Job Listing

JOB DESCRIPTION

Job Objective

Managing overall accounting function in the team.  To ensure the GL, AP, AR and Treasury functions are carried out appropriately and in accordance with Sibelco policies.  Oversee tax compliance related matters.

Key Responsibilities and Accountabilities

1.  Treasury

·  Monitor and manage all aspects of company cash flow.

·  Forecast weekly and monthly cash requirements.

·  Ensure payments and transfers are executed timely in accordance with agreed schedule.

·  Monitor forex exposure and recommend hedge as appropriate.

·  Monitor bank performance and address service quality and fees issues.

·  Manage relationship with financial service providers.

·  Manage loans from HQ and recommend appropriate actions for approval prior to execution.

·  Ensure all treasury decisions is appropriately approved.

·  Recommend cash management initiative to optimize efficiencies and implement upon approval.

2.  Accounts Payable

·  To oversee and manage the operation of Accounts Payable including handle supplier issues/problems/queries.

·  Review and checking all invoices for appropriate documentation and approval prior to payment.

·  Prioritize invoices according to business operational needs, cash discount potential (if any) and payment terms.

·  Review payment planning and oversee promptly payment to suppliers.

·  Ensure the accuracy of the expense charging and supplier records.

·  Make recommendations to improve the quality of Accounts Payable function, including internal control and process.

3.  Accounts Receivable

·  Collaborate with Sales Admin to:

o  Ensure timely collection of monies due to the company.

o  Monitor and report on deviations from credit standards.

o  Issue and track legal demand letters sent to long overdue customers.

o  Conduct credit checks on all customer, establish and manage limits.

·  Ensure all receipts are correctly matched and captured in time.

·  Make recommendations to improve the quality of the Accounts Receivable function.

4.  General Ledger

·  Carry out all necessary tasks to ensure timely closing of accounts.

·  Carry out monthly analysis of expenses variances.

·  Review of monthly balance sheet schedules and ensure a clean listing of accruals, prepayment and other balance sheet accounts.

5.  Tax and Audit

·  Review of monthly GST computation for submission to Custom.

·  Review tax computation for annual filing to IRB.

·  Review taxation and audit schedules for submission or onward transmission for further processing.

·  Liaison with tax consultants and external auditors.

·  Health, Safety and Environmental Management

·  Ensure HSE Policies are being adhered to.

6.  Managing People

·  Manage subordinates’ task and responsibility allocation.

·  Guide and coach subordinates to ensure tasks are correctly carried out in a timely manner and be autonomous.

·  Manage performance of subordinates.

·  Collaborate with other teams and departments as required.

7.  Other Tasks

·  Suggest and implement internal control and process improvement in all accounting related areas.

·  Maintenance of master data.

·  Support and assist in budget and strategic planning process.

·  Oversee the company secretarial related matters.

·  To diligently and responsibly carry out other tasks that may be assigned from time to time.

Job Requirements

Education:

Bachelor degree in Accounting and Finance, or any equivalent professional degree.

Skills & Experience:

5-6 years of experience in similar role, preferably in a similar industry/business.  Staff management skill is essential.  Experience in using an ERP system.