This role is for an Accounts Payable (AP) Accountant in the Food Retail Industry. The primary function is to manage the full AP cycle, including processing, and executing payments for high-volume vendor invoices, with a specific focus on Vietnam markets.
Key Responsibilities
Invoice Processing & Payment:
Manage the full Accounts Payable (AP) cycle, including receiving, verifying, coding, and processing high-volume vendor invoices, particularly those originating from Vietnam suppliers.
Ensure all invoices and payment requests comply with company policies and local country tax regulations
Prepare and execute weekly/monthly payment runs, ensuring timely and accurate disbursements to vendors in both local and foreign currencies.
Reconciliation and Reporting:
Perform regular vendor statement reconciliations for Vietnam vendors to resolve discrepancies promptly.
Support the monthly, quarterly, and annual financial closing processes specific to AP for both markets.
Prepare AP aging reports and other ad-hoc financial reports as required by management.
Communication and Compliance:
Serve as the primary point of contact for all AP-related inquiries from Korean and Thai vendors, internal Procurement, and Retail Operations teams.
Translate and interpret financial documents, contracts, and communication between Korean, Thai, and English, ensuring accuracy in all financial records.
Maintain up-to-date knowledge of AP best practices and local statutory compliance in both Korea and Thailand.
System and Documentation:
Accurately maintain vendor master data and financial records within the ERP system (e.g., SAP, Oracle, etc.).
Assist in streamlining and documenting Purchase-to-Pay (P2P) processes for efficiency and control.
Qualifications & Requirements
Education: Bachelor’s Degree in Accounting, Finance, Business Administration, or a related field.
Experience:
Minimum of 2-3 years of progressive experience in an Accounts Payable or general accounting role.
Prior experience working in the Food Retail, FMCG, or a high-volume multi-site retail environment is highly preferred.
Experience with international vendor payments and multi-currency transactions is a plus.
Language Proficiency (Essential):
Fluent in Vietnam (written and spoken) to communicate effectively with Korean vendors and support the Vietnam market team
Proficiency in English (written and spoken) for internal corporate communication.
Technical Skills:
Strong proficiency with Microsoft Excel (pivot tables, VLOOKUPs, etc.).
Working knowledge of a major ERP system (e.g., SAP, Oracle, Microsoft Dynamics).