ALM Specialist

Role & responsibilities

• Review and verify invoices for accuracy, appropriate approvals and adherence to company policies.
• Process payments for due invoices and prioritize urgent invoices, ensuring timely and accurate disbursements.
• Perform detailed reconciliations of accounts payable sub-ledgers with the general ledger.
• Address and resolve payment discrepancies, invoice disputes, or vendor queries efficiently.
• Generate reports on outstanding payables, payment schedules.
• Ensure compliance with company policies, tax regulations, and legal requirements in all accounts payable activities.
• Assist in maintaining records for audits and ensuring proper documentation.
• Assist in month / year-end closing activities related to accounts payable.
• Publish Monthly / weekly Aging and other reports of the zone that is supported.
• Identify and escalate unresolved discrepancies, anomalies, or process bottlenecks to the Team Lead / Manager for further investigation and resolution.
• Follow internal policies, procedures, and accounting controls to ensure compliance with accounting standards and legal regulations, mitigating any potential financial risks.
• Participate in identifying opportunities for process improvement, contributing ideas to streamline operations, enhance efficiency, and reduce manual intervention.
• Actively engage in cross-functional training to build knowledge of the broader business functions, supporting collaboration and gaining insights into the overall customer experience and financial impact.
• Assist in month-end and year-end closing activities related to accounts payable, ensuring that all transactions are recorded in a timely and accurate manner.
• Ensure high-quality data entry and maintain the integrity of financial records, making sure that supplier accounts and transactions reflect the most accurate and current information.

Skills Required

verify invoices for accuracy, Process payments, reconciliations of accounts payable, Generate reports, Ensure compliance