Account Executive - Account Receivable (AR) Hybrid

Luxury Careers Pte. Ltd.; Kuala Lumpur; Hybrid; MYR 54,000 - 96,000; Full time

Job summary

Luxury Careers Pte. Ltd. in Kuala Lumpur is seeking an Account Receivable Executive to join our luxury retail client. This hybrid role focuses on maintaining AR records, reconciling transactions, and ensuring payments are correctly applied across the AR ledger.

The ideal candidate has 3+ years of experience in FMCG or retail, strong accounting knowledge, and proficiency in SAP and MS Office. You will liaise with bankers, landlords, and internal teams while supporting monthly reporting and audits.

Qualifications

• Minimum of 3 years of experience, preferably within FMCG or retail sectors.
• Strong knowledge of accounting and tax regulations.
• Proficiency in SAP and MS Office applications (Excel, PowerPoint, Word).

Responsibilities

• Accurately maintain and update all accounts receivable records.
• Reconcile daily sales transactions with accounts receivable data.
• Ensure precise recording and application of all payments to the correct accounts.
• Verify voided receipts and manage customer refunds and AR aging.
• Collaborate with Retail Sales and Trade Marketing to resolve billing discrepancies and improve invoicing processes.
• Monitor overdue accounts and follow up with merchants and landlords to collect payments.

Skills

Analytical skills

Problem-solving

Communication

Attention to detail

Tools

SAP

Excel

PowerPoint

Word

Job description

Account Executive - Account Receivable (AR) Hybrid

Public Transport: MRT Bukit Bintang, Monorail Bukit Bintang

Work Mode: Hybrid Work Model

Industry: Luxury Retail

We're seeking a talented Account Receivable Executive to join my client in the luxury retail house in KL. If you're passionate about numbers, meticulous in your work, and thrive in a fast-paced environment, we want to hear from you!

Main Responsibilities

Accurately maintain and update all accounts receivable records.

Reconcile daily sales transactions with accounts receivable data.

Ensure precise recording and application of all payments to the correct accounts.

Verify voided receipts and manage customer refunds and accounts receivable aging.

Collaborate with the Retail Sales and Trade Marketing teams to promptly resolve billing discrepancies and enhance invoicing processes.

Monitor overdue accounts, following up with merchants and landlords to collect outstanding payments and minimize bad debt risk.

Oversee the account and update customer information in SAP as necessary.

Prepare and manage monthly sales reports.

Perform monthly bank reconciliations.

Prepare and manage monthly sales reporting to landlords.

Extract redemption information and send it to stores for confirmation, preparing debit notes on a monthly basis.

Handle journal entries related to accounts receivable.

Manage and issue invoices for non-trade transactions.

Process AP Licenses Vendor invoices and credit notes.

Arrange and store physical sales receipts from store to office.

Support stock take activities.

Ensure adherence to strict reporting guidelines by managing and implementing appropriate work processes.

Assist in audits by providing necessary documentation as required.

Liaise with bankers, local authorities, and internal stakeholders, offering robust support.

Perform any other duties or projects as assigned.

The candidate we are looking for should have:-

Minimum of 3 years of experience, preferably within the FMCG or retail sector.

Strong knowledge of accounting and tax regulations, along with hands-on experience in accounting practices.

Proficiency in SAP, and MS Office applications (Excel, PowerPoint, Word).

Strong analytical and problem-solving skills.

Excellent communication and interpersonal skills, with the ability to work independently and meticulously under pressure and within tight reporting timelines.

If you're ready to take on this exciting opportunity and contribute to our team's success, We offer competitive compensation and growth opportunities.