credit controller executive

6 days ago

Petaling Jaya, Selangor, Malaysia First City University College Full time

Job Requirements

Minimum 1-2 years of experience in a credit control or accounts receivable role, preferably within the education industry

Strong numerical skills and proficiency in Microsoft Office applications, particularly Excel

Excellent communication and negotiation skills, with the ability to interact effectively with students

Meticulous attention to detail and the ability to multitask and prioritise effectively

A proactive and solution-oriented approach to problem-solving

Knowledge of credit control policies, procedures, and relevant regulations

Degree in Accounting, Finance, or a related field

Job Descriptions

  1. Process Fees billing and Adjustments

  2. Check subject registration form and post the invoice billing to IBM and CIMS system;

  3. Process the necessary adjustments, example drop & add subject for the tuition fee, discount, scholarship.

  4. Issue Payment Advice

  5. Calculate the subject fees;

  6. Issue payment advice and email to students before semester commences;
  7. 1st reminder letter will be issued to student with outstanding fees; a grace period of 7 days will be given to student;
  8. 2nd reminder letter will be issued to student if he/she fails to make payment. 5% of late payment interest will be charged against the outstanding balance;

  9. Contact students to make payment within 14 days from the date of the 1st reminder. If student fails to make payment, to propose to Registry to de-register the student.

  10. Update Student statement

  11. Create student statement (excel file) for new student registered;

  12. Monitor students' outstanding balances;
  13. Contact students (both Malaysian & International) to ensure payment received on time;

  14. Monitor and update student debtors aging report every month and send to Bursar and Registrar.

  15. Claim Tuition fees received from PTPTN

· Provide fees amount to Registry to claim tuition fees from PTPTN.

· Process refund for security deposit / tuition fees

· Check outstanding balance status;

  • Make necessary adjustments in IBM system (for students registered before 2020) and CIMS system ( for students registered after 2020);
  • Pass to colleague to process the refund payment to students.

Job Type: Full-time

Pay: RM2, RM4,000.00 per month

Benefits:

  • Opportunities for promotion
  • Professional development

Work Location: In person

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