Accounts Payable Specialist

3 months ago


Petaling Jaya, Malaysia MCC SHARED SERVICE CENTRE SDN BHD Full time

Job Highlights: 1) Hybrid Work Environment 2) Free Parking 3) Conducive Working Environment Job Description: AP Master Data 1) Periodically review vendor and bank master data to ensure records are accurate and up-to-date. 2) Discuss payment terms for new and existing vendors with local business unit Controllers. 3) Ensure approval obtained for any deviation from standard payment terms. 4) Review vendor activity and update inactive vendors. Invoice Processing & GRIR Maintenance 1) Ensure accuracy and timely processing of vendor invoice for PO and non-PO items. Review and standardize account coding of expenses. 2) Coordinate with team lead and local business unit Controllers to reduce the occurrence of non-PO invoices. 3) Ensure GRIR clearing accounts are maintained up-to-date and identify action plans for any long outstanding items. Payment 1) Ensure all non-PO invoices are authorized before payment. 2) Attain detailed understanding of payment methods and country-specific requirements in integrated (host-to-host) or non-integrated payment portals. 3) Ensure payment cycle runs are in compliance with Company and local regulatory requirements. 4) Streamline payment run cycles and coordinate payment requests by local business units. 5) Coordinate with team lead and local business unit Controllers to reduce number of ad-hoc payment requests and other payment matters. 6) Propose authorization controls for payment run approvals in payment portal. Intercompany Reconciliation 1) Work closely with Company Corporate Accounting on month-end intercompany balance reconciliation and transactions. 2) Work with local business units to ensure compliance with Company policy on intercompany invoice recognition and payment. Job Requirements: 1) Accounting degree or equivalent 2) Ability to work EMEA shift, especially month-end 3) Shared services experience is preferred
A true global label solution provider, Multi-Color Corporation is one of the largest label companies in the world in the following market segments: Beverage, Wine & Spirits, Food & Dairy, Personal Care & Beauty, Home Care & Laundry, Healthcare, Durables & Technical and Automotive & Chemicals. With over 13,000 dedicated employees, we operate over 100 label producing operations in 26 countries today. Established in 1916 and headquartered near Cincinnati, Ohio, USA, Multi-Color Corporation has grown to become one of the world’s largest and most awarded label printers today supporting the world’s most prominent brands. In 2016, Multi-Color celebrated its 100th year in business Today, Multi-Color services our primary market segments around the world through operations in the North American, Latin American, EMEA (Europe, Middle East and Africa) and Asia Pacific regions. The Shared Service Centre (SSC) based in Mutiara Damansara, Petaling Jaya, Malaysia was established in April 2018 as part of Multi-Color's finance rationalization strategy. We provide accounting and operations support services to operations based in various regions including Asia-Pacific, Europe, Africa and the Americas. The SSC continues to expand our scope of service offerings every year, we seek talented and capable Malaysians to join us to deliver quality value-added services to support the vision and organizational growth of Multi-Color Corporation globally.
Diploma / Advanced Diploma / Higher Graduate Diploma / DVM / DKM Level 4 / DLKM Level 5



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