Job Description
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:
Tax Compliance: Tracking and paying sales and use tax on relevant invoices.
Verifying Reports: Verifying expense reports and ensuring they align with company policies.
Maintaining Records: Keeping accurate records of all non- trade financial transactions.
Negotiating Discounts: Negotiating with vendors and service providers to secure discounts and better payment terms.
Reviewing Agreements: Reviewing vendor and service provider agreements to ensure favorable terms.
Tracking Payments: Monitoring outgoing payments, including non- trade expenses such as office supplies, marketing, and travel.
Managing Petty Cash: Overseeing the petty cash fund and ensuring proper documentation of disbursements.
Financial Analysis: Analyzing accounts and preparing reports to provide insights into the company&039;s financial status.
Expected Results:
Financial Insights: Providing valuable insights into cost- saving opportunities and financial performance through detailed analysis.
Process Efficiency: Streamlined processes for handling non- trade accounts payable, leading to quicker turnaround times.
Vendor Satisfaction: Maintaining good relationships with service providers through timely payments and clear communication.
Cost Control: Effective management of non- trade expenses to stay within budgetary limits.
Regulatory Compliance: Ensuring all non- trade financial activities comply with relevant laws and regulations.
Financial Accuracy: Accurate recording and reporting of financial transactions to ensure reliable financial statements.
Job Requirements
Data processing skills: collect from multiple sources, clean, identify anomalies. (Excel is a must)
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
Experience in managing teams and leading financial operations is often required (just for Senior level)
At least 4 years of experience in purchase- to- pay or accounts payable team.
Bachelor degree in accounting, finance, or a related field is essential.
Strong knowledge of accounting principles, practices, and procedures.
Analytical Skills: Ability to analyze financial data and extract meaningful insights for expenses optimization.
Efficiency mindset: find ways to automate tasks, design templates or propose solutions that can be reproducible and transferable with ease
Proficiency in financial software, ERP systems, and advanced Excel skills are typically necessary
Familiarity with the specific industry&039;s revenue streams and financial practices can be crucial
Benefit
Regular training, company team building, birthday bonus
Fast promotion opportunities based on personal ability
Annual bonus: 2- 3 months under minimum KPI requirement
Work in a dynamic, open, creative environment
