Job Description

Req No.

45373BR

and Qualifications

General Position Purpose:

This role supports the GL Accounting Manager in executing prepayment, accrual, and loan accounting work processes. Responsibilities include ensuring compliance of general & administrative expenses, deposits, prepayments, other receivables, debt, and other related accruals recorded in management reports with the Finance Policies of the Company, driving GL accounting-related process improvements to enhance efficiency, and provide information and assistance to other functional departments as required. The position also supports Cost Center Assessments/Allocations and Internal Order accounting in the Company\'s SAP system.

The position will receive work from the GL Accounting Manager as and when needed. The incumbent is expected to manage their own work priorities, complete designated tasks within the Finance month-, quarter- and year-end timelines, and report progress against those designated tasks.

The role crosses all operating units of the Company and requires a good understanding of the work processes and critical system interfaces associated with G&A, deposits/prepayments, and debt. Additionally, the position involves working closely with other functional departments (Business Decision Support, Plant/Operations, Supply Chain, Shared Business Services) on the matters listed above.

The incumbent is expected to be very independent at work and able to communicate directly with the stakeholders that they are supporting. They are also expected to develop new initiatives and implement process improvements as and when necessary.

Knowledge Requirements:

This individual should possess an understanding of general accounting principles, conceptual and analytical mindset, interpersonal and communication skills, and high ethical standards.

Professional Experience and Education:

Incumbent should posses a bachelor\'s degree and professional accounting qualification (CPA/ACCA or equivalent)

At least 2 years of experience in the accounting field

Description Responsibility/Task Descriptions:

Post accrual and monitor accrual balances for general & administrative expenses, including audit and taxation fees, legal costs, and other miscellaneous expenses.

Review prepayment and other receivables balances; ensure amortization of such balances are recorded in the correct accounting period.

Review recoverability of deposit balances; process write-offs for nonrecoverable deposits.

Perform value-added tax (VAT) receivable and payable settlement and netting.

Post VAT accruals and adjustments as necessary (e.g. VAT on interest income, bank charges, etc.).

Review and reclass current to noncurrent (or vice versa) deposits, other receivables, accruals, and loans.

Perform open item clearing in SAP (F-03) for open items in deposits, other receivables, accruals, and loans.

Post tax payment entries, account open item clearing, and adjustments to tax and indirect tax accounts based on requests from Country Field Finance teams.

Maintain Cost Center Assessments/Allocations (CCA) criteria in SAP based on input from relevant departments. Liaise with external and internal stakeholders on all questions related to CCA.

Create and maintain Internal Orders (IO) in SAP, prepare IO reports, and liaise with external and internal stakeholders on all questions related to IOs.

Identify root cause, propose and implement process improvements (including coordinating with other functional teams where required) to rectify known errors at source, to the extent possible.

Provide commentary of significant fluctuations for general & administrative expenses, deposits, prepayments, other receivables, and loan accounts in monthly income statement and balance sheet review.

Prepare balance sheet reconciliations for all deposit, prepayment, other receivables, and loan accounts.

Prepare Quarterly Schedules to support disclosure requirements in company 10-K/10-Q reports.

Prepare SAP/BW reports to support local GAAP/tax preparation.

Provide explanations and supporting documents to external auditors as necessary.

Other ad hoc tasks assigned by management as and when required.

Employment Status

Full Time

Region

Asia

Organization

Corporate

Business Sector / Division

Finance

Air Products