FILINVEST COMPANY: FILINVEST BUSINESS SERVICES CORP
Key Functions / Duties and Responsibilities
Accounts Payable (Disbursements): Receive and validate RFP and RFCA to ensure completeness of the documents.
Ensure proper charging, validate documentation within standard rates, and ensure that all taxes are properly recorded.
Prepare a vendor ledger to tally accomplishments with their corresponding billing and to monitor billing progress (if applicable).
Prepare the necessary journal vouchers, debit notes, allocate cash, and bill charges.
Prepare payment entries along with Form 2307.
Prepare adjusting entries for payment cancellations, telegraphic adjustments, and other necessary adjustments, including floating transactions in the system.
Implement monitoring systems to track all processed payments.