Payable Accounting

Accounts Payable:

• Process and reconcile vendor invoices, ensuring accuracy and compliance with company policies & Tax regulation.

• Maintain and update vendor master files, ensuring all information is current and accurate.

• Issue payments to vendors promptly, adhering to agreed-upon payment terms and resolving any discrepancies.

• Conduct regular reconciliations of accounts payable balances and prepare monthly reports for management review.

• Collaborate with internal departments to resolve invoice discrepancies and ensure timely resolution of payment issues.

• Assist in the preparation of financial statements and support the annual audit process by providing necessary documentation related to accounts payable.

Expense Recording:

• Record all expense-related transactions in the general ledger, ensuring accuracy and proper classification.

• Reconcile expense accounts monthly, identifying and resolving any discrepancies or variances.

• Prepare and analyze expense reports, providing insights to support budgeting and financial planning.

Monthly Closing:

• Support the monthly closing process by ensuring all accounts payable transactions are recorded and reconciled accurately.

• Prepare journal entries related to accounts payable and expenses, ensuring timely posting before the month-end deadline.

• Assist in the preparation of financial statements, including balance sheets, income statements, and cash flow statements.

• Collaborate with other accounting and finance team members to ensure a smooth and accurate monthly close process.

Tax Accounting (Focus on Import Duties):

• Prepare and remit payments for import duties, ensuring compliance with applicable regulations and timely remittance to relevant authorities.

• Reconcile import duty accounts monthly, identifying discrepancies and resolving any issues promptly.

• Generate detailed reports on import duties, including payment summaries, reconciliation results, and compliance status.

• Conduct analysis of import duty processes to identify opportunities for cost savings, efficiency improvements, and compliance optimization.

• Work with external auditors and tax consultants to address any import duty-related inquiries or issues.

• Maintain accurate records of all import duty-related documents, ensuring proper documentation for audit purposes.

• Bachelor's degree in Accounting or Finance, ACCA/CPA certification is preferred.

• Strong understanding of accounting principles and practices, including IFRS and Tax knowledge.

• 2 to 5 years of experience in accounting. Experience working in a global or multinational company is a plus.

• Good in MS-Excel, experience with accounting software and ERP systems.

• Good communication/reporting in English

• Integrity and accountability, teamwork spirit, time management skill, multi-task handling.

• Ability to rotate to other accounting functions.