Assistant Manager - AP & Financial Accounting

Biocon; Gelang Patah; On-site; MYR 120,000 - 180,000; Full time

Job summary

Biocon in Malaysia seeks an experienced finance professional to lead Accounts Payable and month-end closing, oversee vendor governance, PO management, and expense provisioning, while ensuring policy compliance.

The role includes MIS, SG&A analysis, forecasting, budget control, audits, and leadership of the AP team. SAP/SAP S/4HANA experience is preferred, with a focus on process improvements and digital transformation to enhance working capital and reporting quality.

Qualifications

• Degree in Accounting or Finance.
• Professional qualifications (ACCA/CPA/ICAEW/CIMA) preferred.
• 5–8 years in finance/accounting, 2+ years in a supervisory role.
• Hands-on in month-end closing and AP processes.
• SAP experience required; S/4HANA advantageous.

Responsibilities

• Oversee AP, month-end closing, vendor governance, PO management, expense provisioning, and reporting.
• Support monthly/quarterly/annual closings and ensure GL balance accuracy.
• Review accruals, provisions, and prepaid schedules; ensure proper provisioning.
• Perform MIS reporting and SG&A variance analysis.
• Drive AP timeliness, vendor inquiries, and PO/non-PO invoice processing.
• Lead AP team with coaching and performance reviews.
• Lead AP automation and process improvement initiatives.
• Support audits, tax filings, and compliance.

Skills

Accounts Payable management

Month-end closing

Vendor governance

Financial reporting

Forecasting

Audit support

Process improvement

Team leadership

Education

Degree in Accounting/Finance

Professional qualification (ACCA/CPA/ICAEW/CIMA)

Tools

SAP

SAP S/4HANA

Job description

Responsibilities

Oversee Accounts Payable, month-end closing, vendor governance, PO management, expense provisioning, management reporting, audit support, and process improvements while ensuring policy and statutory compliance.

Key Responsibilities

1. Financial Closing & Reporting

• Support monthly, quarterly, and annual financial closing.
• Ensure sanitization and accuracy of GL balances (AP, OP, OR).
• Review accruals, provisions, and prepaid schedules, and ensure accurate provisioning of expenses.
• Perform MIS reporting and analysis, including monitoring of SG&A expenses split by Phase 1 and Phase 2, variance analysis, and management reporting support.
• Drive predictability of quarterly expenses against budget through timely reviews, forecasting, and financial controls.

2. Accounts Payable Operations

• Review and oversee the timely and accurate processing of PO and non-PO invoices.
• Monitor invoice ageing and drive timely resolution of outstanding items.
• Manage vendor enquiries and escalations.

3. Vendor & Advance Management

• Monitor supplier advances and ensure timely liquidation and appropriate controls.
• Review AP ageing and provide regular analysis to management.
• Drive closure of long-outstanding vendor balances.

4. Open PO & Working Capital Governance

• Monitor ageing purchase orders and coordinate closure activities with SCM and business users.
• Review GRIR balances and ensure timely resolution.
• Support DPO and working capital optimisation initiatives.

5. Audit, Tax & Compliance

• Support internal audit, statutory audit, tax filings and corporate audit activities.
• Ensure compliance with company policies and statutory requirements.

6. Team Leadership

• Lead, develop AP team members and provide coaching and technical guidance.
• Review team output and ensure service-level targets are met.

7. Process Improvement & Digital Transformation

• Lead AP automation initiatives.
• Identify opportunities to improve efficiency, controls, and reporting.

8. Perform any other duties and responsibilities as assigned by Management from time to time.

Requirements

• Degree in Accounting, Finance, or a related field.
• Professional qualification such as ACCA, CPA, ICAEW, CIMA, or equivalent is preferred.
• Five to eight years of finance or accounting experience, including at least two years in a supervisory role.
• Hands-on experience in Month-end financial closing and Accounts Payable
• SAP experience is required; SAP S/4HANA exposure is an advantage.
• Strong accounting knowledge and AP process management.
• Financial reporting, expense analysis, budgeting, and forecasting
• Audit, compliance, stakeholder management, and people leadership.
• Advanced Microsoft Excel skills and a process improvement mindset.