Assist the Management Accountant to complete month/quarter/year end closing for Acetyls Asia entities, to ensure the timely closing of books and accurate reporting in accordance with China Accounting Standard.
Environment/Context
- Support the Management Accountant to deliver the posting and reporting in a timely and accurate manner in a period of transition
- Complete knowledge transfer with 3rd party service provider and can deliver the posting and reporting
Accountabilities of the job
GL
- Process monthly Joint Ventures’ equity accounting booking, forex revaluation, dividends based on the information provided by Joint Venture’s FMs.
- Perform the JVs’ balance sheet integration quarterly.
- Make postings for staff cost (e.g. payroll, bonus), expenses and income accruals, and lease to support monthly closing.
- Lead Trading company’s Balance Sheet Reconciliation on a quarterly basis
- Manage the intercompany transaction reconciliation for Acetyls Asia entities.
- Prepare trading company’s monthly statutory report.
Financial Analyst
- HFM reporting: prepare the trading company’s P&L/balance sheet based on the trial balance to be loaded in HFM timely, and ensure the results reconciled with management report.
- HFM reconciliation: 5 JVs’ holding company HFM results can reconcile vs the management report.
- Enhance the existing cash forecast model in the monthly reporting, and reconciliation of weekly cash flow vs management report.
- Assist the Acetyls Asia entities yearly budget process.
AP
- Process supplier invoices into SAP PRC, reject incorrect or incomplete invoices to suppliers and invoice archiving, Investigate and resolve invoices with issues
- Execute payment runs and payment loading in line based on DoA
- Coordinate with Treasury Team on the cash planning and bank related issues.
Technical Skills
- The role requires a sound technical accounting knowledge and strong understanding of accounting rules, to be capable of applying the understanding and knowledge in daily posting and reporting activities.
- The jobholder will also be required to have well developed PC skills(particularly, Excel), and expert knowledge of SAP.
- It is preferred the jobholder has previously worked in a related Finance and Accounting role.
- More than 6 years’ post-qualification experience, or equivalent Bachelors’ degree or designation with practical financial accounts experience, qualified CPA/ACCA is preferred
Behavioral Skills
- Fast learner with ability to adapt to changing business requirement/processes/environment.
- Ability to perform under (time) pressure without losing attention to details.
- Willingness to learn with a can-do attitude and wanting to succeed as an individual as well as team.
- Strong attention to detail and accuracy, well organized and flexible when dealing with regional issues against tight deadlines and differing time zones.
- Good team player.
Performance indicators
- Month/quarter/year end closing completes in a timely and accurate manner.