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 individual with a strong finance and accounting background who also have an interest and passion for 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 plan.
- 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 check 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 utilize 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 become 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 representative 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.