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Location: Kuala Lumpur, MY
Job Summary:
Coordinate and supervise accounts payable accounting and reporting, including the implementation of processes and internal controls to ensure governance over the Accounts Payable function
Job Description:
- Support manager in managing day-to-day operating expenditures against operating budgets to ensure efficient usage of resources;
- Implement accounts payable processes and internal controls to ensure governance over the Accounts Payable function;
- Supervise the recording of all accounts payable and payment transactions to ensure timely and accurate monthly and yearly accounts payable closing. Validate payment reconciliation against invoices/bank records/aging;
- Support the preparation of the monthly accounts payable and payment status reports for accountability purposes. Track payment progress and analyze key expenditures to monitor cash outflows;
- Supervise the maintenance of the database containing vendors' details (payment terms, bank account details, etc.) for payment processing reference. Update payment terms and other agreements with external vendors;
- Coordinate and execute continuous improvement initiatives to streamline existing accounts payable processes and improve efficiencies through better utilization of automated systems;
- Work closely with internal stakeholders in monitoring payment efficiency (e.g. creditors turnover, etc.) and changes in vendors' payment terms;
Job Requirements:
- Degree or professional qualification in Accounting/Finance or a related discipline;
- Minimum 2 to 3 years’ experience in a similar role;
- Demonstrate good working knowledge and understanding of the business and industry;
- Demonstrate a good working knowledge in managing accounts payable and application of local/international accounting standards, principles and practices;
- Proven hands-on experience in SAP accounting applications is an advantage;
- Demonstrate strong attention to detail and basic analytical skills;
- Demonstrate proficiencies in office productivity tools (e.g. Excel, Word and PowerPoint);
- Demonstrate fluency in local language and ideally in English, both written and spoken;
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