Accounts Receivable Analyst

gradmalaysia.com; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading financial services company in Kuala Lumpur is seeking a candidate for a position in accounts receivable management. Responsibilities include generating invoices, reconciling cash receipts, and monitoring customer accounts. Applicants should possess a background in finance or accounting, along with proficiency in SAP and Microsoft Office applications. Experience in credit or accounts receivable is preferred. Join a collaborative team focused on achieving financial objectives.

Qualifications

• 1 year experience in accounting or finance is required.
• Experience in credit or accounts receivable is preferred.

Responsibilities

• Create customer AR invoices, debit and credit memos as directed.
• Reconcile and enter customer cash receipts based upon customer remittance instructions.
• Review payment discrepancies and create disputes.

Skills

Proficient in Microsoft Excel

Knowledge in SAP

Communication Skills

Education

Finance or Accounting or Business with accounting knowledge

Tools

Microsoft Outlook

PowerBI

Job description

• Create customer AR invoices, debit and credit memos as directed
• Reconcile and enter customer cash receipts based upon customer remittance instructions
• Monitor invoice out-put and mail manual invoices within assigned portfolio
• Complete SAP Collection Specialist Worklist-Open Items (e.g., past dues invoices, debit claims, understanding the reason for credit memos, or open cash receipts within assigned portfolio)
• Ensure timely follow-up on broken promises and document outcomes in the Collections Specialist Worklist – Customer Contacts or Promise-to-Pay note fields
• Determine the root cause of slow payments and escalate serious account issues or potential losses to Credit Analyst, Sales management and/or Operations management according to policy
• Review payment discrepancies and customer claims for validity with customer programs or contracts and create disputes
• Process according to the policy, monitor for trends within a customer’s portfolio
• Escalate serious issued and recommended actions for resolution ensuring full resolution of a dispute as the “Dispute Coordinator”
• Ensure consistent and accurate documentation of all customer activities within the collections module and SAP.
• Monitor accounts receivable aging of assigned portfolio using the SAP collections module and other reporting or applications, including proficient use of Microsoft Office applications
• Provide accurate and concise documentation to support settlement negotiations with customers
• Support department goals and key performance indicators
• Report doubtful accounts in compliance with Allowance for Doubtful Accounts policy
• Complete write-off requests in compliance with Bad Debt Write-Off policy
• Participate in cash flow forecast
• Perform Month End Close and Controls
• Support monthly cash reconciliation
• Participate in Monthly Aging Review
• Support Account Receivable Operations Controls in compliance with SOX and department policies
• Promote Teamwork and Communication
• Communicate account issues to management, Sales, members of the Credit and AR team, or other stakeholders in accordance with policies and procedures
• Establish and maintain cooperative and productive work relationships seeking win-win solutions with internal and external customers
• Negotiate settlement agreements between customers and the company
• Participate in department and/or cross functional projects supporting company objectives

Education Required

• Finance or Accounting or Business with accounting knowledge
• Related field of study

Experience Required

• 1 year experience in any of the following:
• Accounting / Finance Desired
• 1 year experience in any of the following:
• Credit or Accounts Receivable

Language & Skills Required

• Proficient in Microsoft Excel, Outlook Desired
• Knowledge in SAP, PowerBI or other RPA tools