Account Payable Executive

PSI INCONTROL SDN BHD

Sungai Buloh

On-site

MYR 39,000 - 61,000

Full time

4 days ago

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Benefits offered by this job

Medical

Miscellaneous allowance

Education support

Loans

Dental

Annual Company Overseas Trip

Company Outing

Annu

Job summary

PSI Incontrol Sdn Bhd is seeking an Accounts Payable Executive to manage supplier invoices, payments, and reconciliations in Malaysia. The role supports Finance Managers in reviewing P&L and Balance Sheet and collaborates with other departments on stock take and fixed asset verifications.

The ideal candidate holds a accounting degree or is pursuing ACCA/CIMA, with at least 2 years of AP experience. Proficiency in Excel and strong attention to detail are essential for timely, accurate processing.

Qualifications

Bachelor’s degree in accounting or pursuing ACCA, CIMA, or equivalent professional qualifications.
Minimum 2 years of working experience in a similar role; fresh graduates with strong academic performance or relevant internship experience are encouraged to apply.
Strong proficiency in Microsoft Office applications (especially Excel).
Proactive, detail-oriented, willing to learn, and able to work independently with strong initiative.
Strong analytical mindset, good communication skills, and eagerness to grow within the Finance function.

Responsibilities

Process and record trade and non-trade payable transactions accurately and on a timely basis.
Ensure all invoices are properly verified, approved, and supported.
Schedule and process payments promptly and accurately, ensuring no bank rejections.
Manage payment activities via online banking platforms and support cash flow planning.
Maintain up-to-date vendor records in the system.
Resolve discrepancies with suppliers in a timely manner.
Perform monthly reconciliations for all payables accounts.
Review and clear outstanding balances to maintain accurate financial records.
Ensure proper controls and compliance within the procure-to-pay cycle.
Uphold adherence to company policies and internal audit requirements.
Ensure full compliance with e-Invoice submission requirements.
Reconcile transactions with the Tax Portal promptly.
Basic knowledge of withholding tax to determine applicable amounts for non-resident payments and ensure timely remittance.
Understanding of VAT is advantageous, especially for foreign subsidiaries.
Support timely month-end and year-end closing activities.
Review Profit & Loss and Balance Sheet accounts to ensure balances comply with MFRS requirements.
Ensure accurate lease accounting in accordance with MFRS 16 Leases.
Work with other departments to support periodic stock counts and fixed asset audits.
Perform additional tasks or assignments to support the Finance function as required.

Skills

Microsoft Excel

Accounts payable

Analytical thinking

Attention to detail

Education

Bachelor’s degree in accounting or pursuing ACCA/CIMA

Job description

To ensure effective management of cash flow, supplier transactions, payments, and related reconciliations. The role also supports the Finance Managers in reviewing the Profit & Loss and Balance Sheet of the company and its subsidiaries. Additionally, the position collaborates with other departments on stock take and fixed asset verifications.

Principal Accountabilities

Invoice Management

Process and record trade and non-trade payable transactions accurately and on a timely basis.
Ensure all invoices are properly verified, approved, and supported.

Payment Processing

Schedule and process payments promptly and accurately, ensuring no bank rejections.
Manage payment activities via online banking platforms and support cash flow planning.

Vendor Records Maintenance

Maintain up-to-date vendor records in the system.
Resolve discrepancies with suppliers in a timely manner.

Reconciliation

Perform monthly reconciliations for all payables accounts.
Review and clear outstanding balances to maintain accurate financial records.

Internal Controls

Ensure proper controls and compliance within the procure-to-pay cycle.
Uphold adherence to company policies and internal audit requirements.

e-Invoicing Compliance

Ensure full compliance with e-Invoice submission requirements.
Reconcile transactions with the Tax Portal promptly.

Indirect Tax Function

Basic knowledge of withholding tax to determine applicable amounts for non-resident payments and ensure timely remittance.
Understanding of VAT is advantageous, especially for foreign subsidiaries.

Financial Reporting

Support timely month-end and year-end closing activities.
Review Profit & Loss and Balance Sheet accounts to ensure balances comply with MFRS requirements.
Ensure accurate lease accounting in accordance with MFRS 16 Leases.

Stock Take & Fixed Asset Verification

Work with other departments to support periodic stock counts and fixed asset audits.

Ad-Hoc Responsibilities

Perform additional tasks or assignments to support the Finance function as required.

Knowledge & Skills

Bachelor’s degree in accounting or currently pursuing ACCA, CIMA, or equivalent professional qualifications.

Minimum 2 years of working experience in a similar role; however, fresh graduates with strong academic performance or relevant internship experience are encouraged to apply.

Strong proficiency in Microsoft Office applications (especially Excel).

Proactive, detail-oriented, willing to learn, and able to work independently with strong initiative.

Strong analytical mindset, good communication skills, and eagerness to grow within the Finance function.

Advantageous for fresh graduates

Relevant internship experience in accounting, audit, or finance.

Basic understanding of accounting principles and double-entry bookkeeping.

Familiarity with accounting software or ERP systems.

Willingness to be trained in AP processes, e-Invoicing, and financial reporting.

Ability to work accurately under supervision and meet deadlines.

Involvement in digitalisation initiatives such as e-Invoicing automation and new ERP implementation.

Exposure to MFRS 16, group consolidation processes, and compliance work—highly valuable career skills.

Opportunities to participate in cross-functional projects with procurement, operations, supply chain, and audit teams.

A role that plays a key part in ensuring the company’s cash flow stability and financial integrity.

Work in a digital-forward finance team with opportunities to contribute to automation and process improvements.

Support for professional development and continuous learning.

A collaborative, supportive work culture where your contributions are visible and valued.

We are a Solution Provider for Automation and Protection Technologies. Established in 1997, PSI Incontrol has achieved tremendous growth and is one of the leading engineering companies in the region providing a wide spectrum of generic as well as niche products. We are a subsidiary of PSI AG who has a strong presence in Germany and most part of Europe.

Today, we are a prominent regional player in Network Control Systems; Power Services Automation; Control, Protection and Digital Infrastructure System technologies with an outstanding track record of having executed more than 140 projects in various countries with offices in Malaysia, Thailand, India, Oman and Bahrain.

Perks and benefits Medical Miscellaneous allowance Education support Loans Dental Annual Company Overseas Trip, Company Outing, Annu

Your application will include the following questions:

Which of the following statements best describes your right to work in Malaysia?
What's your expected monthly basic salary?
Which of the following types of qualifications do you have?
How many years' experience do you have as an Accounts Payable Executive?
Which of the following accounting tasks are you familiar with?
Do you have reconciliations experience?
Do you have previous invoicing experience?
Which of the following accounting software are you experienced with?