Accounts Payable Accountant

Telenor Group is world’s leading telecommunications company across the Nordics and Asia with 158 million subscribers and annual sales of around NOK 99 billion (2022). We are committed to responsible business conduct and driven by the ambition of empowering societies. Connectivity has been Telenor’s domain for more than 160 years, and our purpose is to connect our customers to what matters most.

We have a leading Nordic position in mobile, broadband and TV services, as well as substantial activities in subsidiaries and joint venture operations, including mobile financial services and online classifieds in the Asia region. Worldwide, Telenor Group and our operations’ teams are 14,000 people strong.

Telenor Procurement Company (TPC), established in 2017 and based out of Singapore, operates as a subsidiary of the Telenor Group. We deliver Global Category Management as a service to the Telenor Business Units and beyond, taking full responsibility for the end-to-end Sourcing process and performance of global spend categories. Functioning as one Global Procurement team across all Telenor markets, we enable Telenor’s strategic ambitions by becoming a centre of expertise in the pursuit of efficient operations. TPC seeks qualified procurement professionals that are comfortable working in a global setup in the fast-paced Telecom field.

For more information, please visit our website:
Functional role of Accountant is responsible for end-to-end Accounts Payable processes, reporting and controls, Indirect tax (SG-GST) reporting and records keeping, General Ledger maintenance in accordance to the Company’s policy and local regulations.

About the role

Accountant reports to Director - Finance Reporting and Finance Manager. Key responsibilities include:

- Supports Director Finance/ Finance Manager and responsible for the administrative and operational activities within end-to-end Accounts Payable function
- Own and maintain Accounts Payable invoices tracking for completeness and reporting tasks
- Monitor/process payments to suppliers within credit terms, identify any Withholding tax to be deducted and ensure proper supporting documents for approval of payments
- Prepares weekly cash forecast for Group Treasury as a measure for liquidity management
- Prepares and maintain records for Goods and Services Tax (GST) reporting to IRAS Singapore. Ensuring proper records/reports are maintained in compliance with the GST law in Singapore
- Supports month end closing by maintaining list of invoices to be accrued, performing bank reconciliation, preparing miscellaneous list/relevant schedules for tracking of opex transactions
- Supports buy-from process by ensuring supplier invoices are properly back-charged to customers on a timely manner
- Prepares employees’ benefit-in-kind list for both local and expats and coordianate with necessary stakeholders for timely submissions
- Actively coordinate with internal users/cost centers/functions for efficient processing of information and minimizing delays in overall Procure-to-Pay process via Coupa and Workday systems

Main tasks
- Support in the supplier invoices receiving and handling. Own and keep up to date invoice tracking information reconciled with internal systems and suppliers
- Act as internal custodian of, and point of contact for, local authority matrix, delegation of authority system, related policy and procedure documents
- Coordination with internal and external stakeholders for timely support
- Demonstrate and practice change and constant improvement initiatives, challenges status quo and develop new ways of work to support the transformational journey to simplify end to end processes
- Actively participate and contribute in improving the overall Accounts Payable function and build environment of trust and respect with all stakeholders

Profile
- Broad understanding of the Accounts Payable functions in general and deep understanding of end to end accounts payable process specifically
- Result oriented, demonstrating excellent collaboration abilities
- Able to work with a high degree of execution power and passion and deliver on stringent timelines
- High level of integrity and ethics, adhering to TPC’s corporate business values and Telenor Way of work
- Strong ability to communicate and interact effectively across organizational and cultural boundaries, internal and external
- Demonstrate commitment, maturity, flexibility and speed in response to business needs and operational challenges
- Display growth mindset with the desire to keep improving through hands-on work experience and constant learning
- Attention to details, ability to handle large volume of data and information

Competence Requirements
- 2 to 3 years in an accounting/finance/P2P related role
- Bachelor degree or diploma/certification in accounting/finance discipline
- Experience using Workday and Coupa systems would be an advantage