Accounts Payable and Receivable Accountant (6-month contract)

Job Mission:
With the business environment is ever changing, Finance function is called to become more strategic focus. With the establishment of the Finance Business Service, a regional platform that not only overcoming the sub-scale issue in-market, built on virtual competencies model comprising critical corporate functions and business capabilities, but also allow us to create headroom and re-invest in capabilities that help to realize Chanel 2024 vision.
Under this new target operating model, all transactional activities will be migrated into Finance Business Service Team. In order to ensure the quality of our service, we need to look for a high caliber Accountant to support AP/AR Manager (cluster) to perform the invoice processing for market(s) in Asia.
Key Responsibilities:
• Reporting to our cluster Finance Managers - Accounts Payable/Receivable and the incumbent will be responsible to perform the invoice processing in Asia markets:
• Perform daily defined AP processing tasks based on identified RACI for transactional processing and accounting activities such as invoice posting, payment processing, the preparation of the appropriate offsetting entries and appropriate documentation.
• Understand hand-offs between individuals / systems and interfaces
• Perform daily Accounts Receivable operation and deliver exceptional services to Asia countries and accounting activities such as sales order, payment reconciliation between system, RCV wholesale settlement, Sales report to landlord, cash collection, consignment, month end aging, TM1 sales reconciliation etc.
• Handle general enquiries from external parties (e.g. vendors/customers) and business users
• Practise CHANEL's internal controls (manual and automated) at transactional level
• Escalate inappropriate behaviour / activities (e.g. professional / ethical misconduct, non-compliance with policies), if any
• Assist AP& AR Finance manager to drive for process efficiency & trade working capital improvement
• Able to articulate system issues clearly to subject matter experts to ensure solutions can be identified and implemented
• Comfortable with learning new system tools & Able to adopt technological tools in business processes to meet job requirements
• Provide system training to business users in AP and AR processes.