Accounts Payable - Melbourne

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles Are you ready for an exciting opportunity?

Are you ready for an exciting opportunity?

The Asia Pacific Division has an opening for an Accounting Associate to be based in the Melbourne office.

The Accounting Associate will prepare, process, and analyze accounting and/or financial transaction information to support ongoing Accounting, Treasury or other Finance tasks and projects, with limited supervision from more senior accounting personnel and/or management.  The incumbent typically handles routine processes, reports and information within their specific function. 

The incumbent will be responsible for Australia and New Zealand payments; and is also a back-up within the team in handling other Asia countries (China, Hong Kong, Japan, Korea, Malaysia, Philippines and Singapore). 

Key Responsibilities:

• prepares, tracks and processes routine accounts payable (AP) transactions accurately and in a timely manner following established procedures and guidelines within a specific area of technical expertise (e.g. payables, reporting, cash management, etc.);
• analyzes and reconciles source information/documentation in financial systems on a regular basis;
• handles (follow up and resolves) issues and discrepancies pertaining to employees’ reimbursement, vendors, external auditors and cost centre owners;
• conducts monthly & quarterly audits, half annual reporting and annual checks & balances, to ensure that the operation is in compliance and meets regulatory and tax requirements;
• performs effective and timely validation of own work to ensure quality work with minimum errors;  
• participates in special projects to provide routine accounting support within a specific area of expertise;
• performs other duties as assigned.  

Position Requirements

• Finance related Diploma or equivalent;
• at least 5 years of AP experience;
• familiarity with general accounting principles and practices; and thorough understanding of technical operations and accounting techniques within the team’s area of expertise (e.g. payables, reporting, cash management, etc.) usually acquired through 5+ years of experience in that area of expertise;
• knowledge on GST rules in Australia and New Zealand will be preferred;
• proficiency with financial systems and standard software applications (PeopleSoft; Microsoft Excel, Access, PowerPoint, and Word);
• attention to detail and focus on tasks at hand;
• good analytical thinking and problem-solving skills;
• good communication and customer service skills;
• ability to work in a routine, deadline-driven environment;
• ability to work independently with minimal supervision and good time management.

FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

If you are interested in learning more about FM, our culture and some of our initiatives, don’t hesitate to visit the links below:

• FM Website  

• FM YouTube Channel  
• Insure Your Career at FM 

• Engineer Careers 

• FM Resilience 

• FM - LinkedIn  

You must have the right to work in Australia to be considered for this role (Australian citizen, permanent resident, NZ resident)