Subsidiary Responsibilities:
- Manage full set of accounts, including Accounts Payable (AP), Accounts Receivable (AR), and General Ledger (GL)
- Prepare monthly management reports and supporting schedules
- Issue customer invoices and ensure timely billing
- Prepare vendor payments and maintain proper payment documentation
- Reconcile interco billings
- Liase with auditor and tax agent for year-end financial audit and tax queries
- Assist in ERP set-up
- Coordinate and manage company cash flow to ensure adequate liquidity
- Liaise with banks and financial institutions on financing arrangements
- Monitor loan facilities, financing costs, and ensure timely repayment schedules
- Prepare and submit GST returns and ensure compliance with GST regulations
- Coordinate and support year-end audit with external auditors
Holding Company Responsibilities:
Accounts Receivable (AR):
- Assist in managing Accounts Receivable processes, including invoicing, receipts posting and reconciliations
- Issue customer invoices and ensure accurate recording in the accounting system
- Monitor customer payments and verify bank receipts, remittance advice and SWIFT copies
- Track AR aging reports and follow up on outstanding balances with customers
- Prepare and send Statements of Account (SOA) to customers as required
- Assist with customer account reconciliations and resolve discrepancies
- Support preparation of credit notes and debit notes (CN/DN)
- Assist in the Late Payment charges calculation and sending customer the respective debit note
- Coordinate collection meetings to review and follow up on outstanding customer payments
Month-End Closing:
- Assist with monthly sales reconciliation and AR closing
- Support preparation of journal entries and accounting schedules
- Assist in month-end and year-end closing activities
Administrative & Operational Support:
- Maintain proper filing and documentation of financial records
- Support customer and vendor onboarding documentation
- Maintain master data records in the accounting system
- Assist with petty cash administration and reporting
- Perform ad-hoc finance and accounting tasks as assigned
