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- Tasks: Support inventory accounting, costing, and procurement processes while ensuring compliance and effective controls.
- Company: Join IP&E GBA, a leading LPG brand committed to quality and sustainability in Hong Kong and Macau.
- Benefits: Enjoy opportunities for professional growth, a collaborative work environment, and a focus on sustainable practices.
- Why this job: Be part of a dynamic team that values innovation, efficiency, and making a positive impact in the community.
- Qualifications: Bachelor's degree in finance or related field with 4 years of relevant experience required.
- Other info: Fluency in English and Cantonese is essential; experience in the energy sector is a plus.
The predicted salary is between 43200 - 72000 £ per year.
The Senior Finance Executive, reporting to the Finance Manager, provides support in inventory accounting, costing, prepayments, accruals, provisions, and taxation. This role also involves managing and supporting the procurement process for products and services. Working closely with the Procurement Manager, the Senior Finance Executive supports the consolidation of purchasing requirements, preparation of tenders/RFQs, vendor screening, negotiation, costing analysis, and award evaluation. They ensure compliance with accounting standards, maintain accurate records and effective controls, and contribute to cost savings, supplier relationship management, and the continuous improvement of procurement strategies. This role is ideal for individuals with a strong finance and accounting background who also have an interest and passion for the procurement process.
Responsibilities
- Accounting and Reporting
Work with a team to deliver accounting and month-end processes timely. Responsible for inventory accounting and costing, prepayments, accruals, and provision. Conduct reconciliations & review accounts regularly. Support statutory reporting, taxation, and financial audit. Streamline processes to enhance speed and effectiveness.
- Controls, Data and Record Management
Ensure data integrity and proper record management for reporting and analysis purposes. Comply with effective internal controls, address any deficiencies quickly. Support internal audit/control review activities. Follow up improvement actions. Support new ERP implementation and enhancement projects.
- Business Partnering
Ensure accurate and consistent financial data to facilitate strategy delivery and decision making. Support delivery of business targets, strategies, and plans. Support management on projects and ad-hoc requirements to improve cash, growth, and productivity.
- Procurement
Develop and implement strategies for spending categories (e.g. engineering, marketing, delivery, etc.). Source potential suppliers, conduct market research and due diligence checks according to company compliance policy to identify and evaluate potential suppliers. Negotiate contracts and pricing for favourable terms with suppliers. Collaborate with stakeholders to understand procurement needs and ensure timely service delivery. Monitor supplier performance, maintain relationships, foster innovation, and ensure compliance and service quality. Analyse spending patterns and identify value-for-money opportunities for savings and improvements. Support maintenance of the Approved Supplier List and utilise ERP applications to enhance Procure-to-Pay (P2P) efficiency.
Required Qualifications, Capabilities, And Skills
- Bachelor's degree in business administration, accounting, finance, procurement, or any related field.
- Minimum 4 years’ relevant experience in accounting, reporting, controlling, and procurement.
- Strong background in accounting, reporting, and controlling.
- Proficient in English and Cantonese, both in writing and speaking.
Preferred Qualifications, Capabilities, And Skills
- Background or experience in energy/gas related industry is a plus.
- ACCA finalist or equivalent.
About IP&E GBA
From 1 July 2021, IP&E GBA acquired EssoLPG and became the authorized Esso/Mobil LPG Brand Licensee in Hong Kong and Macau. As a licensee of Esso/Mobil Gas, we are committed to offering you high-quality products and value customer experience through our extensive distribution network, intensive industry expertise, and professional customer service representatives continuously. We also have a strong commitment to sustainable development. In the future, we will put effort into maintaining a balance between making profit and fulfilling the company’s responsibilities towards the community and environment.
Finance | Senior Finance Executive (IP&E GBA-2107) employer: CITADEL Pacific Ltd.
Contact Detail:
CITADEL Pacific Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance | Senior Finance Executive (IP&E GBA-2107)
✨Tip Number 1
Familiarise yourself with the procurement process and key financial concepts relevant to the role. Understanding inventory accounting, costing, and supplier relationship management will give you an edge in discussions during interviews.
✨Tip Number 2
Network with professionals in the finance and procurement sectors, especially those with experience in the energy or gas industries. Engaging with industry peers can provide insights and potentially lead to referrals for the position.
✨Tip Number 3
Stay updated on current trends in procurement and finance, particularly in relation to sustainability practices. Demonstrating knowledge of how these trends impact the industry can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss specific examples of how you've contributed to cost savings or improved procurement strategies in your previous roles. Concrete examples will showcase your ability to deliver results and align with the company's goals.
We think you need these skills to ace Finance | Senior Finance Executive (IP&E GBA-2107)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in finance and procurement. Emphasise your skills in inventory accounting, costing, and any specific achievements in managing procurement processes.
Craft a Compelling Cover Letter: Write a cover letter that connects your background in finance with the procurement responsibilities of the role. Mention your passion for both fields and how you can contribute to cost savings and supplier relationship management.
Highlight Relevant Qualifications: Clearly state your educational qualifications and any certifications, such as ACCA, that are relevant to the position. This will help demonstrate your commitment and expertise in finance and accounting.
Showcase Soft Skills: In your application, mention soft skills that are crucial for this role, such as negotiation, communication, and analytical skills. Provide examples of how you've successfully used these skills in past roles.
How to prepare for a job interview at CITADEL Pacific Ltd.
✨Know Your Numbers
As a Senior Finance Executive, you'll need to demonstrate your strong finance and accounting background. Brush up on key financial concepts, inventory accounting, and costing methods. Be prepared to discuss how you've applied these in previous roles.
✨Showcase Procurement Knowledge
Since this role involves procurement, highlight any experience you have in sourcing suppliers, negotiating contracts, and managing vendor relationships. Prepare examples of how you've contributed to cost savings or improved procurement strategies in the past.
✨Demonstrate Compliance Awareness
Understanding compliance with accounting standards is crucial. Be ready to discuss how you've ensured data integrity and maintained effective internal controls in your previous positions. Mention any experience with audits or ERP implementations.
✨Prepare for Behavioural Questions
Expect questions that assess your ability to work as a business partner. Think of scenarios where you've supported management in decision-making or improved business processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
