Keeping track of all payments and expenditures, including employees payable, invoices, statements etc.,
Handling petty cash, closing daily cash & matching with books.
Preparing reports on monthly fixed expenses.
Consolidate tickets received from various departments for payment requests should be processed with TAT.
Reconciling processed work by verifying entries and comparing system reports to balances.
Paying & verifying expense reports and preparing pay checks accordingly.
Reconcile bank statements on a bi-weekly basis.
Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor enquiries regarding finance.
Preparing analyses of accounts and producing monthly reports.
Make sure no payment to vendor without booking of liability & avoid duplicate of payment.
Continuing to improve the payment process. And keep the vendor ledger up to date.
Practice effective monitoring to ensure payments are made to vendors in a timely manner as per ageing analysis.