Finance Manager, Accounts Payable
2 months ago
Overview:
RMIT University Commitment
- RMIT is committed to the rights of students and staff to be safe, respected, valued, and treated as an equal in their place of study and work. All staff are expected to share this commitment and contribute to a safer community. While carrying out their role, staff are in a position of trust with students. Staff have a duty of care to report wellbeing concerns about students through the designated channels and uphold to the code of conduct. RMIT Vietnam expects all staff members to comply with its Code of Conduct, policies and procedures, which relate to legal and regulatory requirements and our ways of working.- Why RMIT University Vietnam?-
- Reputation and rankings - RMIT University- Rewards and Benefits:- Competitive salary package and allowances
- Generous annual leave, carer leave and public holidays (Christmas and Tet Holidays)
- Private health insurance and wellness programs
- Professional development and career advancement
- Access to state-of-the-art facilities and resources
- A vibrant and diverse campus life and more- RMIT Vietnam has been honoured with the respectable HR Asia Award as Top Employer to Work For in Asia. To find out more about RMIT Vietnam and our current vacancies, please visit our website:- Position Summary- The key focuses of the Finance Manager, Accounts Payable position are:- To lead the accounts payable to deliver effective and efficient processes, develop and embed controls to protect university interest and manage risk;
- To ensure management and relevant stakeholders are provided meaningful, accurate and executive Account Payable report on time with intensive analysis and recommendation to ensure robust control and compliance.
- To ensure all payment and expense allocation complied with Accounting Standards, tax laws, and University policies.
- Fully accountable for input taxes declaration and its reconciliation are compliance with tax law and regulations.- Reporting Line- Reports to: Associate Director, Finance Operations- Key Accountabilities- The key responsibilities include but are not limited to:
- 1) Leadership and stakeholder management:- Develop and maintain a culture of continuous improvement, focusing on efficiency optimization of both current and future processes within the scope of the assigned job.
- Develop and maintain effective relationships with all relevant internal and external stakeholders.
- Manage, develop, recruit, retain the assigned subordinate. Setting direction and guidance to subordinate as needed to stay on target; ensure all deadlines are met and consistent service.
- Accountable for designing and continuous enhance working procedure (where necessary), guidance, timeline, and outcome to subordinates and other relevant stakeholders and make amendments in case any changes in process, where necessary, to ensure targets are effectively achieved.
- Lead and deliver Account Receivable Finance training program for the finance as well as non-finance staff.- 2) Accounts Payable-
- Manage the payment process of the university to ensure timeliness and accuracy and compliance with university policies as well as applicable tax rate per tax regulations;
- Accountable for the maintenance of proper AP supporting documents in compliance with Vietnam accounting and tax regulations as well as University policies;
- Manage reconciliation process of account payable balance with vendors.
- Manage all intercompany payable transaction and payments process to ensure proper documentation in place for Vietnam accounting and tax purpose;
- Lead and accountable for year end and month end AP accrual process pursuant to both VAS and AASB;
- Other tasks to be assigned by supervisor.- 3) Expenditure Management-
- Lead and Accountable for expense allocation drivers’ principle and ensure it is properly set up in to ERP system for accurate allocation accordance to VAS, local law and regulations;
- Manage pre-paid expense amortization process to ensure accuracy and timely of university expense in accordance to Vietnamese Accounting Standard (VAS) and Australian Accounting Standards Board (AASB);
- Manage company credit card expense report and company credit card management.
- Manage expense report and reimbursement of RMIT staff to ensure it is complied with Business expense policy and related policies.
- Ensure Management and stakeholders are provided with quantitative, accurate and timely expenditure analysis for decision making.
- Accountable for expenditure allocation policy of RMIT to ensure all expenses treatments are compliance with VAS and AASB.
- Manage projects and its expenditure recognition in compliance with regulations and RMIT financial policies.- 4) Tax Management including but not limited to Value Added Tax (VAT) Input, Foreign Contractor Tax (FCT) and Corporate Income Tax (CIT)-
- Manage the taxation matters related to account payable function including but not limited to Corporate Income Tax deductible expense, creditab
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