are updated regularly or as required.

Compliance (EduTrust & Audit)

• Ensure compliance with EduTrust (CPE) and audit requirements, particularly in payment controls.
• Perform regular reviews and updates of documentation to meet EduTrust requirements.
• Support audit processes and liaise with external auditors on audit requests and submissions.

Business Partnering & Issue Resolution

• Act as a business partner to internal stakeholders and business units.
• Handle correspondence and follow up on queries from internal and external parties.
• Resolve operational issues in a timely and effective manner.

Fixed Assets

• Ensure fixed assets are accurately accounted for and appropriately tagged, where required.

Staff Management

• Lead, motivate, and develop the AP team, including outsourced staff, to drive process improvements and efficiencies.
• Conduct performance appraisals and provide coaching, training, and development guidance to team members.

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Wecruit Pte Ltd

EA License No: 20C0270