Assistant Manager - AP & Financial Accounting

Responsibilities

Oversee Accounts Payable, month-end closing, vendor governance, PO management, expense provisioning, management reporting, audit support, and process improvements while ensuring policy and statutory compliance.

Key Responsibilities

1. Financial Closing & Reporting

· Support monthly, quarterly, and annual financial closing.

· Ensure sanitization and accuracy of GL balances (AP, OP, OR).

· Review accruals, provisions, and prepaid schedules, and ensure accurate provisioning of expenses.

· Perform MIS reporting and analysis, including monitoring of SG&A expenses split by Phase 1 and Phase 2, variance analysis, and management reporting support.

· Drive predictability of quarterly expenses against budget through timely reviews, forecasting, and financial controls.

2. Accounts Payable Operations

· Review and oversee the timely and accurate processing of PO and non-PO invoices.

· Monitor invoice ageing and drive timely resolution of outstanding items.

· Manage vendor enquiries and escalations.

3. Vendor & Advance Management

· Monitor supplier advances and ensure timely liquidation and appropriate controls.

· Review AP ageing and provide regular analysis to management.

· Drive closure of long-outstanding vendor balances.

4. Open PO & Working Capital Governance

· Monitor ageing purchase orders and coordinate closure activities with SCM and business users.

· Review GRIR balances and ensure timely resolution.

· Support DPO and working capital optimisation initiatives.

5. Audit, Tax & Compliance

· Support internal audit, statutory audit, tax filings and corporate audit activities.

· Ensure compliance with company policies and statutory requirements.

6. Team Leadership

· Lead, develop AP team members and provide coaching and technical guidance.

· Review team output and ensure service-level targets are met.

7. Process Improvement & Digital Transformation

· Lead AP automation initiatives.

· Identify opportunities to improve efficiency, controls, and reporting.

8. Perform any other duties and responsibilities as assigned by Management from time to time.

Requirements

· Degree in Accounting, Finance, or a related field.

· Professional qualification such as ACCA, CPA, ICAEW, CIMA, or equivalent is preferred.

· Five to eight years of finance or accounting experience, including at least two years in a supervisory role.

· Hands-on experience in Month-end financial closing and Accounts Payable

· SAP experience is required; SAP S/4HANA exposure is an advantage.

· Strong accounting knowledge and AP process management.

· Financial reporting, expense analysis, budgeting, and forecasting

· Audit, compliance, stakeholder management, and people leadership.

· Advanced Microsoft Excel skills and a process improvement mindset.