Senior Accounts Payable Manager
3 weeks ago
About United Overseas Bank
United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories.
Our History and Values
Our history spans more than 80 years, guided by our values – Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success.
Finance and Corporate Services
The Finance and Corporate Services function manages the financial and administrative needs of the Group to help achieve its business goals.
Job Responsibilities
- Assist the AP Team Lead to oversee the running of accounts payable functions, provide guidance to AP team members and help to resolve issues encountered.
- Approval of invoices, journal entries and expense charge-out. Ensure proper authorisation is received for invoice payment and in compliance of established policy and guidelines.
- Handle weekly Payment Run process - perform pre-run checks and release payment for GIRO and TT payments.
- Attend to AP common mailbox and users' queries, including Travel & Expense related.
- IFRS16 Leases – ensure that lease contracts are taken in within expected timeline and send monthly reports to the overseas branches / non-banking subsidiaries.
- Handle monthly & year-end accrual process and ensure proper accounting of expenses during closing.
- Invoice Tracking and Monitoring - sending of escalation reports to BU Heads for long outstanding invoices.
- Review and manage Key Operational Risks and Controls for AP functions.
- AP Data Analytics and Process Improvement - assist in operational review and proposed initiatives to improve AP's efficiency.
Job Requirements
- Degree in Accountancy, Business or Banking & Finance.
- Experience in Accounts Payable functions.
- Able to perform under time pressure to meet payment timeline.
- Good analytical skills, meticulous and well organised.
- Good communication and interpersonal skills.
- Ablility to work independently as well as in a team.
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