Assistant Vice President, Payment, Financial
5 months ago
Job Responsibilities
- Managing Account Payable, Account Receivable, Fixed Assets, staff claims, overhead provision and prepayment as well as withholding tax.
- Maintains processes, procedures and policies for account payable functions and responsibilities as per Bank guidelines.
- Provides accounting assistance to operations staff - responds to financial questions/ concerns to meet business needs.
- Ensure all payments to suppliers and internal staff are paid promptly and accurately.
- Authorize signatory to the MBSB Payment Account.
- To supervise and coach staff.
- To ensure the team is replying to all queries in a timely manner and all queries are dealt with correctly and efficiently.
- To ensure asset WIP are capitalised upon completion.
- To involve in FMS project meeting.
- To address issues highlighted during the audit and to rectify any non-compliance or enhancement required.
- Ensure all the expenditures are reflected with the correct accounting entries and cost centre.
- To undertake any other duties assigned by Head of Department.
Job Requirements
- Bachelor’s Degree in any of this discipline either in Business Administration, Accounting, Finance, or any related fields with 5-10 years of experience in a similar capacity. Experience in GL system and AP system is an added advantage. OR
- With more than 10-15 years of multiple Banking and experiences in financial industry with various discipline of banking processes and procedures. Understand the business nature and practicality of process flows, its policy and procedures.
- **Possess** strong knowledge and understanding in Account Payable systems well as business requirements and practices.
- **Applicable** practices in GL accounting policy and procedure, governance, compliance and standards in the financial and banking industry.
- **Excellent** verbal and written communication skills, strong analytical and problem-solving abilities.
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