Finance Assistant (1 Year Contract)

LUXASIA is the leading beauty omnichannel distribution platform of Asia Pacific that has successfully enabled brand growth for more than 100 luxury beauty brands. Our integrated brand-building capabilities include luxury retail, online commerce, consumer marketing, and supply chain management. Since 1986, the company has partnered the world’s finest brands, such as Aveda, Bvlgari, Calvin Klein, Diptyque, Hermes, La Prairie, Montblanc, and SK-II. We have also established Joint Ventures with the likes of LVMH Group, Elizabeth Arden, Puig, Yves Rocher, and By Terry. At the core of our business is a diverse and dynamic #OneTeam of 2000 talents that shape the face of luxury beauty, and delights consumers daily across our growing footprint of 15 markets.

At LUXASIA, we believe there is beauty within every talent – that is you.

We grow you by building your competencies and unleashing your potential. We have curated a vast portfolio of over 100 luxury brands across Asia Pacific, and growing. Your work will enrich the lives of millions of consumers across the region. With us, you get to be an entrepreneur, running the business like it is your very own. We give you the autonomy but not without guidance and genuine care. We are a diverse and inclusive team that is courageously innovative. Together as #OneTeam, we celebrate differences, embrace change, explore new ideas, take risks, fail fast, and drive results. While challenges at work are inevitable, the journey promises to be fulfilling.

With LUXASIA, an exciting career filled with robust professional growth awaits you. Isn’t that beautiful?

The Accounts Receivable Specialist will be responsible for managing daily AR functions, ensuring timely and accurate cash applications, performing sales reconciliations, and supporting the overall financial efficiency of the organization. The role involves tracking and monitoring payments, handling invoice issuance, and working closely with local teams to resolve discrepancies. This position will also support ad hoc financial requests as needed.

• Cash Application for Collection

Validate and match receipts to the bank statement.

Apply cash to respective invoices.

• Sales Reconciliation:

Perform sales reconciliations between system records and customer records.

Follow up with local teams on any variances.

• Daily Outlet Reconciliation:

Conduct daily reconciliation for outlets to ensure accuracy.

• Billing and Invoicing:

Ensure timely billing to meet payment cycle deadlines.

Issue invoices as required.

• Payment Monitoring:

Track and monitor receipts to ensure they are within the terms of payment agreements.

• Month end closing and Ad Hoc Support:

Provide full support for the month-end close in line with the deadline.

Provide support on special requests and additional projects as needed.

Requirements

Education:

• A degree in Finance, Accounting, Business Studies, or a related field is required.

Work Experience:

• 1-2 years of experience in Accounts Receivable or other accounting functions. Fresh graduates are encouraged to apply.
• Experience working in a SAP system or other major ERP environments is preferred.
• Prior experience in AR functions within a shared services environment is an advantage.

Technical Knowledge:

• Proficiency in English, both written and verbal.
• Knowledge and experience of MS office tools.

Additional Skills:

• Beauty/Retailing background is preferred.
• Able to work under pressure, meet tight deadlines and work as a team player.
• Has initiative, possess a good attitude, interpersonal communication skills, detailed, results-oriented, problem-solving skills, and performance driven.
• Applicants must be willing to work in Q Sentral.

Key Results/Measures:

• Time management.
• Accuracy in tasks.
• Completeness of deliverables.

Do you have what it takes to succeed in a fast-paced and intense environment? Do you thrive on challenges? Do you want to bring innovative ideas to life? Are you keen to abandon the status quo, try new things, embrace failures as lessons, recover fast, yet always pursue excellence?  

If so, you are the one we are looking for. JOIN US and let’s grow together. 

Championing Diversity, Equity and Inclusion 

LUXASIA aspires to build a One Team of talents that reflects the diversity of the communities in our operating markets. LUXASIA is committed to providing equal employment opportunities to all individuals, regardless of their race, colour, religion, gender, sexual orientation, age, disability, nationality or ethnic origin, cultural background, social group, marital status, or any other characteristics as provided by law. 

To explore other careers opportunities, visit our careers page @ https://www.luxasia.com/careers/ 

If you have a question for us, please drop us an email here.  

We regret to inform you that only shortlisted candidates will be contacted. Thank you.  

Recruitment Privacy Notice 

By proceeding with your application, you confirm that you have read LUXASIA's recruitment privacy notice [https://www.luxasia.com/recruitment-privacy-notice/] and consent to the LUXASIA group collecting, processing and disclosing your personal data for purposes specified in the notice.  

Note to Staffing Agencies 

Please DO NOT contact LUXASIA’s employees or Talent & Excitement (T&E) team in an attempt to present candidates for our roles. LUXASIA has our own panel of appointed agencies that we work with. Any agency who is interested to work with us must obtain prior written approval from LUXASIA’s T&E team before you submit candidates’ resumes, and then only in conjunction with a valid fully executed contract for service and in response to a specific job opening. LUXASIA will not pay a fee to any Agency that does not have such agreement in place. Thank you for your understanding.