Assistant Manager/Senior Executive, Accounts Payable

Details of the offer

Assistant Manager/Senior Executive, Accounts PayableResponsible for ensuring all accounts payable related transactions are recognised timely, accurately and in accordance with standard operating policies and procedures, in compliance with Control Framework over Financial Reporting, accounting standards and regulatory requirements for effective and efficient accounts payable operations.
Responsibilities:
Accounts Payable Operations
Responsible for the entire accounts payable function, including processing and verifying all accounts payable related transactions and ensuring relevant supporting documents.
Perform reconciliation and monitor General Ledger on a monthly basis.
Ensure all AP transactions comply with the Control Framework Over Financial Reporting & International Financial Reporting Standards.
Responsible for ensuring all inter-company transactions are recorded timely, accurately, and confirmed with the counterparties.
Ensure monthly accruals are completed timely, accurately, and in accordance with Company's policies and procedures.
Ensure payments are made in accordance with agreed payment terms and negotiate with vendors for any exceptional cases.
Attend to queries from vendors/customers/stakeholders/staff claims, resolving disputes and discrepancies.
Responsible for developing and maintaining Accounts Payable policy to standardise operating procedures and align with company policy.
Review and enhance existing AP processes by fully utilising existing systems and resources for better control and efficiency.
Identify current accounts payable issues and drive efficiencies and improvements by collaborating with internal and external stakeholders.
Prepare the Bank Negara report on a quarterly basis.
Participate in accounts payable projects such as contract improvement projects and other related initiatives.
Perform month-end closing activities and generate reports, assisting in updating necessary information into the master database.
Identify process improvement initiatives to enhance efficiency and effectiveness of operations.
Responsible for yearly audits with external auditors, including but not limited to:
Preparing pre-audit work schedules and extending assistance to external auditors.
Assisting in executing auditors' audit plans by providing supporting documents.
Responding to auditors' queries.
Process Improvement
Plan and prioritise key/critical process improvement plans for the company by evaluating the impact.
Develop and review current and future practices on policies, procedures, and process flows in line with Internal Control guidelines and frameworks, improving efficiency/productivity and reducing cost/redundancy.
Act as key liaison with various stakeholders of the organization in assessing, tracking, and reporting the financial and non-financial benefits of the agreed plans and initiatives.
Partner with stakeholders to identify gaps and issues, providing recommendations and solutions to comply with Internal Control guidelines.
Drive and engage stakeholders in developing the Standard Operating Procedure/Blueprint/documentation for retention of knowledge.
Provide management with project status updates, feedback, and appropriate reporting on key responsibilities and objectives.
Requirements:
University degree/professional qualification in Accounting or Finance. Membership with any recognised professional accounting body in Malaysia such as LCCI, ACCA, CIMA, and MIA or equivalent is preferable.
At least 5 years of relevant working experience in a related field.
Experience in Accounts Payable function.
Experience in a shared service center or BPO environment is an added advantage.
Good command of written and spoken English.
Able to converse in Mandarin, Bahasa Malaysia, and other local dialects is an added advantage.
Good knowledge and understanding of accounting principles and procedures.
Good understanding of the overall accounts payable function.
Knowledge in SAP and Esker on Demand systems is an added advantage.
Proficiency in Microsoft Office applications, i.e., Microsoft Excel.
Strong problem-solving skills.
Good interpersonal and communication skills.
Mature, independent, and results-oriented.
Workplace
Job Type:Permanent, Full-time
Working Time:Monday - Thursday 8:15 AM - 5 PM, Friday 8:15 AM - 4 PM
We regret to inform only shortlisted candidates will be notified.#J-18808-Ljbffr


Nominal Salary: To be agreed

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