Accounts Receivable Specialist
3 days ago
**Build your Career with an Industry Leader at our Shared Services Centre in Malaysia.**
**As a global leader in premium label solutions, our purpose is to deliver the world's best label solutions that help our customers build their brands, while adding value to our employees, our shareholders, and the communities in which we operate.**
**If you share our vision and believe that you could contribute to the success of our company, we look forward to hearing from you**
**Job Highlights**
- Hybrid Working Arrangement
- Conducive Working Environment
- Learning & Development
**Job Descriptions**:
AR
- Promote continuous improvement, standardization and eliminate duplication of work in AR processing.
- Ensure the accuracy of bookkeeping records for revenue and expenses, and support month-end reporting by producing accurate sales reports, sales journals, and sales reconciliations.
Collection
- Coordinate effort with sales and customer service teams to arrange collections activities to maximize cash receipts by sending statements / reminder letters to clients and following up to ensure prompt payment.
- Provide customer service regarding collection issues, perform customer reconciliations and resolve discrepancies.
Working Capital Management
- Review aging report and analyze account history to determine the appropriate action necessary for successfully handling aged debts and skipped or partial payments.
- Communicate with team lead and local business unit Controller regularly and follow up on identified action plans on aged debts or customer disputes.
Quality Claims
- Promote customer intimacy by ensuring swift turnaround of quality claims and issuance of credit notes.
- Ensure the AR adjustments comply with the company’s policies.
- Compile monthly quality claims report for review by plant management.
Financial Reporting - Internal & External
- Reconcile account receivables subledgers to GL.
- Support team lead and local business unit Controller with monthly working capital analysis and sales reporting.
- Support the audit process by managing expectations and providing schedules on a timely basis.
Continuous Improvement
- Contribute to the development and implementation of positive change in the AR function in the Company.
- Leverage on use of technology and implement cost-neutral process enhancements.
Compliance and Internal Controls
- Ensure full adherence to Company’s accounting policies, processes, procedures, authorization levels, and SOX controls.
- Ensure full adherence to document retention as per the requirement by regulatory authorities in the specific country of operations/ business units.
- Develop and implement internal controls to safeguard Company’s assets and ensure compliance with financial regulations.
- Monitor and evaluate the effectiveness of existing internal controls.
- Stay updated on accounting standards, regulations, and compliance requirements to ensure the Company's financial practices align with industry standards and legal obligations.
Service Level and Team Collaboration
- Promote a strong service ethos to support delivery to agreed Service Level Agreements.
- Act as the focal point to ensure effective communication and resolution of operational related issues and decisions.
- Build long-term relationships with Company’s internal stakeholders and leadership team.
- Work closely with other operation functions to ensure seamless coordination of financial activities.
- Participate in continuous improvement initiatives.
- Perform any other duties as assigned by the Team Manager and/or Team Lead.
**Job Requirements**:
- Degree in Accounting/Finance, Business Administration or equivalent with professional qualifications (ACCA/CPA/MIA), fresh graduates are encouraged to apply.
- Fluent in both spoken and written English.
- Independent, strong interpersonal and communication skills.
- Strong analytical and problem-solving skills to identify the root cause of issues and implement corrective actions.
- Able to multi-task, pay attention to details, thrives in fast-paced environments.
- Ability to work APAC normal shift / EMEA afternoon shift.
**_ Only applicants who can legally live and work in Malaysia will be considered._
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