Associate OTC

Thornton Tomasetti; Selangor; On-site; MYR 60,000 - 90,000; Full time

Job summary

Abbott in Malaysia, Imazium, Selangor, is seeking an Associate, OTC to support divisions and in-country requirements. The role handles AR collection, customer master data approvals, and quarterly AR reporting, with emphasis on accuracy and cross-functional collaboration within a Shared Services center.

The position requires a BA in Business or Accounting and 2–3 years of credit experience, along with strong Excel/Word/PowerPoint skills and excellent English.

Qualifications

• BA degree in Business or Accounting.
• 2–3 years of credit experience including all aspects of credit management.
• Knowledge of overall OTC processes.
• Experience in a captive SSC environment preferred.
• Experience with third-party outsource providers is an advantage.
• Ability to interact with internal and external parties at various levels.
• Attention to detail with a drive for continuous improvement.
• Proficient in Excel, Word and PowerPoint.
• Excellent English language skills.

Responsibilities

• Liaise with customers for prompt collection of AR balances.
• Coordinate with commercial team to resolve collection issues and on-hold orders.
• Approve new customer creation and master data maintenance.
• Review AR aging reports and escalate as needed.
• Quarterly collection forecast to corporate treasury.
• Submit AR reports to corporate.
• Month-end AR reversals and DS0/aging reporting.
• Attend AR review meetings with business units.

Education

BA in Business or Accounting

Tools

Excel

Word

PowerPoint

Job description

JOB DESCRIPTION: The Associate, OTC will support divisions, legal entities and countries as assigned to gain, over time, a deep understanding of the various business divisions, and the unique attributes of the legal entity, regulatory, and in-country requirements associated with the region.

Main Responsibilities

• Liaise with customers for prompt collection of due AR balances.
• Liaise with commercial team to resolve issues relating to collection, and on-hold orders.
• Knock collection again AR balance.
• Denied Party Screening of new customers and quarterly for all customers & banks.
• Review and approve new customer creation.
• Review and approve customer master data maintenance.
• Review and approve customer master data change audit trail.
• Review and release customer orders that are on-hold due exceeding of credit .limit or overdue AR.
• Review AR aging reports for escalation if necessary.
• Validate customer rebate calculations.
• Quarterly collection forecast to corporate treasury.
• Submit AR reports to corporate.

Month-end Activities

• Calculation of AR reverse as per policies.
• Generate and send Statement of Accounts to customers.
• Prepare and furnish to business units DSO report, AR aging report, and overdue AR report.
• Compile detailed AR reports for Shared Services Hub Perform AR reconciliation.
• Attend AR review meeting with business units.

Experience/Background

• BA degree in Business or Accounting.
• 2-3 years of credit experience inclusive of all aspects of credit management.
• Knowledge and understanding of overall OTC processes.
• Prior recent experience working in a captive SSC environment preferred.
• Experience with 3rd party outsource providers an advantage.
• Strong ability to interact with internal and external parties at various levels.
• Attentive to detail with a propensity for continuous improvement.
• Reasonable skill level in Excel, Word, Powerpoint.
• Excellent English language skills.

The base pay for this position is N/A In specific locations, the pay range may vary from the range posted.

JOB FAMILY

General / Shared Services

DIVISION

IFO International Finance

LOCATION

Malaysia > Selangor : Imazium, No. 8, Jalan SS 21/37

WORK SHIFT

Standard

TRAVEL

No

MEDICAL SURVEILLANCE

Not Applicable

SIGNIFICANT WORK ACTIVITIES

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential — because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions — across the spectrum of health, around the world, for all stages of life. Whether it’s next‑generation diagnostics, life‑changing devices, science‑based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well‑being of millions of people. They push the boundaries to help manage and treat some of life’s greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings.

An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce.

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