WE ARE HIRING: Executive – Finance (Accounts Payable)

Location: Colombo, Sri Lanka
Employment Type: Full-Time
Work Arrangement: Onsite
Industry: Apparel Manufacturing

About the Role

Our client is seeking a detail-oriented and proactive Executive – Finance (Accounts Payable) to support accounts payable operations, vendor management, payment processing, reconciliations, and financial compliance activities.

The successful candidate will play a key role in ensuring timely processing of supplier invoices, maintaining strong vendor relationships, supporting month-end reporting, and ensuring compliance with internal controls and accounting policies.

Key Responsibilities

Accounts Payable Operations

• Verify, review, and process supplier invoices in accordance with company policies and procedures.
• Perform invoice validation through three-way matching of invoices, purchase orders, and goods received notes.
• Ensure all invoices follow the required approval workflow before processing.
• Record journal entries accurately within the accounting system.
• Maintain accurate and up-to-date accounts payable records.

Payment Management

• Prepare payment schedules including Letters of Credit (LC), Telegraphic Transfers (TT), bank transfers, and online payments.
• Ensure timely payments to suppliers to maintain strong vendor relationships.
• Process advance payments and monitor subsequent settlements.
• Coordinate with banks on payment-related matters and transactions.

Vendor Management

• Maintain and update vendor master data accurately.
• Perform supplier statement reconciliations and resolve discrepancies promptly.
• Respond to supplier queries and payment-related concerns in a timely manner.
• Build and maintain positive supplier relationships.

Reconciliation & Reporting

• Perform monthly accounts payable reconciliations.
• Assist with month-end and year-end financial closing activities.
• Prepare accounts payable ageing reports.
• Support cash flow forecasting activities through accurate reporting.
• Assist internal and external auditors by providing required documentation and reconciliations.

Compliance & Financial Controls

• Ensure compliance with company policies, procedures, and internal controls.
• Support tax compliance activities, including withholding tax and VAT-related requirements where applicable.
• Maintain proper filing and documentation for audit and compliance purposes.
• Assist in strengthening finance processes and control mechanisms.

Requirements

• Bachelor's Degree in Accounting, Finance, or a related discipline.
• Part qualification in CA Sri Lanka, CIMA, or ACCA will be an added advantage.
• Minimum 2–3 years of experience in a similar finance or accounts payable role.
• Strong understanding of accounts payable processes and accounting principles.
• Strong proficiency in Microsoft Excel and financial data analysis.
• Experience working with accounting systems and ERP platforms.
• Ability to work under pressure and meet strict deadlines.
• Strong analytical and problem-solving capabilities.
• Excellent communication and interpersonal skills.
• High attention to detail and accuracy.

Ready to take your career to new heights?

We're InTalent Asia, your go-to recruitment partner in Sri Lanka, and we've got an exciting opportunity for you!

Our client is looking for a skilled individual to fill the role of Executive – Finance (Accounts Payable).

Apply now and see how you can be the perfect fit for this exclusive position!

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