Payment Processing Associate

3 days ago


Kuala Lumpur, Kuala Lumpur, Malaysia Tungsten Automation Corporation Full time

We are seeking a Payment Processing Associate to join our team at Tungsten Automation. In this role, you will be responsible for processing payments, managing vendor relationships, and ensuring compliance with payment supporting documents.

The ideal candidate will have strong analytical skills, attention to detail, and the ability to work well in a team environment. You will be working closely with the entire accounting team and reporting to the Regional Assistant Controller.

Key Responsibilities
  1. Process payments for vendors, including taxes, payroll, and social security.
  2. Create and manage vendors in NetSuite.
  3. Set up vendor templates in the banking system.
  4. Process standing orders and set up arrangements in the bank system.
  5. Evaluate payment supporting documents for compliance.
  6. Ensure timely supplier payments.
  7. Reconcile company credit cards each month.
Additional Responsibilities
  1. Contact the banking helpdesk as needed.
  2. Provide AP details to the GL team for cash flow forecasts.
  3. Manage prepayment listings each month.
  4. Liaise with teams from different regions.
  5. Verify journal completeness each month.
  6. Manage email inboxes with the AP team.
  7. Support auditors' requests.
  8. Assist with monthly cash flow forecasts.
  9. Respond to ad-hoc AP, payment, and vendor-related queries.


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