The Accounting Associate is responsible for supporting day-to-day accounting operations, including processing Accounts Receivable and/or Accounts Payable transactions, maintaining accurate general ledger records, preparing journal entries, and performing bank reconciliations. The role supports month-end closing activities and ensures compliance with company policies and accounting standards.
Key Responsibilities:
General Accounting
- Prepare and post journal entries for daily transactions, accruals, adjustments, and reversals
- Maintain and monitor the general ledger, ensuring accurate recording and proper account classification
- Perform bank reconciliations and investigate reconciling items
- Reconcile subsidiary ledgers (AR/AP) with the general ledger
- Assist in month-end and year-end closing activities
Accounts Receivable (AR)
- Prepare and issue customer invoices
- Record and apply customer payments accurately
- Monitor aging of receivables and follow up on outstanding balances
- Prepare AR schedules and supporting reports
- Coordinate with internal teams and customers regarding billing and collection concerns
Accounts Payable (AP)
- Review, verify, and process vendor invoices and payment requests
- Ensure completeness and accuracy of supporting documents
- Prepare vouchers and schedule payments in accordance with company policies
- Maintain vendor records and resolve supplier inquiries
- Prepare AP schedules and reconciliations
Qualifications
- Bachelor's Degree in Accountancy
- At least 6 months to 1 year of experience in AR, AP, or general accounting
- Working knowledge of journal entries, bank reconciliation, and general ledger accounting
- Basic understanding of accounting standards and internal controls
- Proficient in MS Excel; experience with accounting software is an advantage
- Strong attention to detail and accuracy
- Good organizational and time management skills
- Ability to work independently and meet deadlines
- Good communication and interpersonal skills
