We are seeking a detail-oriented and proactive Senior Finance Executive to execute and guide our AP function and ensure the smooth execution of all payable processes. This role is critical in maintaining financial accuracy, strengthening vendor relationships, and supporting overall cash flow management.
This position will be based in Kuala Lumpur.
Key Responsibilities
Accounts Payable Operations
- Lead and oversee end-to-end Accounts Payable (AP) processes, including invoice processing and vendor payment approvals
- Review and verify all approved invoices to ensure accurate recording in the accounting system
- Ensure all supporting documentation submitted to Headquarters is complete, accurate, and timely
- Monitor invoice receipt and ensure prompt processing
Payment & Cash Flow Management
- Manage and monitor supplier payment schedules and payment proposal lists
- Provide payment proposal reports to support cash flow forecasting
- Review AP ageing and develop accurate payment forecasts
Reconciliation & Reporting
- Review monthly reconciliations between vendor Statements of Account (SOA) and internal records
- Oversee preparation and review of monthly, quarterly, yearly, and ad-hoc AP reports
- Ensure all AP-related schedules, entries, and reports are properly maintained
Intercompany & Compliance
- Review intercompany balances and transactions to ensure accuracy and proper reconciliation
- Ensure compliance with accounting standards and internal policies across all AP processes
Stakeholder Management
- Collaborate closely with Finance Managers, General Ledger (GL), Procurement, Operations, and Group functions
- Keep Project Finance Manager informed on leasing, third-party invoices, and Purchase Orders
- Address and resolve AP-related issues and escalations promptly
Leadership & Team Management
- Lead, coach, and supervise AP Executives and Assistants
- Drive continuous improvement and efficiency within the AP function
Requirements
- Bachelor's Degree in Accounting, Finance, or related field. ACCA certification will be an added advantage.
- Minimum 6 years of experience in Accounts Payable or Finance. Prior experience in oil & gas will be an added advantage.
- Strong knowledge of AP processes, reconciliations, and financial reporting
- Experience with ERP/accounting systems
- Experience in dealing with middle to senior Management
