Intern - PTP Finance

Who We Are:

Lumileds is a global leader in OEM and aftermarket automotive lighting and accessories, camera flash for mobile devices, MicroLED, and light sources for general illumination, horticulture, and human-centric lighting. Our approximately 5,500 employees operate in over 30 countries and partner with our customers to deliver never before possible solutions for lighting, safety, and well-being.

The Lumileds environment is fast-paced, cutting-edge, intelligent and fun! We are looking for exceptional talent to join our team!

To learn more about our company and solution portfolios, please visit https://lumileds.com

Who You Are:

We are looking for someone who are meticulous, independent, self-starter, good communication and ability to meet tight deadline.

Position Summary:

Lumileds is seeking a highly-qualified intern to take responsibility for Accounts Payable.

In this role, you will need to work closely with multi parties such as site finance, payment team, requestor, vendors, procurement, receiving, planners and etc to ensure all invoices processed within timeline and to perform month end activities without major surprise.

What You Will Do:

Accounts Payable

• Process various types of AP invoices in Account Payable Ledger
• Perform Supplier Statement reconciliation, investigate and follow up to reduce discrepancies
• Compile and check invoices due for payment on timely basis
• Respond to supplier inquiries
• Liaise with user, buyer, logistic and suppliers to minimize AP invoice issues
• Monitor and close aged AP items promptly by follow up with all related parties
• Follow-up withholding tax entries, forms and payment

Payment

• Process vendor payment via SAP system and inhouse/external bank portal.
• Support urgent payment / off cycle payment .
• Process payroll related payments, manage petty cash reimbursement & manual cheques payment (upon request).
• Work closely with Corporate Treasury on Cash and working capital requirement planning.
• Verify to ensure all payments are properly supported by valid documentations and approvals.
• Follow up/communicate closely with site Controller to ensure all payment were fully authorized before released
• Coordinate for document retention process including transfer of finance documents to external warehouse or vice versa upon request
• Conduct housekeeping of AP related documents

General

• Perform Employee claims audit, ensure all claims are compliance with Corporate directive/Site policy.
• Assist on month end close to ensure :
  • All transaction completely posted by month end close
  • Month end accrual completed within timeline
  • Ensure no surprise on Bank Reconciliation
  • Expenses reclass (if any) completed within timeline
  • No Interco dispute
  • Reporting submitted and follow up approval within timeline
• Assist on internal/external audit queries
• Assist on system enhancement
• Perform other ad hoc assignments as and when required

What You Will Bring (REQUIRED Qualifications):

• Prefer with SAP background
• Prefer excellent Microsoft excel

Education (Minimum Level)

• Bachelor's
• Diploma with relevant experience are welcome

Field of Study

• Accounting, Finance, Business and Economic

Lumileds is an Equal Employment Opportunity Employer