Trainee, Finance & Accounting (Penang - Open to Fresh Graduate)

Averis; George Town; On-site; MYR 150,000 - 200,000; Full time

Job summary

A global business services provider in Penang is looking for candidates to join a job rotation program in accounting roles such as Accounts Payable, Accounts Receivable, and Cash Management. Responsibilities include transaction processing, vendor management, and financial reporting, aiming to provide comprehensive experience in finance functions.

Responsibilities

• Perform day-to-day transaction processing for accuracy and timeliness.
• Process vendor and customer invoices, debit notes, and credit notes.
• Prepare periodic cash position reports and manage bank statements.

Job description

Hello, we are Averis!

Established in 2006, Averis is recognised as a multinational Global Business Services and Solutions provider that specialises in Finance & Accounting, Human Resources, IT Project & Operation, Shipping Documentation, Change Management, Recruitment Process Outsourcing, Corporate Function Services, and Digital.

We’re currently headquartered in Kuala Lumpur, Malaysia, and have recently expanded to Penang, Dubai, Brazil, and Indonesia. To date, we support our customers across various industries that range from manufacturing to RSPO certified palm, and clean and renewable energy.

Overview

You are on a journey to join an exciting Company and be part of our success story. Here we will equip you with the know-how and experience that will define your growth. In this role that you are about to embark on, you are required to carry out the following responsibilities with each as part of a job rotation opportunity :

• Accounts Payable OR
• Accounts Receivable OR
• Cash Management OR
• General Accounting OR
• Management Reporting OR
• Statutory Consolidation

Responsibilities

Accounts Payable

• Perform day-to-day transaction processing in terms of accuracy, completeness and timeliness on a daily basis.
• Process vendor and inter-company invoices, debit notes and credit notes.
• Process recurring payment documents.
• Process month end activities e.g. reporting and GR/IR reconciliation.
• All transactions processed according to the established processes and procedures.
• Create and maintain vendor master data information.
• Process and update electronic and manual payment transactions in system.

Accounts Receivable

• Perform day-to-day transaction processing in terms of accuracy, completeness and timeliness on a daily basis.
• Prepare customer aging and report overdue invoices to Business Group.
• Monitor and reconcile direct bank credits.
• Prepare customer statement of accounts.
• Process collections from customers, process debit and credit notes and process refunds and rebates.
• All transactions processed according to the established processes and procedures.

Cash Management / Treasury

• Prepare periodic cash position report and timely submit it to Corporate.
• Ensure all Cash Management related transactions are timely and accurately processed in the SAP e.g. import of the bank statement, review & post of trade tickets, evaluation of accrued FX derivatives/ interest income & expenses and so on.
• Perform settlement of bank clearing accounts for the relevant bank transactions and monitor bank trade accounts in SAP and ensure it reconciles with bank statement.
• Reconcile bank statements and provide the deviation details to the responsible parties to ensure an appropriate follow up.
• General monthly Cash Management reports

General Accounting / General Ledger

• To perform General Accounting day-to-day transactions and ensuring delivery quality in terms of accuracy, completeness and timeliness on a daily basis.
• Book accounting transactions based on Business Groups inputs.
• Maintain general ledger master data.
• Maintain the setup and blocking of cost centers/account codes.
• Clearing of open items in accounts.
• Perform analytical review of profit and loss accounts and balance sheet, trend analysis, cost centre checks and transaction posting checks.
• Provide month end close accounting process transaction support.
• Execute month end close steps in accordance with work instructions and month end close checklist.

Management Reporting / Statutory Consolidation

• Preparation of entity level & group consolidate level of management reports including preliminary results, entity level management reporting pack, group level management reporting pack for corporate submission, reconciliations / analysis; and/or
• Supporting the budget control processes for the business group.
• Perform entity level & group consolidate level of statutory accounts by executing consolidation tasks in consolidation system, perform statutory consolidation entries based on Business Groups inputs which compliance to Group Reporting Statutory requirement, and preparation of monthly consolidated financial statements.
• To act as a system control and ensure maintenance of Consolidation master data, consolidation setting and posting validation according to Business Groups Statutory/management requirement
• Perform analytical review of Interco Analysis, Consolidated financial statement and reporting.
• Support yearly group audit and attend to audit queries, whenever necessary.
• Support analysis and ad-hoc requests from business group, whenever necessary.