Accounts Payable, AM

CapBay; Petaling Jaya; On-site; MYR 70,000 - 110,000; Full time

Job summary

CapBay Group is seeking an experienced Accounts Payable, AM to oversee the AP function in a fast-paced FinTech environment in Malaysia. You will manage invoices, payments, coding, and reconciliations while leading an AP team to ensure accuracy and timeliness.

You should have a minimum of 5 years in AP, a bachelor's degree, and hands-on experience with Oracle NetSuite. Strong leadership, analytical skills, and a continuous improvement mindset are essential for success at CapBay.

Qualifications

• Bachelor's degree in Accounting, Finance or related field.
• Minimum 5 years in Accounts Payable or related finance role.
• Experience with Oracle NetSuite and AP automation tools preferred.
• Strong leadership and team management skills.

Responsibilities

• Lead and mentor the AP team to achieve high performance.
• Oversee day-to-day AP operations, invoicing, payments, and reconciliations.
• Ensure accurate coding and timely processing in the accounting system.
• Maintain compliance with policies and regulatory requirements.
• Monitor AP ageing and resolve outstanding invoices promptly.
• Collaborate with procurement and treasury for cash flow planning.

Skills

Leadership

Communication

Attention to detail

Problem solving

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Oracle NetSuite

Job description

CapBay operates an award-winning Supply Chain Finance and Peer-to-Peer (P2P) Financing platform. We facilitate inclusive business financing, using existing trade data and relationships. Through our proprietary credit-decisioning model, businesses of all sizes can obtain short-term financing while banks and investors can participate in high-quality financing deals. You can find out more about us at www.capbay.com

About the Role

We are seeking an experienced and detail-oriented Accounts Payable , AM to oversee and manage the Accounts Payable of our dynamic and fast-paced organization. The Accounts Payable , AM will be responsible for ensuring the accuracy and efficiency of the AP process. The ideal candidate will have a deep understanding of AP processes, strong leadership skills, and a commitment to continuous improvement.

Key Responsibilities

In this role, you will be expected to:

• Lead, mentor, and develop the AP team, providing guidance and support to ensure high performance and professional growth.
• Manage day-to-day operations of the AP department, ensuring timely and accurate processing of invoices, payments, and reconciliations.
• Oversee the end-to-end AP process, including invoice receipt, approval confirmation, coding into the accounting software, payment processing, and reconciliation.
• Ensure compliance with company policies, accounting principles, and regulatory requirements in all AP activities.
• Monitor and manage the AP ageing report, ensuring that all outstanding invoices are addressed promptly.
• Continuously evaluate and improve AP processes to enhance efficiency, accuracy, and internal controls.
• Implement and leverage AP automation tools to streamline workflows and reduce manual processing.
• Identify and address bottlenecks or inefficiencies in the AP process, recommending and implementing best practices.
• Collaborate with the accounting team to ensure accurate and timely financial reporting, including month-end and year-end close activities.
• Work closely with the procurement, treasury, and accounting teams to ensure seamless coordination and alignment of AP activities.
• Support the finance department in cash flow management, expense analysis, and financial planning.

Key Qualifications and Requirements

We are looking for someone who is:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Minimum of 5 years of experience in Accounts Payable or a related finance role.
• Experience in a fast-paced environment, preferably within a large organization or a shared services center.
• Strong understanding of end-to-end AP processes, including invoice processing, payment cycles, and vendor management.
• Proficiency in accounting software (Oracle NetSuite) and AP automation tools is preferred.
• Excellent leadership and team management skills, with a proven track record of leading and developing a high-performing team.
• Strong analytical skills and attention to detail, with the ability to identify and resolve issues efficiently.
• Excellent communication and interpersonal skills, with the ability to interact effectively with vendors, team members, and senior management.
• Solid understanding of internal controls, compliance requirements, and financial reporting.
• Strong organizational and time management skills, with the ability to manage multiple priorities and meet deadlines.
• A proactive problem-solver with a continuous improvement mindset.
• Ability to work independently and collaboratively in a team-oriented environment.

Why Join CapBay?

• Shape the future of the accounting department in one of Malaysia's fastest-growing FinTech firms.
• Work at the forefront of financial innovation where technology and finance meet.
• An attractive remuneration package, comprehensive benefits, and a culture that celebrates success.

Our Achievements

• EY Emerging Entrepreneur Of The Year
• Fintech Start-up of the Year Malaysia – The Asset's Triple A Digital Awards
• Best Fintech for Plug & Play Tech Center
• Best FinTech Platform for Supply Chain Finance – The Asian Banker
• Finalist at Global FinTech Hackcelerator and featured at Singapore Fintech Festival