Disbursement Officer
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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