Executive, Bank Reconciliation

6 days ago

Kuala Lumpur, Malaysia Malaysia Airlines Full time

**Reports To**:
Manager, Bank Reconciliation

**Role Purpose**:

- Responsible to monitor accuracy, timely performance of Bank, Cash Reconciliation for worldwide bank accounts inclusive of HQ, stations and subsidiaries
- Ensure adherence procedures, accounting treatments, report, controls and audit trails in compliance to Accounting standards for MAB and subsidiaries

**Key Accountability**:

- Operational:

- Ensure the reconciliations meet the targeted KPI where 90 percent of Value of Open Item Balance Aged less than 60days
- Track timely bank reconciliation and communicate with relevant business units/station and subsidiaries for input and updates of the clearance status
- Monitor and ensure there is no discrepancy between SAP and bank statement monthly closing balance
- Reconcile Cash Receivables for Stations - ticketing office, airport counters and Cargo office against tickets, EMD, EBT, Airwaybill etc interface with ARA/LMS
- Governance & Policies:

- Ensure compliance to Service standards / SLAs to ensure appropriate service levels are maintained
- Ensure compliance to accounting standards and internal controls
- Organization & People:

- Act as a pro-active team member to ensure cordial work environment
- Undertake additional responsibilities to support / replace other team member roles if required
- Possess good communication and interpersonal skill

**Qualification & Experience**:

- Degree in any related discipline preferable in Finance, Actuarial Science, Business etc with 0-3 years working experience in Accounting and/or Finance or in the related field

**Skills & Knowledge**:

- General Accounting and Reconciliation
- Knowledge on GL/Accounting System (SAP)
- Customer Oriented. Result and Quality Orientation
- Good command of English & Bahasa Malaysia, both written and spoken

**Key Challenges**:

- Ensuring Group's compliance to MAG procurement policy, process and governance
- Time constraint and complexity of issues when investigating outstanding items of bank and cash reconciliation matching on Direct Debit/Double Pmt/Unidentified Payment, Late submission of BS/DCRS by stations, Bridge Gap beween ATOS and Banker on MT940 issues, etc
- Lack of control the cash collection handled by BUs and Station due to work base location
- Highlighting department on action to clear reconciliation may not be effective if no KPI imposed
- Bank Recon as the point of contact/reference with issues related to Cash/Bank account. This require determination, coordination with other BUs and Customers/Agents

  • Executive, Bank Reconciliation

    6 days ago

    Kuala Lumpur, Malaysia Malaysia Airline Full time

    **Job Title**: Executive, Bank Reconciliation **Reports To**: Manager, Bank Reconciliation **Role Purpose**: - Responsible to monitor accuracy, timely performance of Bank, Cash Reconciliation for worldwide bank accounts inclusive of HQ, stations and subsidiaries - Ensure adherence procedures, accounting treatments, report, controls and audit trails in...

  • Bank Reconciliation Officer

    1 week ago

    Kuala Lumpur, Malaysia Ria Full time

    Responsibilities To do daily reconciliation of bank accounts of IME, RIA Australia, RIA NZ, RIA India, CES & RIA Singapore. To post journals i.e bank charges/commission/rebate relating to the above bank accounts into the system. To analyze, investigate and resolve any unreconciled items (unposted and in transit) or any inaccuracy within specific given...

  • Reconciliation Executive

    4 days ago

    Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Full time

    WHO WE ARE:As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we're on a journey of...

  • Reconciliation Executive

    4 days ago

    Greater Kuala Lumpur, Malaysia OCBC Full time

    Who We AreAs Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.Today, we're on a journey of...

  • Reconciliation Executive

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia OCBC Full time 150,000 - 300,000 per year

    WHO WE ARE:As Singapore's longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires. Today, we're on a journey of...

  • AVP/ Manager- Reconciliation

    2 weeks ago

    Kuala Lumpur, Kuala Lumpur, Malaysia Private Advertiser Full time 90,000 - 120,000 per year

    Job DescriptionPerform daily, weekly, and monthly reconciliations of financial accounts, including bank statements, ledger accounts, and other financial records for for all the Operations Centers, subsidiaries and overseas branches that CoE is supportingEnsure all transactions are accurately recorded and discrepancies are promptly identified.Investigate and...

  • Executive, Virtual Banking

    2 weeks ago

    Kuala Lumpur, Malaysia Affin Bank Full time

    Executive, Virtual Banking **Create your future with Affin! You too can make a difference.** Join us at AFFIN, where the open minds meet and be inspired by a shared commitment to great work. Here, you don't just stay at the forefront of the industry - you can make a difference too. **JOB PURPOSE** To handle customer interaction from various channels...

  • Operations Executive, Reconciliation

    4 days ago

    Kuala Lumpur, Malaysia iFAST Corporation Full time

    **Responsibilities**: - Manage operations matters to ensure we meet our service turnaround time. - Perform daily assets reconciliation on various investment products. - Perform monthly and quarterly reconciliation reporting to banks, CPFB and MAS. - Investigate CPFIS-OA/SA status on weekly basis. - Conduct reconciliation on Non-IA assets. - Other...

  • Reconciliation Coordinator

    6 days ago

    Kuala Lumpur, Malaysia activpayroll Full time

    **Description**: The role of Reconciliation Coordinator is vital role in supporting the international payment team with reconciliation of client accounts. In this newly created role, you will be responsible for validating information held in finance system matches the customer bank account and that all payables have been paid in a timely manner. We are in a...

  • Account Executive

    5 hours ago

    Kuala Lumpur, Malaysia G2G Full time

    **Job Scope** This Account Executive role is mainly to handle the payment gateway reconciliation, not accounting data entry related. This role is open for 2 vacancies. **Responsibilities** - Conduct thorough account reconciliations to ensure the accuracy of financial data, mainly cover to perform reconciliation of Payment Gateways fees & settlement. -...