Account Payable (12 Months Contract)

LUXASIA is the leading and largest beauty omnichannel brand-builder of Asia Pacific. Since 1986, it has successfully enabled market entry and brand growth for more than 100 luxury beauty brands, the likes of Albion, Aveda, Bvlgari, Calvin Klein, Creed, Diptyque, Hermes, La Prairie, Maison Francis Kurkdjian, Montblanc, Rabanne, Ferragamo, and SK-II. LUXASIA has established Joint Ventures with the likes of LVMH Group, Revlon (for Elizabeth Arden), Puig, Shiseido, and Orveon (for Laura Mercier). The Group's integrated brand-building capabilities include luxury retail, online commerce, consumer marketing & analytics, and supply chain management. LUXASIA is powered by a diverse and dynamic #OneTeam of 2700 talents across a growing footprint of 15 markets.Why Join UsAt LUXASIA, we believe there is beauty within every talent – that is you. We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you autonomy but not without guidance and genuine care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling. With LUXASIA, an exciting career filled with robust professional growth awaits you. Isn’t that beautiful? Job SummaryThe Accounts Payable Specialist will be responsible for managing daily AP functions, ensuring timely and accurate processing. The role involves in invoices, claims processing, payment processing, reports and reconciliation, and other ad hoc requests related to accounts payable. This role will be working closely within internal team and country finance to resolve discrepancies. Key Responsibilities:Invoice processing:· Validate vendor invoice· Ensure proper recognition of expenses i.e. in accordance to IFRS· Provide clear description on nature of expenditureE-claim processing:· Ensure all supporting documents / receipts are in order, compliance to company policy· Validate claim amount against receiptsBatch payment processing:· Prepare batch payment proposal to local finance for their review· Local finance to revert to P2P on the final list of payment to be paid· Execute host-to-host payment (Run interfacing file in SAP to banking portal)· Seek payment authorization from respective approvers (Based on approval matrix)Urgent / Advance payment processing (upon ad-hoc request):· Execute payment through electronic banking via manual payment upload· Perform payment clearing in SAP· Seek payment authorization from respective approvers (Based on approval matrix)Reports and reconciliations:· Generate accounts payable ageing report· Generate Goods Receipt (GR) / Invoice Receipt (IR) report· Prepare vendor reconciliationsOperations:· Support all the closing activities in SAP· Respond and engage to all queries from all stakeholdersContinuous Improvement Process· Identify and articulate improvement areas across processes· Involve in process implementation, automation and standardization of P2P activities· Standard Operation Procedure (SOP), Desktop Procedure (DTP) documentation preparationsOthers:· To actively resolve bottlenecks (in close cooperation with the local finance)· Create first alert to relevant parties (copy local finance) and to follow up issues until resolved· Knowledge sharing with team member· Download invoice from vendor service portalRequirementsEducation:· A degree in Finance, Accounting, Business Studies, or a related field is required. Work Experience:· A minimum of 1-3 years of experience in Accounts Payable or other accounting functions.· Experience working in a SAP system or other major ERP environments is preferred.· Prior experience in AP functions is an advantage. Technical Knowledge:· Proficiency in English, both written and verbal.· Knowledge and experience of MS office tools. Additional Skills:· Able to work under pressure, meet tight deadlines and work as a team player.· Has initiative, possess a good attitude, interpersonal communication skills, detailed, results-oriented, problem-solving skills, and performance driven.· Applicants must be willing to work in Q Sentral. Key Results/Measures:· Time management.· Accuracy in tasks.· Completeness of deliverables.

LUXASIA is the leading and largest beauty omnichannel brand-builder of Asia Pacific. Since 1986, it has successfully enabled market entry and brand growth for more than 100 luxury beauty brands, the likes of Albion, Aveda, Bvlgari, Calvin Klein, Creed, Diptyque, Hermes, La Prairie, Maison Francis Kurkdjian, Montblanc, Rabanne, Ferragamo, and SK-II. LUXASIA has established Joint Ventures with the likes of LVMH Group, Revlon (for Elizabeth Arden), Puig, Shiseido, and Orveon (for Laura Mercier). The Group's integrated brand-building capabilities include luxury retail, online commerce, consumer marketing & analytics, and supply chain management. LUXASIA is powered by a diverse and dynamic #OneTeam of 2700 talents across a growing footprint of 15 markets.

Why Join Us

At LUXASIA, we believe there is beauty within every talent – that is you.

We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you autonomy but not without guidance and genuine care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling.

With LUXASIA, an exciting career filled with robust professional growth awaits you. Isn’t that beautiful?

