Assistant Manager - AP & Financial Accounting

Biocon Sdn Bhd; Gelang Patah; On-site; MYR 110,000 - 170,000; Full time

Job summary

Biocon Sdn Bhd in Malaysia seeks an Assistant Manager - AP & Financial Accounting to oversee accounts payable, month-end closing, vendor governance, and PO management.

You will drive accuracy and controls, support audits and tax filings, lead the AP team, and push process improvements; SAP experience is required.

The role requires 5–8 years of finance or accounting experience, professional qualifications (ACCA/CPA/CIMA preferred), and strong Excel proficiency. SAP S/4HANA exposure is an advantage.

Qualifications

• Degree in Accounting, Finance or related field.
• Professional qualification preferred (ACCA/CPA/CIMA).
• 5–8 years of finance or accounting experience, including supervisory.
• Hands-on Month-end closing and Accounts Payable.
• SAP experience required; SAP S/4HANA exposure is an advantage.

Responsibilities

• Oversee AP, month-end closing, vendor governance, PO management and provisioning.
• Prepare MIS reporting and variance analysis, and management reporting support.
• Drive quarterly expense predictability and financial controls.
• Review AP invoices, ageing, and vendor enquiries; monitor supplier advances and ensure controls.
• Support internal and statutory audits, tax filings and compliance activities.
• Lead AP team, coach and provide technical guidance.
• Lead AP automation initiatives and process improvements.
• Perform other duties as assigned by Management.

Skills

AP process management

Financial reporting

Advanced Excel

Stakeholder management

People leadership

Education

Bachelor's degree in Accounting/Finance

ACCA/CPA/ICAEW/CIMA

Tools

SAP

SAP S/4HANA

Job description

Assistant Manager - AP & Financial Accounting

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

• 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.
• 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.
• 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

Education

• Degree in Accounting, Finance, or a related field.
• Professional qualification such as ACCA, CPA, ICAEW, CIMA, or equivalent is preferred.

Experience

• 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.

Skills

• 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.

Unlock job insights

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Pharmaceuticals, Biotechnology & Medical Devices 101-1,000 employees

In 2012, with more than 40 years of success behind it, Biocon, India's largest biotech company set up their first overseas plant in Johor Bahru, Malaysia – Asia’s largest integrated Insulin manufacturing facility. With an investment of about USD 275 million, it is the highest foreign investment in Malaysia’s biotech sector till date and currently employs about 650 professionals in a state‑of‑the‑art facility.

The attached document speaks about the journey and the many challenges and milestones encountered along the way. It talks of the Human Capital strategy of the company and how the Malaysia story is embedded in the same.

There were several steps which led to the success and many of them were differentiated with innovative ideas and sharp business acumen.

Biocon Malaysia offers an excellent career opportunity for biotech professionals.

Registration No. 201101002193 (930330-U).