Overall Purpose of Role
To Ensure efficiency and effectiveness of Finance function ensuring in-time payment of amount due to local vendors
General Objective
The GL, I.O and C.C are properly recorded.
Maintain adequate records in the company's payable system and ensure that the company's obligation to vendors is discharged in line with the agreed contracts.
Principal Duties and Responsibilities
Execution of financial accounting and administrative operations of F&A department.
Manage accounting for fixed assets acquisition, disposal and depreciation calculation policy in line with IFRS following SAP steps.
Review and adjustment of posting to P & L.
Maintenance, posting and running of monthly accruals.
Year-end account reconciliation.
Book vendor invoices (MIRO) in the system for vendor invoices received.
Monitor the aging period for invoices in the system.
Prepare list of invoices due for payments for further review and bank transfer (local vendors).
Process vendor cash payment.
Prepare of transfer files.
Prepare payment advice for invoices settled for onward transmission to the vendor.
Retire all expenses incurred by staffs on behalf of the company and processing re-imbursement (if applicable).
Maintenance of the GR/IR and other vendors related clearing accounts.
Monthly recognition of goods-in-transit in the system.
Reconciliation of suppliers' accounts periodically.
Key Performance Indicators
Close SAP in line with the Group reporting timetable.
Clean audit opinion.
Conclude Annual report in line with agreed timetable.
Accuracy and timeliness of reports as per deadlines.
Requirements
Candidates should possess a relevant qualification with 3 - 5 years experience.
Competencies and Skills Required:
General Accounting knowledge.
Accounting including IFRS and SAP.
Alignment skill.
Finance background.
Administration.
Monthly planning and control cycle, efficient working of Accounts Payable, Receivables, Property Plant & Equipment and General Ledger and ensure compliance with relevant laws and regulations and application of relevant accounting standards.
Analytical background computer skills: MS windows, including intermediate Excel and Word and basic Power point; SAP experience.
Application Closing Date