Account Payable (12 Months Contract)

LUXASIA; Kuala Lumpur; On-site; MYR 53,568 - 80,352; Full time

Job summary

LUXASIA in Malaysia is seeking an Accounts Payable Specialist to manage daily AP duties, invoice processing, claims processing, batch payments, and reconciliations within the country finance team.

You will work with SAP, ensure IFRS-compliant expense recognition, generate aging reports, support month-end closing, and participate in process improvements while coordinating with internal stakeholders. The role requires 1–3 years in AP, a finance degree, and strong English communication.

Qualifications

• A degree in Finance, Accounting, Business Studies, or a related field is required.
• 1–3 years of experience in Accounts Payable or similar accounting functions.
• Proficiency in English (written and verbal) and basic MS Office tools.

Responsibilities

• Process vendor invoices and ensure IFRS-compliant expense recognition.
• Process e-claims with supporting documents and receipts validation.
• Prepare batch payment proposals and execute interbank payments via SAP.
• Handle urgent/advance payments and perform payment clearing in SAP.
• Generate AP ageing, GR/IR and vendor reconciliation reports; assist closing.
• Respond to stakeholder queries and support continuous process improvements.

Skills

English proficiency

Team player

Attention to detail

Time management

Education

Finance/Accounting/Business Studies degree

Tools

SAP

MS Office

Job description

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