Support superior in managing day-to-day operating expenditures against operating budgets to ensure efficient usage of resources
Support the implementation of accounts payable processes and internal controls to ensure governance over the Accounts Payable function.
Record all accounts payable and payment transactions to ensure timely and accurate monthly and yearly accounts payable closing. Prepare creditors aging and reconcile payments against invoices/bank records/aging
Validate payment reconciliation against invoices/bank records/aging
Gather and compile information needed for the preparation of the monthly accounts payable and payment status reports
Assist to track payment progress and analyse key expenditures to monitor cash outflows
Maintain database containing vendors details (payment terms, bank account details, etc.) for payment processing reference. Update payment terms and other agreements with external vendors
Support continuous improvement initiatives that streamline existing accounts payable processes and improve efficiencies through a better utilization of automated systems
Respond to basic queries and information requests from internal stakeholders on creditors outstanding balances, payment status, payment terms, etc.
Work closely with internal stakeholder in monitoring payment efficiency (e.g. creditors turnover, etc.) and changes in vendors payment terms
Assisting Finance manager with monthly closing , passing of necessary Journals , assisting in finalisation of Audit and monthly closing etc.
Job Requirements
Knowledge, Skills & Abilities:
Demonstrate basic knowledge and understanding of the business and industry
Demonstrate a basic knowledge in managing accounts payable and application of local/international accounting standards, principles and practices
Demonstrate strong attention to detail and basic analytical skills
Demonstrate fluency in English, Bahasa Malaysia, and Mandarin, ideally both written and spoken
Demonstrate fluency in local language and ideally in English, both written and spoken
Ability to work with diverse cultures and multiple levels
Good communication and influencing skills with diplomacy in communicating intended messages in a manner that is respectful and positively received
Strong customer and service orientation
Strong interpersonal skills
Minimum Experience
At least 2 years working experience in a similar role, preferably retail or field marketing environment
Proven hands-on experience in SAGE accounting applications is an advantage
