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Accounts Payable

November 01, 2016

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Vincent Christian L. Lumauag

Blk ** Lot ** The Legian 2B Carsadang Bago

Imus, Cavite City, Philippines

Contact # +639*********

Email add:

Highlights of Professional Experience

Managing End to End activities in Accounts payables which include Vendor Master Maintenance, Query resolution, invoice processing, Vendor reconciliation and Sending Block reports to the site.

Vast (4years) supervisory experience in high volume, shared service accounts payable environment.

Support the Accounts Payable processes in the areas of improvements, testing, deployment, process updates and sustain support.

Implement and maintain systems, procedures and policies for the Accounts Payable accounting function.

Lead training and skills development initiatives by defining training needs, developing training methods.

Managed, mentored and developed staff. Provide support and guidance to optimize performance ensuring timely completion of the accounts payable activities.

6 years in Accounting, Finance or Procurement Management role focused on invoice to pay processes with a strong background in Finance and SAP Material Management (MM) as well as invoice processes and best practices

Areas of Expertise

Profound knowledge of accounts payable processing and system implementation.

Solid understanding of developing and implementing process improvements.

Profound knowledge of reviewing and processing payments.

Proficient in SAP, OPEN TEXT VIM, SAP HANA, Readsoft Application, Iview and Microsoft Office (Word, Excel, PowerPoint, Outlook).

Immense ability to adapt to changing circumstances and lead change.

Meticulous with strong analytical, critical thinking, attention to detail, decision making and problem solving skills.

Hands-on leadership style, strong organization, time management, prioritization skills.

Professional Experience

FMC Chemical International AG

Net Lima Building, BGC Taguig City 1634

Position: Senior Accounts Payable Analyst

February 2015 – Present

Job Responsibilities

Handled daily A/P processes; managed vendor/supplier relations; and oversaw the timely, accurate processing of invoices, purchase orders, expense reports, credit memos and payment transactions. Maintained adherence to corporate, accounting and standards; addressed escalated issues from business counterparts and vendors regarding accounts payable; and ensured accurate and compliant A/P files and records in accordance with company policies and government regulations.

Prioritizing the Day to day activities/ Working with Processing Team (Accounts Payable and Procurement) and providing them support for helping with improvement area and process stabilization/Working with Management Team for Projects implementation and improve the SLA/KPI results.

Main point of contact for any Process related query /improvement project or standardization process.

Identify current and potential risks, analyzing them, creating mitigation plans and presenting them to the management for implementation.

Ensuring stabilization processes across locations of EMEA region.

Connecting with business and stakeholders, providing those training materials and continuous support, finding the best solution for their queries.

Review and audit Non PO invoices for compliance: validate, verify, and obtain approvals for invoices with no Purchase Orders.

Interact with financial service team to jointly work on solving repeated process deficiencies.

Ensuring constant accuracy and meeting time limits and deadlines.

GRIR Account Maintenance – (Goods receipt/invoice receipt) accounts reconciliation.

Freight invoices reconciliation and payment processing.

Responsible for reviewing the invoices that have been put on hold previously. Check all updated documentation and resolve invoices to be released out of Hold –status.

Co-ordinates & executes payment runs. Records & releases payments after validating the aging and the invoices to be paid out after due approvals.

Run report for Due Dates Analysis for Open Items.

Transition the FMC Ireland accounts payable in Cork, Ireland.

Transition the Cheminova Company accounts payable in Ronland Denmark.

Verified accuracy of A/P batch output to ensure correct vendor coding which resulted in 60% reduction in vendor reclassification.

Identified new cost-effective vendors during acquisitions' process and managed their integration which resulted in 15% cost saving.

Improved A/P approval process reducing late fees from 40% to 10%.

Monitored accounts with 300+ vendors. Responded to vendor payment inquiries.

Worked directly with senior management and auditors.

Implemented a digital approval process that increased productivity by 30%

Acted as point of contact for all EMEA Region AP personnel for operations and procedural questions.

Worked as an integral part of a team that implemented new procedures to reduce costs.

Conducted research and compile data for report preparation resolving any discrepancies with data.

Trained new hires and made sure their "on boarding" process ran smoothly.

Enjoys positive working relationships with suppliers & subcontractors; recently recognized by supplier for commitment and follow-through to resolve payment issues.

Collaborate efforts with purchasing and invoicing departments to resolve price discrepancies and items billed.

Cut 2% costs in shipping with institution of new freight rules

Assist with other projects as needed

AIG Shared Services

Paragon Corporate Center, Industry Drive Madrigal Business Park

Ayala Alabang, Muntinlupa City, Philippines 1780

Position: Operation Processing Supervisor – Accounts Payable

October 2010 – February 2015

Job Responsibilities

Manage all aspects of processing and reconciling operational and subsidiary payable activity.

