Associate OTC

ACCA Careers; Selangor; On-site; MYR 47,000 - 74,000; Full time

Job summary

ACCA Careers seeks an Associate, OTC in Malaysia to support divisions, entities and countries, gaining a deep understanding of regional regulatory and in-country requirements. The role focuses on AR collection and accurate master data.

You will liaise with customers and the commercial team to resolve collection issues, review aging, and prepare AR reports and quarterly forecasts to Treasury. English fluency and MS Office skills are essential; candidates must be resident in Malaysia.

Qualifications

• BA degree in Business or Accounting.
• 2–3 years of credit management experience.
• Knowledge of OTC processes.
• Experience in captive SSC environment preferred.
• Experience with third-party outsource providers an advantage.
• Strong Excel, Word, PowerPoint skills.
• Excellent English language skills.

Responsibilities

• Liaise with customers for prompt AR collection.
• Liaise with commercial team to resolve collection issues.
• Review and approve new customer creation and master data.
• Review and release orders on-hold due to credit limits/overdue AR.
• Review AR aging and generate reports.
• Submit AR reports to corporate treasury.
• Attend AR review meetings with business units.
• Perform AR reconciliation.

Skills

Credit management

OTC processes

Stakeholder management

Excel

Word

PowerPoint

Attention to detail

English proficiency

Education

BA degree in Business or Accounting

Tools

Microsoft Office

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.

Candidates must be resident in Malaysia, or have the right to work in Malaysia.