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Disbursement Officer

Salary undisclosed

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Summary Responsibilities:

Responsible for the timely disbursements of funds; postings of debits and credits to the system; monitors cash advance movements; and credit control.

Basic Tasks:

I. Disbursement Efficiency, Control, and Management

· Process payment to vendors by monitoring discount opportunities, scheduling and preparing checks, resolving purchase orders, contracts, invoices, or payment discrepancies and documentation

· Process payments for employee’s reimbursement reports,

· Maintain and update accounting ledgers by verifying and posting account transactions

II. Payroll Management

· Prepare salaries and benefits reports on time and ensure that appropriate deductions have been made if any

· Verify pay amounts, hours of work, overtime pay, etc.

· Prepare bi-monthly payslips and facilitate distribution

III. Other Duties

· Prepare monthly accruals and balance sheet accounts (payable related) reconciliation

· Prepare annual tax analysis for external audit

Qualifications:

  • Bachelor's Degree in Finance, Accounting, or Business
  • Has at least an experience of 1-3 years in the same field
  • Knows budgeting and reporting
  • Ability to analyze financial data
  • Familiarity with financial software and spreadsheets