Accounts Payable Supervisor

3 days ago

Sydney, New South Wales, Australia Richemont Full time

Reference Code: 91599**Accounts Payable Supervisor**:

- Richemont- Sydney, NSW, AU- PermanentRichemont owns some of the world's leading luxury goods Maisons, with particular strengths in jewellery, fine watches and premium accessories. Each Maison represents a proud tradition of style, quality and craftsmanship and Richemont seeks to preserve the heritage and identity of each of its Maisons. At the same time, we are committed to innovation and designing new products which are in keeping with our Maisons' values, through a process of continuous creativity.

**MAIN PURPOSE**

To efficiently manage Accounts Payable function and support monthly closing duties as assigned by Senior Accountant and Accountant.

**KEY RESPONSIBILITIES**
- Ensure complete execution of SAP VIM process by AP team members.
- Implementing a control framework for AP team members to work independently with highest autonomy
- Supervise AP team members and actively facilitate timely execution of payment process as per pre-published schedule
- Ensure accuracy and completeness of submission in SAP system in accordance with Regional MDM guidelines and local market requirements
- Perform review of non-compliance for purchase order policy and compile regular report for regional submissions
- Training business users and actively raise their awareness for policies and procedures
- Prepare accrual journal in relation to assigned expense submitted in Concur but not approved as of month-end closing
- Determine accurate monthly expenditure for boutique operation cost by analysing trial balance and ledger transactions, in order to put through accrual/deferral journals monthly
- Prepare expense accrual journal if invoices are not approved timely via VIM analytics
- Tracking of monthly fixed expenses and ensure completeness of expense
- Ensure overdue AP balances are monitored and provide justification
- Completing the group reporting package (boutique reporting, and marketing and capex details per brand)
- Act as a contact point for Maison in resolving or trouble shooting issues regarding PO/VIM/Vendor workflow/CONCUR
- Conduct regular trainings on PO/Vendor workflow/ CONCUR to staffs and new joiners
- Coach and drive team members to meet goals and motivate them through challenges
- Lead, contribute and support finance process improvement projects
- Assist in half-yearly stock counts at boutique
- Liaise with external parties such as auditors, tax agent and government agencies

**REQUIREMENTS**
- Possess recognized Degree in Accountancy or a professional accounting qualification or equivalent.
- At least 3-5 years of relevant working experience
- Have a strong sense of commitment, teamwork and good interpersonal skills
- Strong accounting knowledge and problem solving skills
- Good presentation and communication skills, both verbal and written
- Initiative & pro-activeness
- Ability to work under pressure and tight deadlines in a high volume and fast pace environment
- Knowledge of accounting software/EPR systems e.g. SAP is a plus

Richemont #WeCraftTheFuture
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