Title:  Specialist Accounts Payable

Job Summary

Coordinate and supervise accounts payable accounting and reporting, including the implementation of processes and internal controls to ensure governance over the Accounts Payable function

General Responsibilities

• Support superior in managing day-to-day operating expenditures against operating budgets to ensure efficient usage of resources
• Implement accounts payable processes and internal controls to ensure governance over the Accounts Payable function
• Supervise the recording of all accounts payable and payment transactions to ensure timely and accurate monthly and yearly accounts payable closing. Validate payment reconciliation against invoices/bank records/aging
• Support the preparation of the monthly accounts payable and payment status reports for accountability purposes. Track payment progress and analyze key expenditures to monitor cash outflows
• Supervise the maintenance of the database containing vendors' details (payment terms, bank account details, etc.) for payment processing reference. Update payment terms and other agreements with external vendors
• Coordinate and execute continuous improvement initiatives to streamline existing accounts payable processes and improve efficiencies through better utilization of automated systems
• Work closely with internal stakeholders in monitoring payment efficiency (e.g. creditors turnover, etc.) and changes in vendors' payment terms

Functional Skills and Knowledge

• Demonstrate good working knowledge and understanding of the business and industry
• Demonstrate a good working knowledge in managing accounts payable and application of local/international accounting standards, principles and practices
• Proven hands-on experience in SAP accounting applications is an advantage
• Demonstrate strong attention to detail and basic analytical skills
• Demonstrate proficiencies in office productivity tools (e.g. Excel, Word and PowerPoint)
• Demonstrate fluency in local language and ideally in English, both written and spoken

Education

Diploma or basic certification in Accounting/Finance or a related discipline (preferred)

#LI-JI1

Why It’s Great to Work at DKSH