Accounts Payable Specialist

Nestle
Full time Full day
Lahore
Position Snapshot

Location: Head Office

Job Type: Full-time

Qualification: Degree in Business, Finance and/or Accounting.

Experience: 4-5 years Accounting experience (preferably dealing with banks)

A day in the life of...
  • Analysis of aged Vendor Advances and agreement with P2P for early resolution. Effective & accurate reporting of IG Payables and Receivable
  • Reconciliations and confirmations of balances for vendors (Intra-Group), follow up on the related issues to ensure accuracy and completeness
  • Apply appropriate Internal Control measures in AP processes by implementing the Standard Routines.
  • Ensure Foreign Payment clearing in Vendor Ledger in consultation with P2P (Imports). Ensure Compliance of State Bank of Pakistan’s rule for Foreign Payments other than Imports.
  • Arrange to upload the Income tax data on the tax portal which is shared by NBS Manila on Shared Drive.
  • Arrange to upload the sales tax data which is received from local taxation dept.
  • Generate withholding tax certificates for local and foreign parties and resolving tax issues and queries.
  • Batch uploading for the employees, tax and funds related payments on Bank portal and follow up with the bank teams for payment execution.
  • Forwarding the RTGS letters and call back confirmation for the Agri services payment and AP payments (Tax related or RTGS).
  • Clearing of IG AR inward clearing and submission of the FORM R to bank for Inward remittance.



What will make you successful

  • Experience in team collaboration and working as part of a team.

  • Degree in Business, Finance and/or Accounting.

  • Proficiency in English and local language

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