Account Payable Specialist

Basic Function

Reporting to the Regional AP Manager, Asia & AfMEI, this position provides technical accounting and analysis support to Procure to Pay (PTP) workstreams with focus on Accounts Payable and Travel & Expenses. These sub-processes related to automation strategies to ensure team objectives are met within LYB Accounts Payable standards and in-country local regulations and governances. This position should have knowledge and handling capability in (i) Invoicing - Logistics , (ii) Non-Logistics, (iii) Specials Desk, (iv) Payments - Check Processing/EFT Helpdesk  - Inquiries

Roles & Responsibilities

•    Liaise with banker on operational transactions and documentation requirements related to transactions.
•    Processing of Statutory, Custom duty and Other Direct/Indirect tax payments by adherence with local compliances on timely basis.
•    Support the Senior Process Analysts with various project initiatives.
•    Assist the Regional AP Manager, Asia & AfMEI to sustain compliance controls across the organization in alignment with our Accounts Payables standard operating procedures.
•    Depending on the sub-team this position is assigned, the daily work focus is different.
•    Support integration, adoption and optimization of standardized AP Automation application, tools, and workflow processes.
•    Process PTP related transactions in SAP; or any other ERP system as instructed in an accurate and timely manner.
•    Conduct regular reconciliations for AP related balance sheet accounts.
•    Participate in month/Year end closing activities as directed.
•    Perform system testing on AP activities for all system enhancements.
•    Have a detailed understanding of PTP process.
•    Prepare intercompany vendor master request form and submit it to master data team to set up intercompany vendor in SAP.
•    Support Accounts Payable team to complete Internal and External Audit as needed
•    Assist Regional AP Manager, Asia & AfMEI with ad hoc tasks as assigned.

Min. Qualifications

Education:
•    B.Com/M.Com
•    Professional education in Accounting, Finance or related discipline 

Work Experience: 
•    Minimum of 2 to 3 years of Accounts Payables experience
•    Working experience in a multinational company environment, with ability to work in diverse cultures.
•    Local taxation knowledge is preferred 

Skills:
•    Be familiar with SAP system and skillful in Microsoft Office, especially Excel, PowerPoint.

CRITICAL COMPETENCIES / BEHAVIORS:

• Acts with integrity, fairness, and high standards of accountability
• Deadline-conscious with “can do” spirit to ensure correct & timely execution on AP related transactions.
• A good team player with strong verbal and written communication skills
• Have a positive work altitude including willing to work longer hours during peak periods.
• Self-motivated to learn new concepts and take part in new projects.
• Agile, results oriented, customer focused.
• Able to work under pressure.