JOB PURPOSE:
To support AP, AR and Treasury function within finance department of MOSPL.
PRINCIPAL ACCOUNTABILITIES:
1. Account Payable/payment
- Process vendors, service providers and subcontractors’ invoices against Purchase Orders/Clients Approval and Delivery documents/Service Reports, and ensure the entire supporting documents are verified by authorised personnel.
- Handling internal and external clarification to resolve discrepancies and problems regarding invoices.
- Prepare payments planning twice a month for verified invoices and scheduling weekly ad-hoc payment for urgent purchases.
- Ensure invoices paid as per payment term.
2. Account Receivable/Receipt
- Prepare invoices with complete supporting documents base on Client system and procedure.
- Manage cash inflow by properly matching the revenue collected from Client to company’s commitment.
- Provide monthly SOA to client and weekly cash report collection.
3. Financial and Management Reporting
- Assist in the preparation of the full set of account and other financial reports.
- Prepare Cost Line-Item report for consolidation.
4. Treasury
- To prepare monthly, quarterly and yearly actual and forecast cash flow reports. Responsible for monthly bank reconciliation and petty cash disbursement.
5. Others
- Liaise with auditor on any supporting documents/queries for internal & external auditor. To assist Finance Manager on compliance to all regulatory requirements related to Corporate Tax, withholding Tax and SST.
- To assist Finance Manager in identifying areas for process improvement within AP/AR function and execute identified initiatives.
KEY CHALLENGES:
- Able to handle vendors and subcontractors to ensure genuine, verified and complete invoices being processed.
- To create balance between internal and externa requirement.
- Basic level of FPSO operational technical knowledge to analyse vendors invoices against claim reports.
STAKEHOLDER MANAGEMENT:
Internal
- MISC group and service unit
External
- Vendors and subcontractors
- Client
- Government/statutory bodies and agencies
COMPETENCIES:
I. Functional
- Accounts Payable & Accounts Receivable
- Accounting system (SAP, IFS)
- Microsoft Office o Ability to multi-task and work well under pressure
II. Leadership
- Strategic Agility
- Inspirational Leadership
- Building Relationship
EXPERIENCE:
- Minimum of 5 years of working experience in accounting/ finance/ management accounting.
- Experience in account maintenance, bookkeeping and financial records.
- SAP Accounting Software
QUALIFICATION:
- Bachelor’s degree in Accounting, Finance or equivalent
