Executive, Account (AP) - 6-months Contract

Posted 7 Days Ago
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Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
1-3 Years Experience
Food
The Role
The Executive, Account (AP) manages all accounts payable transactions, supervises a team, ensures timely payments to suppliers and staff, maintains accurate records and reconciliations, monitors cash flows, prepares analyses for management, and ensures effective communication between parties involved.
Summary Generated by Built In

Company Description

We are Malayan Flour Mills Berhad, an established billions ringgit public listed food manufacturing company. We aspire to be a leading food manufacturing enterprise in the region and have also diversified its business from flour milling to the sale of raw materials and integrated poultry business. Its integrated poultry business includes the breeding and sale of day-old chicks, broiler and breeder farming, processing and sale of poultry products and feeds milling. With over 50 years of experience and workforce of over 2600 in Malaysia and Vietnam, as part of our expansion plans we are seeking the right talents to be part of our winning team.

Job Description

Job Purpose

To ensure the accurate and timely management of all AP related transactions such that all accounting entries can be taken up properly in the accounts of the Company. 

To supervise and coach a team of AP subordinates to ensure the subordinates complete the task accurately and timely.

To maintain an effective communication between internal and external parties.

Job Accountabilities

  • Monitor and ensure all approved suppliers invoices are paid within credit term so as to maintain good relationship with suppliers.
  • Monitor and ensure all approved statutory payments are paid within the statutory deadline to avoid any unnecessary penalty.
  • Monitor and ensure Staff Claims are paid timely and accurately so as all staff have been reimbursed on time.
  • Review creditor reconciliations for all suppliers to ensure all transactions have been properly taken up and to detect error.
  • Review Bank Reconciliation to ensure all transactions have been properly taken up and to detect error.
  • Review and ensure all Banking Matters have been followed up promptly to ensure efficient cash flows position is maintained. e.g. fund transfer, bank draft, TT, LC, etc.
  • Verify and ensure all transactions in AP have been approved and taken into accounts timely and accurately for closing purpose.

a) Update Document Checklist to ensure all documents have been submitted at least on weekly basis;

b) Follow up documents required with Branches, Depots, Plant, Farms, etc to ensure all documents reach HQ before closing.

  • Monitoring Cash Flow by compiling daily Cash Book from both AP sections and e-mail to Treasury for repo placement.
  • Maintain an effective communication between internal(AP & AR) and external parties to maintain smooth operation of business
  • Prepare Data & Trend Analysis for management to make decision (CN & DN analysis, review AP aging , expenses analysis, etc.)
  • Ensure Debit/Credit Note has been issued timely and accurately to inter-companies.

Qualifications

  • Diploma or partial qualification (Accountancy related/professional bodies e.g. LCCI, ACCA/CIMA(partial), etc.)
  • 0-2 years in Accounts Payable

Additional Information

MFM is honored to receive the following awards: 

  • 2019 - Human Resources Asia Recruitment Awards 2019, Best Onboarding Experience (Bronze)
  • HR Asia Best Companies to Work for in Asia for 6 consecutive years (2018 - 2023) 
  • HR Asia Most Caring Company Award for 4 consecutive years (2020 - 2023)
  • HR Asia Diversity, Equity & Inclusion Award (2023)
The Company
Federal Territory of Kuala Lumpur
317 Employees
On-site Workplace
Year Founded: 1961

What We Do

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY21, the group revenue was RM2.43 billion. MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day. With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals. Building the workforce of the future…Today. We invite you to be part of our team! Visit https://www.mfm.com.my/careers/ or apply via the Jobs tab in Linkedin.

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