Senior Finance Officer

At Lidl & Kaufland Asia, our Finance Team works closely with local and regional colleagues. In the process, they develop skills and experience with Finance & Treasury, covering multiple regions while broadening their knowledge and skill-set.

Objectives:

• Assisting the Finance Manager in performing duties related to finance and treasury
• Responsible for the preparation of finance reports and analyses
• Review all invoices for appropriate documentation and approval prior to payment
• Manage monetary transactions and liquidity for all entities
• Manage banking relationships and documentation
• Assist in developing and implementing financial policies for all entities

What you'll do

The holder of the position is mainly responsible for the following areas in coordination with his / her superior:

• Prioritise invoices according to payment terms and payment release status
• Prepare payment instructions in SAP and FIS, as well as applicable online banking systems
• Reconcile bank account statements in ITS
• Prepare and perform required tasks in ITS such as hedging requests, IC loans, interest rates monitoring and limit monitoring.
• Process checks requests (invoice check, obtaining signatures, distribution)
• Audit and process bills
• Respond to all vendor inquiries
• Reconcile vendor statements, research and correct discrepancies
• Perform required finance tasks for month-end closing
• Maintain files and documentation thoroughly and accurately, in accordance with Group policy and accepted accounting and finance practices
• Liaise with banks, manage all banking documentation and maintain banking relationships
• Liaise with internal and external parties on auditing, tax and financial issues
• Assist in design and development of financial policies, procedures and system development
• Prepare budget and annual forecasts
• Handle ad hoc assignment as required

What you'll need

• University graduate in Accounting or Finance and with a recognised professional accounting qualification
• Minimum 5 to 8 years of working experience in accounting, finance and/ or auditing
• Excellent understanding of bookkeeping and accounting principles
• Strong administrative skills with proficiency in Excel and other MS Office applications
• Well organised, self-motivated, detail-minded, independent and able to work under pressure
• Working knowledge of accounting software, SAP preferred
• A good understanding of data privacy standards
• Ability to communicate effectively in both spoken and written English
• A good team player and willingness to learn