Executive, Accounts Payable

Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY23, the group revenue was RM2.15 billion.

MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day.

With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals.

Building the workforce of the future…Today. We invite you to be part of our team!

To supervise an accounts payable team; direct the processing of invoices and payments in a timely and accurate manner while adhering to company policies. In addition, to maintain an effective communication with relevant stakeholders.

Responsibilities:

• Ensure the following task is completed timely and accurately:
  • Verify and ensure all approved suppliers’ invoices are paid within credit term.
  • Verify and ensure all approved statutory payments are paid within the statutory deadline to avoid any unnecessary penalty.
  • Verify and ensure staff claims are paid timely and accurately so as all staff have been reimbursed on time.
  • Review creditor reconciliation to ensure all transactions have been properly taken up and to detect error.
• Verify and ensure all transactions in AP have been approved and taken into accounts timely and accurately for closing purpose.
  • Keeping track of all payments and expenditures and maintaining accurate and complete records.
  • Reconciling processed work by verifying entries and comparing system reports to balance.
  • Follow up documents required with Branches, Depots, Plant etc. to ensure all documents was accurately recorded before closing.
• Maintain an effective communication between internal and external parties to maintain smooth operation of business:
  • Liaise with GL colleague for any closing issues.
  • Liaise with other departments for any issue in AP matters, including attending any meeting.
• Prepare Data & Trending Analysis for management for decision making:
  • Creditors aging reports,
  • Analyse the expenses,
  • Follow up and resolve issues with PIC on GRNI / Advances / Prepayment
• Ensure cashbook are updated timely and accurately for cashflow planning purpose.
• Liaise with suppliers for any issue in AP matters.
• Review and seek improvement in business process while maintaining adequate internal control elements.
• Ensure integrity issues in application system or interface are cleared promptly to maintain the accuracy of the financial information.
• Ensure archiving of data and filing is done timely and properly for easy retrieval of information.
• To highlight errors, unusual items or irregularities to superior immediately.
• Perform other tasks and assignments as directed by the Management from time to time.

• Degree in Finance and Accounting
• 3 – 5 years of working experience

• HR Asia Best Companies to Work For in Asia 2024 (7 years consecutively, from 2018 to 2024)
• HR Asia Most Caring Company Award (5 years consecutively, from 2020 to 2024)
• HR Asia Diversity, Equity & Inclusion (DEI) Award (2 years consecutively, from 2023 to 2024)
• HR Asia Sustainable Workplace Award (2024)
• HR Asia Happiest Workplace Award (2024)