Accounting Associate

Job Summary:
We are seeking a highly organized and detail-oriented Accounting Associate to join our team. The ideal candidate is responsible for ensuring the completeness, validity and accuracy in the recording of all payable transactions to the company’s accounting system, regular monitoring of subsidiary ledgers, generation of reports needed by other departments, maintaining filing systems, reconciliation of accounts, and supporting various accounting functions. This role requires excellent attention to detail, strong organizational skills, and a proactive approach to assisting the accounting and finance team with day-to-day tasks.

Key Responsibilities:

1. Recording and Payment of Payables - Timely and accurate recordings and payments:

a. Check accuracy of accounting entries entered in the accounting system.

b. Ensure recordings are complete to meet month-end and year-end deadline.

c. Ensure completeness of documents attached to support payments

d. 100% prompt payment (within due dates and based on specified processing time)

e. Monitoring of accounts and follow-up of unrecorded/unpaid payables.

f. Zero unauthorized payment

g. Verify nature of penalty and interest charges

2. Reconciliation of Accounts - Reconciled accounts with suppliers

a. Analyze payable accounts every month. Any adjustment promptly done and reflected in the next succeeding payment.

b. Reconcile balances with suppliers. No long outstanding balances of suppliers.

c. Check Statement of Account (SOA) versus supplier ledger book

3. Audit Support:

• Assist in locating and retrieving necessary finance documents during internal and external audits, ensuring timely availability of requested materials.

1. Miscellaneous Accounting Support:

• Provide general assistance to the accounting team, including preparing documents, reports, and other tasks related to accounting functions as needed.

Qualifications:

·        Bachelor’s degree in Accounting or Finance.

·        At least two (2) years of experience in accounts payable or general accounting is preferred.

·        Good knowledge of Microsoft Excel.

·        Strong attention to detail and organizational skills.

·        Excellent analytical skills.

·        Excellent communication and interpersonal skills.

·        Ability to handle confidential information with integrity.