Job Summary

The Accounts Payable Specialist will be responsible for managing daily AP functions, ensuring timely and accurate processing. The role involves in invoices, claims processing, payment processing, reports and reconciliation, and other ad hoc requests related to accounts payable. This role will be working closely within internal team and country finance to resolve discrepancies.

Key Responsibilities:

Invoice processing:

· Validate vendor invoice

· Ensure proper recognition of expenses i.e. in accordance to IFRS

· Provide clear description on nature of expenditure

E-claim processing:

· Ensure all supporting documents / receipts are in order, compliance to company policy

· Validate claim amount against receipts

Batch payment processing:

· Prepare batch payment proposal to local finance for their review

· Local finance to revert to P2P on the final list of payment to be paid

· Execute host-to-host payment (Run interfacing file in SAP to banking portal)

· Seek payment authorization from respective approvers (Based on approval matrix)

Urgent / Advance payment processing (upon ad-hoc request):

· Execute payment through electronic banking via manual payment upload

· Perform payment clearing in SAP

· Seek payment authorization from respective approvers (Based on approval matrix)

Reports and reconciliations:

· Generate accounts payable ageing report

· Generate Goods Receipt (GR) / Invoice Receipt (IR) report

· Prepare vendor reconciliations

Operations:

· Support all the closing activities in SAP

· Respond and engage to all queries from all stakeholders

Continuous Improvement Process

· Identify and articulate improvement areas across processes

· Involve in process implementation, automation and standardization of P2P activities

· Standard Operation Procedure (SOP), Desktop Procedure (DTP) documentation preparations

Others:

· To actively resolve bottlenecks (in close cooperation with the local finance)

· Create first alert to relevant parties (copy local finance) and to follow up issues until resolved

· Knowledge sharing with team member

· Download invoice from vendor service portal

Requirements

Education:

· A degree in Finance, Accounting, Business Studies, or a related field is required.

Work Experience:

· A minimum of 1-3 years of experience in Accounts Payable or other accounting functions.

· Experience working in a SAP system or other major ERP environments is preferred.

· Prior experience in AP functions is an advantage.

Technical Knowledge:

· Proficiency in English, both written and verbal.

· Knowledge and experience of MS office tools.

Additional Skills:

· Able to work under pressure, meet tight deadlines and work as a team player.

· Has initiative, possess a good attitude, interpersonal communication skills, detailed, results-oriented, problem-solving skills, and performance driven.

· Applicants must be willing to work in Q Sentral.

Key Results/Measures:

· Time management.

· Accuracy in tasks.

· Completeness of deliverables.

LUXASIA is the leading beauty omnichannel distribution platform of Asia Pacific that has successfully enabled brand growth for more than 120 luxury beauty brands. Our integrated brand-building capabilities include luxury retail, online commerce, consumer marketing, and supply chain management. Since 1986, the company has partnered the world’s finest brands, such as Aveda, Bvlgari, Calvin Klein, Diptyque, Hermes, La Prairie, Montblanc, and SK-II. We have also established Joint Ventures with the likes of LVMH Group, Elizabeth Arden, Puig, Yves Rocher, and By Terry. At the core of our business is a diverse and dynamic #OneTeam of 2000 talents that shapes the face of luxury beauty, and delights consumers daily across our growing footprint of 15 markets. Come join us now. Why Join Us? At LUXASIA, we believe there is beauty within every talent – that is you. We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific, and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you the automony but not without guidance and geniune care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling.To find out more about LUXASIA career opportunities? Please visit our careers page @ https://www.luxasia.com/careers/ If you have a question for us, please contact us at https://www.luxasia.com/contact/Did we get you excited? You can learn more about us:> LinkedIn> Instagram: @luxasia

LUXASIA is the leading beauty omnichannel distribution platform of Asia Pacific that has successfully enabled brand growth for more than 120 luxury beauty brands. Our integrated brand-building capabilities include luxury retail, online commerce, consumer marketing, and supply chain management. Since 1986, the company has partnered the world’s finest brands, such as Aveda, Bvlgari, Calvin Klein, Diptyque, Hermes, La Prairie, Montblanc, and SK-II. We have also established Joint Ventures with the likes of LVMH Group, Elizabeth Arden, Puig, Yves Rocher, and By Terry. At the core of our business is a diverse and dynamic #OneTeam of 2000 talents that shapes the face of luxury beauty, and delights consumers daily across our growing footprint of 15 markets. Come join us now.

Why Join Us?

At LUXASIA, we believe there is beauty within every talent – that is you.

We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific, and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you the automony but not without guidance and geniune care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling.

To find out more about LUXASIA career opportunities? Please visit our careers page @ https://www.luxasia.com/careers/

If you have a question for us, please contact us at https://www.luxasia.com/contact/

Did we get you excited? You can learn more about us:

> LinkedIn

> Instagram: @luxasia