About this role

About the job

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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Executive Finance - Accounts Payables