Accounts Payable Assistant Manager

5 months ago


Petaling Jaya, Malaysia Multi-Color Corporation Full time

**Build your Career with an Industry Leader** **at our Shared Services Centre in Malaysia.**

**_ As a global leader in premium label solutions, our purpose is to deliver the world's best label solutions that help our customers build their brands, while adding value to our employees, our shareholders, and the communities in which we operate._**

**_ If you share our vision and believe that you could contribute to the success of our company, we look forward to hearing from you_**

**Job Highlights**:

- Great place to learn and work
- Flexible + Hybrid work culture

**Overview**:
Accounts Payable Assistant Manager is responsible for overseeing the organization's Accounts Payable processes. Their primary role and responsibilities include managing the payment of bills and invoices, ensuring accuracy and timeliness in processing payments. He/ She supervises a team, handle financial reporting related to accounts payable, and implement and improve policies and procedures to optimize the accounts payable workflow. The role requires a strong understanding of accounting principles, attention to detail, and effective communication skills to collaborate with internal and external teams.

**Role and Responsibilities***:
**Team Management **(Including People Management, Training and KPI)
- Supervise and lead a team of accounting professionals in the function.
- Assist Team Manager on team strategic planning and resources planning.
- Provide training, guidance, and support to team members.
- Work with relevant department to identify and define key performance indicators (KPI) that aligned with the Company’s goals and objectives.
- Regular updates/ reporting to Team Manager on the work progress in the function.

**Project Coordination / Implementation**
- Act as a project coordinator to drive process improvement projects/ collaborate with cross functions to ensure smooth implementation of projects.
- Involve in project planning, execution, and evaluation to ensure that projects are aligned with Company’s best practices and standards.

**Problem Resolution**
- Address and resolve issues related to discrepancies, errors, or other accounting-related challenges.
- Act as key contact person for the supported regions, for issue resolution and escalation.
- Provide guidance to team members on complex issues, problem solving and decision making.

**Process Improvement**
- Identify opportunities for process improvements to enhance efficiency and productivity.
- Focus on continuous process improvement and identify standardization opportunities.
- Ensure process improvements are executed within planned timeline and budget.

**Compliance and Internal Controls**
- Ensure full adherence to Company’s accounting policies, processes, procedures, authorization levels, and SOX controls.
- Ensure full adherence to document retention as per the requirement by regulatory authorities in the specific country of operations/ business units.
- Develop and implement internal controls to safeguard Company’s assets and ensure compliance with financial regulations.
- Monitor and evaluate the effectiveness of existing internal controls.
- Stay updated on accounting standards, regulations, and compliance requirements to ensure the Company's financial practices align with industry standards and legal obligations.

**Service Level and Team Collaboration**
- Promote a strong service ethos to support delivery to agreed Service Level Agreements.
- Act as the focal point to ensure effective communication and resolution of operational related issues and decisions.
- Build long-term relationships with Company’s internal stakeholders and leadership team.
- Work closely with other operation functions to ensure seamless coordination of financial activities.

**Requirements**:

- Minimum 7 - 10 years working experience in Accounts Payable, with minimum of 3 years of experience in managing a team.
- Strong AP knowledge with in-depth knowledge of legal/regulatory requirements.
- Degree in Accounting/Finance or equivalent with professional qualifications (ACCA/CPA/MIA).
- Fluent in both spoken and written English.
- Independent, strong interpersonal and communication skills.
- Able to multi-task, pay attention to details, good at stress management.

**_ Only applicants who can legally live and work in Malaysia will be considered._


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