Operation Service Department-Accounts Payable Associate

Introduction

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

This position will monitor and handle payments and invoices for the Bank. Main responsibilities include but not limited to reviewing, verifying, reconciling invoices and reimbursements / payments, processing accounts payable related transactions, maintaining payment records and performing expense analysis to ensure processes performed align with Bank's procedure, policy guidelines, standards, and regulatory requirements.

Responsibilities

Invoice & Reimbursement Payment Management

• Review and verify invoice(s) and reimbursement claim(s) for proper authorization and supporting document(s) before processing.
• Identify expense category and cost centers for invoices and reimbursement claims for processing.
• Maintain transaction records by keeping logs of check register and scanning files onto Laserfiche.
• Verify and process payment of corporate credit card bills.
• Maintain accurate vendor master files and all supporting documentation.
• Prepare tax Form1099-MISC for eligible Third-Party Vendors' tax filing.
• Report and calculate accounts payable of sales and use tax.
• Respond to inquiries from vendors and employees regarding invoices and reimbursement process.

Fixed Assets Control

Payroll

Risk Management / Compliance / Internal Audit

Report

Qualifications

Pay Range

Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $42,000.00 - USD $90,000.00 / Yr.