Executive (Accounts Receivable)

Job Purpose

Execute and monitor Accounts Receivable (AR) operations—including billing, collections, credit control, and customer account reconciliation—to ensure accurate and timely revenue recognition, optimize cash flow, and maintain compliance with company policies, internal controls, and applicable accounting standards.

Key Accountabilities

1.Accounts Receivable Operations

• Process customer billings accurately and on time according to Commercial agreements and Accounting Standards.
• Execute the implementation and delivery of Trade Billing activities through detailed planning, standardization of work procedures and processes, clearing and reconciliation, and performance monitoring in accordance to policies and procedures and statutory requirements.
• To ensure no Revenue leakages, with invoice documentations substantiated, and issued on time per stipulated agreements.

2.Credit Control & Monitoring

• Monitor customer payments and follow up for outstanding receivables to ensure timely collections.
• Track customer payment terms, and overdue balances to minimize credit risk exposure.

3.Customer & Internal Liaison

• Coordinate internally with Commercial, Planning and Operation teams for execution of invoices.
• Managing Trade Off takers on invoicing matters & issue resolutions, collections and monitor ageing receivables via detailed understanding of the end-to-end process from Goods Issuance to Cash collections.
• Addressing Off takers & Customer inquiries and disputes in a timely and professional manner.

4.Account Reconciliation

• Reconcile AR sub-ledger with General Ledger and verify customer account balances.
• Investigate and resolve discrepancies or unapplied receipts in collaboration with Finance and Commercial teams.

5.Reporting & Documentation

• Prepare monthly AR ageing analysis, collection status reports, and cash application summaries.
• Manage day-to-day AR Sales and Volume reporting, month-end closing activities for revenue recognition, and monthly reporting such as Ageing, Statement of Account (SOA), SST- Sales tax reporting to Customs, Cashflow Forecast and KPI.
• Maintain accurate and complete AR documentation for audit and management review.

6.Advisory on Receivables / Billing related matters

• Support and provide consultative advice on Billing / Invoicing matters pertaining to operations, processes and requirements as to ensure documentations are in place and no revenue leakage or cost are recovered on timely manner.
• To ensure full compliance to related contracts & agreements, Service Level, and in strict compliance to Finance SOP, LOA & Governance and ERP's segregation of duties.

7.HSSE Compliance

• Exemplifies a commitment to prioritizing safety and adhering rigorously to OSHA rules and regulations.
• Must adhere to all company policies, procedures, and regulations related to Health, Safety, Security, and Environment (HSSE) in the workplace.

Communications & Working Relationship

• Internal —
  On top of Finance & Risk Management, other critical stakeholders are Business & Services (Commercial, Business Planning, PLOSH, Procurement teams), Planning & Optimization, Refinery & Petrochemical Operation teams, HSSE.
• External —
  Shareholder's Controller teams, 3rd party customers.

Qualifications & Experience

• Bachelor's degree in accounting, Finance, Business Administration or related field with similar qualification.
• Minimum 8 years General Accounting experience preferably in industrial, refinery, or petrochemical sectors.
• Preferably Executive/ Senior Executive specializing in Finance/ Accounting or equivalent, with knowledge in fundamental accounting concepts/ principles, practices and procedures.
• Understanding of AR processes, billing, collection, and revenue recognition, as well as general accounting principles and practices.
• Ability to handle high volume and adapt to complex work environment, and changes in business landscape.
• Familiarity onwards accounts receivable (AR), accounting, billing, invoicing, cashflow forecast, statement of account (SOA), ageing, accruals.
• Experience and knowledge in using Accounting ERP system is preferred (e.g. SAP).
• Knowledge of accounting standards and internal control requirements.
• Accounting certifications (ACCA, CIMA, ICAEW, MICPA, or CFA) are an added advantage.

Technical Knowledge/Competencies

1.Accounts Receivable

• Proficient in overseeing end-to-end AR processes, including billing, invoicing, cash application, and collection tracking.
• Ensures timely and accurate recognition of revenue in compliance with accounting standards.

2.Credit Control & Customer

• Ability to assess customer creditworthiness, manage credit limits, and mitigate risk exposure.
• Skilled in resolving customer payment disputes and maintaining strong business relationships.

3.Financial Reconciliation & Reporting

• Expertise in reconciling AR sub-ledgers with the General Ledger and preparing AR ageing analysis.
• Ability to generate and interpret AR performance metrics and collection forecasts for management.

4.Cash Flow Forecasting & Liquidity Coordination

• Coordinates with Treasury to align cash collection plans with funding and liquidity requirements.
• Monitors DSO performance and provides recommendations to improve working capital efficiency.

5.Audit & Compliance

• Ensures adherence to internal control frameworks, statutory reporting, and audit standards.
• Maintains accurate documentation for audit trails and financial governance.

Preferred Skills

• Strong analytical and numerical skills with attention to detail.
• Proficient in Microsoft Excel and accounting software.
• Ability to prioritize tasks, meet deadlines, and maintain data accuracy.
• Strong problem-solving and decision-making skills for critical AR and financial issues.
• Ability to manage multiple stakeholders and handle high-pressure situations effectively.
• Customer-oriented (internal and external) with good communication and negotiation skills.
• Able to communicate and work within a team environment and within an environment of constant changes.

Work Condition

Physical Demand —
Primarily office-based for data analysis, reporting, and coordination with internal and external stakeholders. Occasional off-site meetings or discussions with business units or customers.

Work Environment —
Work is performed in office, and operation plant environments.

Must comply with Health, Safety, Security, and Environment (HSSE) guidelines, including wearing personal protective equipment (PPE) in production areas.

Standard office working hours with potential for extended hours during month-end closing, audits, or reconciliation cycles.

Why join us?

• Competitive salary and benefit package
• JV of giants (PETRONAS and Saudi Aramco)
• Future leading world class integrated refinery and petrochemicals producer.