Manage team resources for completion of assigned tasks, communicate ideas in forums through discussions and presentations, analyze functional area processes and work flows.

Monitoring the team performance and allocation of work to be done based on individual performance.

Leading the invoice Processing & query management team.

Assisting/guiding members to enhance their performance by working on their domain knowledge and enhance their interpersonal & Communication attributes.

Preparing Dash boards for Service Committee Calls.

Create a strong relationship with the clients by executing our analytical skills and improving the process.

P2P process monitor. Issue monthly country report containing all process issues found within the previous month (outstanding purchase orders, delayed payments, compliance issues).

Provide strong leadership and direct day to day workflow for Accounts payable staff members by increasing skill sets, maximizing productivity to optimum levels and ensuring payments are made in accordance with business terms.

Establish, update and enforce all policy, procedures and controls for payment processing.

Ensure proper approvals, timely payments and accuracy and integrity of all invoices posted submitted with payment requests by business.

Lead and implement all Accounts payable related system upgrades where applicable.

Timely processing, monitoring workflows, and payment of accounts payable invoices.

Maintain cash requirements schedules, and accounts payable aging analysis.

Reconcile outstanding vendor statements, research and resolve issues with vendors.

Provide answers to all internal and external payment inquiries in a timely manner.

Assist with and perform month/year end closing, reporting, and analysis across multiple legal entities.

Perform reconciliations, balancing, and provide commentary on movements of accounts payable.

Develop and assist with departmental, and accounts payable process improvements.

Ad-hoc other duties as required and necessary to support the business.

Maintain excellent working relationship with external supplier.

Ensure the Accounts Payable teams are replying to all queries in a timely manner and all queries are dealt with correctly and efficiently.

Performance management of staff and monthly appraisals.

Regular reporting and analysis to key senior managers in the business.

Ericsson Telecommunications

5/F One world Square Building, One McKinley Hill, Taguig City, Philippines

Position: Accounts payable invoice administrator

January 2009 to August 2010

Job responsibilities

Handle and follow-up supplier invoices from invoice registration to ready for payment of third parties and intercompany vendors

Handled supplier invoice according to process.

Process Manual request that must be paid immediately (rush request).

Strive for accuracy and quality throughout the invoice registration and payment processes.

Follow up on blocked and parked invoices and pending goods receipt/ Invoice receipts (GR/IR)

Take initiative for escalating issues to the relevant instances and demanding improvements of relevant tools, routines and processes in order to work most efficiently.

Recon of invoices processed, unprocessed and rejected/deleted.

Vendor Recon of invoices in Sellers and Buyers SOA, and making sure that all invoices will be booked and must have a copy.

Handling Mailbox and coordinate with countries contact person for queries, issue and follow-ups problematic invoices via email and phone.

Analyzing blocked invoices for payments and giving possible resolutions.

Monitor daily activity checklist and making sure it’s done or accomplish for the day.

Exposure to SOX controls.

Affiliated computer services of the Philippines (ACS)

Xerox Company

One E-com center Mall of Asia complex, Pasay City

Position: Accounting payable associate

April 2008 to December 2008

Job responsibilities

Processed invoices to Oracle

Process 3 way P.O. matching invoices, up to 100 plus line items.

Respond to all vendor inquiries

Reconcile vendor statements, research and correct discrepancies

Assist with other projects as needed

Prepare and verify daily reports

And other task to be assigned by time to time.

Spi Global Solution

Paranaque City

Position: Accounting staff

August 2006 to April 2008

Job responsibilities

Process Accounts Payable paperwork at completion of the check run.

Prepare mailings and priority shipments for the Finance/Accounting Department.

Prepare labels and maintain files as needed within the department.

Other various accounting projects as needed.

Compile monthly reports

Review all invoices for appropriate documentation and approval prior to payment.

Respond to all vendor inquiries.

Reconcile vendor statements, research and correct discrepancies.

Prioritize invoices according to cash discount potential and payment terms.

Prepares daily bank deposit.

Organizes and maintains up to date financial records.

Prepare and maintain various reports

Interact with customers to resolve outstanding issues

Perform other general office duties as needed.


Power Communication Speak and Write

Presentation Workshop

Reaching for Stellar Service

Foundation Presentation Skills

Leadership Workshop

Situational Leadership Workshop

Managing Performance Problem

Education Attainment

College: Binalabagan Catholic College

Address: Binalbagan Negros Occidental

Course: Bachelor of Science Major in Management and Accounting

Year graduated: 2001 – 2005

Personal Information

Nickname: Vince

Birthday: January 13, 1985

Age: 31

Religion: Roman Catholic

Height: 5’ 11” and Weight: 70 kg.

Contact this candidate