Executive, Accounts Payable
We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Job Summary:
This position will be responsible for supporting day-to-day finance operations with a focus on intercompany accounts payable invoice handling, collection receipt processing, and cash flow monitoring. The role plays a critical part in ensuring timely and accurate transaction postings, maintaining intercompany relationship, and support liquidity planning and reporting activities.
Key Roles & Responsibilities:
Account Payable Invoices Processing- Review and process invoices with proper coding and documentation
- Resolve invoice exceptions by coordinating with procurement and requesters
- Ensure invoice compliance with company policy and tax regulatory requirements
- Support invoice approval workflow and ensure timely submission for payment
- Record and apply incoming intercompany payments accurately in the accounting system
- Match receipts against invoices and resolve any discrepancies with LBU
- Monitor and follow up on remittance advice or unidentified payments
- Prepare and send regular intercompany Statement of Accounts (SOA), and follow up on outstanding balances
- Coordinate with internal stakeholders to address disputes and unallocated receipts
- Track daily cash inflow transactions across bank accounts and report receivable balances
- Assist in weekly and monthly cash flow forecast and payment schedule
- Assist in identifying and analyzing cash inflow/outflow trends and variances.
- Support the preparation of other applicable financial reports as and when required by the Management
- Support the collaboration with internal and external auditors to facilitate the audit review of the company
- Assist the financial month-end closing, related to intercompany account payable and collection.
- Support on any ad-hoc and administrative tasks as and when required by the Management.
Minimum Job Requirement Qualification:
- Bachelor’s Degree or diploma in finance, accounting, or a related field
- Internationally recognized accounting qualification (ACCA, CPA, ICAEW, etc.) or working towards designation will be an added advantage.
Relevant Experience:
- 1-3 years of relevant working experience in Finance Operations and Account Receivable. Fresh graduate is acceptable.
Other Requirements:
- Good interpersonal and communication skills
- Independent, organized and possess good work ethics with a positive attitude
- Able to meet deadlines and manage high volume of transactions /Flexible and able to adapt in a dynamic environment
- Attention to details, meticulous and diligent
- Responsible and willing to learn
Special Business Knowledge and Skills:
- Proficient in Microsoft Excel
- Experience in ERP system such as Oracle and Coupa is preferred
- Awareness of accounting period close and reconciliation processes
- Prior experience in a shared service is a plus
We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.