Senior Payable Accountant (Non-Trade)

• Manage and oversee non-trade accounts payable and cost, is typically focused on overseeing and controlling expenses that are not directly related to the core business operations or trading activities.
• This includes handling payments for services, operational expenses (such as utilities, rent, marketing, and other overhead costs).

Responsibilities

• Tracking Payments: Monitoring outgoing payments, including non-trade expenses such as office supplies, marketing, and travel.
• Maintaining Records: Keeping accurate records of all non-trade financial transactions.
• Verifying Reports: Verifying expense reports and ensuring they align with company policies.
• Managing Petty Cash: Overseeing the petty cash fund and ensuring proper documentation of disbursements.
• Reviewing Agreements: Reviewing vendor and service provider agreements to ensure favorable terms.
• Negotiating Discounts: Negotiating with vendors and service providers to secure discounts and better payment terms.
• Tax Compliance: Tracking and paying sales and use tax on relevant invoices.
• Financial Analysis: Analyzing accounts and preparing reports to provide insights into the company's financial status.

Expected Results

• Cost Control: Effective management of non-trade expenses to stay within budgetary limits.
• Process Efficiency: Streamlined processes for handling non-trade accounts payable, leading to quicker turnaround times.
• Financial Accuracy: Accurate recording and reporting of financial transactions to ensure reliable financial statements.
• Vendor Satisfaction: Maintaining good relationships with service providers through timely payments and clear communication.
• Regulatory Compliance: Ensuring all non-trade financial activities comply with relevant laws and regulations.
• Financial Insights: Providing valuable insights into cost-saving opportunities and financial performance through detailed analysis.

• Bachelor degree in accounting, finance, or a related field is essential.
• At least 3 years of experience in purchase-to-pay or accounts payable team.
• Strong knowledge of accounting principles, practices, and procedures.
• Familiarity with the specific industry's revenue streams and financial practices can be crucial
• Experience in managing teams and leading financial operations is often required
• Proficiency in financial software, ERP systems, and advanced Excel skills are typically necessary
• Data processing skills: collect from multiple sources, clean, identify anomalies. (Excel is a must)
• Efficiency mindset: find ways to automate tasks, design templates or propose solutions that can be reproducible and transferable with ease
• Analytical Skills: Ability to analyze financial data and extract meaningful insights for expenses optimization.
• Communication Skills: Excellent communication and interpersonal skills are necessary for dealing with internal teams and external suppliers
• Problem-Solving: Identifying and resolving issues that may impact revenue or financial reporting