Accounting Associate

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