About the role:
To ensure accuracy and integrity of the company's financial records, this position is responsible for a wide range of accounting payable functions, including reporting, account reconciliations, journal entries, and trend analysis, working closely with the finance team and across departments to provide support and ensure smooth and efficient operations.
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What you will do:
Responsible for:
- Managing the complete accounting cycle for Malls (Expense, Monthly Closing Accruals & Reporting).
- Applying the correct VAT codes and verifying all Mall expenses in line with FTA guidelines.
- Preparing expense schedules for Corporate Tax and highlighting to FP&A team.
- Ensuring POs are addressed in the system on a monthly basis against completed works & services, with cumulative monthly provision reviewed and calculated.
- Evaluating various expense requests for justification, budget availability, verification of LPO’s, coding, and posting approved expenses as per budget in respective GL Accounts and cost centres, ensuring approval as per DOA for Opex & Capex.
- Ensuring approved payments are released as per agreed payment terms with compliance to Company’s Policies & Procedures, including timely settlement for Intercompany payments.
- Ensuring timely and accurate accounting for all operating expenses (Opex) and capital expenditures (Capex), providing detailed schedules to the Financial Planning & Analysis (FP&A) team for budgeting and forecasting.
- Preparing expense trackers and reports at the end of each month for submission to the FP&A team for review and dashboard reporting preparation.
- Conducting quarterly Balance sheet reconciliation with detailed schedules for all expense-related items for the Finance Manager’s review.
- Ensuring accurate and prompt recording of all recoverable expenses in coordination with the Accounts Receivable team and the business team.
- Reviewing all payments before release, providing confirmation to signatories and reviewing cashflow impact.
- Supporting FP&A in preparing schedules (Utilities, Capex, Expenses, etc.) and coordinating with external auditors.
- Coordinating with the Bank for necessary DOA updates (signatories, access, preparing Memos) and liaising with the Owner for approvals.
Required skills to be successful:
Job-Specific Skills:
- Proficiency in MS Office (Word/Excel/PowerPoint).
- Extensive knowledge of Financial package SAP (preferred) and/or other ERP systems.
- Strong ability to communicate firmly and clearly with Vendors.
- Ability to develop strong relationships and deal with stakeholders at all levels.
- Competence in accurately booking financial data and identifying trends.
- Ability to interpret and apply accounting standards and resolve discrepancies.
Behavioural Competencies:
- Good interpersonal skills, adaptability, self-motivation, and organizational skills.
- Excellent communication and interpersonal skills are essential.
- Ability to drive continuous improvement by adopting best practices.
- Strong analytical and problem-solving skills.
What equips you for the role:
Minimum Qualifications and Knowledge:
- Bachelor’s degree in finance, accounting, or a related field.
- Advanced knowledge of ERP Financial Software is necessary; SAP expertise is preferred.
Minimum Experience:
- 3-5 years of relevant experience working in Business finance; experience in Real Estate is preferred.
