Account Receivable Accountant

Jobstreet Malaysia; Klang City; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading recruitment agency is seeking an accounts receivable specialist in Klang City, Malaysia. The role involves managing collections, maintaining customer credit classifications, and ensuring compliance with accounting policies. Candidates should have at least 3 years of experience in accounts receivable, familiarity with SAP and Concur, and solid Excel skills. Fluency in English is mandatory, and experience with AR automation tools is preferred. This position offers a chance to deepen expertise in a dynamic financial environment.

Qualifications

• Minimum 3 years’ experience in accounts receivable or related fields.
• Proficiency in SAP ERP AR processes preferred.
• Knowledge in dunning and collections workflows.

Responsibilities

• Manage collections and customer credit classifications.
• Ensure timely AR processing and compliance with policies.
• Support resolution of payment issues and unmatched payments.

Skills

Accounts receivable experience

Hands on experience with SAP ERP

Practical experience with Concur

Excel skills

Dunning and collections workflows knowledge

Written and verbal communication skills in English

Experience with AR automation tools

Familiarity with customer bonus accounting

Exposure to multi entity AR operations

Job description

Execute day to day accounts receivable activities: manage collections and dunning, release blocked customers/orders/shipments, maintain customer credit classifications, resolve unmatched payments versus open invoices, perform customer bonus settlement and support AR reconciliations and confirmations. Validate Concur claims against policy and create Concur payments where applicable. Ensure accuracy, compliance with policy and timely delivery of month end AR close and reporting.

General responsibilities and activities include, but is not limited to:

1. Ensure timely and accurate AR processing and collections activity to meet reporting and month end deadlines.
2. Maintain customer credit risk classification and manage release of blocked customers, orders and shipments per credit policy and approval workflows.
3. Support timely resolution of customer payment issues, unmatched payments and provide clear communication to customers and internal stakeholders.

Key responsibilities and activities include, but is not limited to:

1. Manage dunning and collection processes: issue dunning letters, follow up on overdue accounts, manage open items and escalate disputed balances.
2. Release blocked customers, orders and shipments after appropriate credit checks and approval.
3. Maintain and update customer credit risk classifications and limits; support credit reviews and adjustments.
4. Match inbound payments to open invoices; investigate and resolve unmatched/partially matched payments; post unapplied cash/suspense entries where required and liaise with Treasury for bank related issues.
5. Perform customer bonus settlement activities (netting or payment) according to agreed terms and documentation; liaise with Sales/Commercial for reconciliations.
6. Execute accounts receivable reconciliations, assist with external debtor confirmations and resolve reconciling items.
7. Review collection proposals and other collection forms; prepare and update collection plans for assigned customer portfolio.
8. Respond to customer inquiries regarding invoices, payments and account balances in a professional and timely manner.
9. Prepare and distribute overdue and aging reports (including comments and action status) to stakeholders and follow up on agreed actions.
10. Calculate and document bad debt provisions in accordance with accounting policy; prepare supporting schedules for month end close.
11. Review Concur expense/claim items relevant to AR (where business process requires), check compliance against policy and create payment records as required.
12. Maintain AR process documentation, work instructions and quick reference guides; support audits and provide requested schedules.
13. Participate in process improvements and automation initiatives to reduce unapplied cash and shorten DSO.

Skills & Experience – Essential

• Minimum 3 years’ experience in accounts receivable, credit control or collections; hands on experience with SAP ERP 6.0 AR processes preferred.
• Practical experience with Concur (or similar) for claim validation and payment creation.
• Adequate Excel skills (formulas, pivot tables, lookup functions) for reconciliations and reporting.
• Knowledge of dunning, collections workflows, unapplied cash handling and AR reconciliations.
• Adequate written and verbal communication skills in English (required); proficiency in Chinese, Japanese, Thai or Vietnamese is an advantage.
• Experience with AR automation tools, electronic remittance processing or bank feed auto matching.
• Familiarity with customer bonus/rebate accounting and commercial settlement processes.
• Experience performing external debtor confirmations and supporting audit requests.
• Exposure to multi entity/multi country AR operations.