Account Receivable Executive

1 week ago


Subang Jaya, Selangor, Malaysia Talent Houz Consulting & Services Full time

About the Job


We are currently seeking a passionate Accounts Receivable Executive to join our client company, a leading player in the automotive retail industry.

As a crucial member of our dynamic client team, you will play a pivotal role in finance operations, actively contributing to the organization's overall growth and success.


Responsibilities:

Operations (50%)

  • Verify that journal entries are supported by relevant documents and ensure no omissions in postings to the General Ledger.
  • Process customer refunds, credit notes, and verify commissions accurately and timely.
  • Verify customer details in the Vehicle Management System (VMS) for scheduled issuance of official receipts via Robotic Process Automation (RPA); manually issue receipts if RPA fails.
  • Update receipt numbers for bank loan transactions and Purchase Orders in VMS.
  • Print and sort official receipts for mailing to customers.
  • Create, maintain, and manage the Accounts Receivable Ledger, including finance company credits, service credits, packages, and After Sales credit customers in Autoline.
  • Ensure accurate posting and allocation of daily receipts in the accounting system and regularly assess potential doubtful debts.
  • Address urgent requests from business units and resolve operational issues.
  • Collaborate with Functional Stakeholders to suggest process modifications and implement relevant system functionalities within the Finance Operations function.
  • Prepare relevant schedules, compile additional financial analyses, and comment on Management Reports for the Finance Operations Manager.
  • Meet monthend close and reporting deadlines.

Monthly Changes (10%)

  • Analyze Accounts Receivable changes in the balance sheet and explain fluctuations of +/ 10% of DSO.
  • Conduct aging analysis and collaborate with business units to ensure reconciling items and clearing accounts are promptly addressed and resolved.

Transformation and Digitization (15%)

  • Participate in the development of process improvements in Finance and support the modernization of finance skill sets.
  • Propose new working methods to reduce timelines and enhance Finance service levels for business units and other operational functions.

Control Procedures, General Ledger Reconciliation, and SOP (20%)

  • Maintain strong compliance with control procedures, such as the credit policy, in daily tasks.
  • Ensure timely preparation of reconciliations, such as intercompany and thirdparty receivables, ensuring all transactions are accounted for within the Group.
  • Ensure control amounts in the general ledger match subledgers, achieving zero balance variance.
  • Clear reconciliation and clearing account items promptly, maintaining a reasonable aging bucket.
  • Ensure proper classification of accounts receivable at monthend.
  • Update SOPs timely to keep them relevant to the company's current needs.

Audit and Tax Computation (5%)

  • Ensure timely preparation of audit and tax schedules.
  • Reconcile all CP58 statements to the income statement.
  • Manage internal and external auditor requests on topics specific to the company.

Qualifications & Experiences Needed

  • At least 2 years of finance experience in an increasingly responsible role.
  • Diploma or Degree in any field, preferably finance.
  • Proven ability in team development and implementing transformation initiatives.
  • Strong background in internal controls and knowledge of industry best practices for finance operations.
  • Excellent written and verbal English skills.
  • Quick to learn and adapt to new technologies.
  • Effective timemanagement skills and systematic task management.
  • Excellent interpersonal and communication skills for handling challenging discussions with diplomacy and logic.
  • Able to simplify complex concepts and communicate them effectively.
  • Teamoriented, highly motivated, proactive, and creative.

Pay:
RM4, RM6,000.00 per month

Schedule:

  • Monday to Friday

Education:

  • Diploma/Advanced Diploma (required)

Experience:

Accounts Receivable: 2 years (required)

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