Credit and Collection Senior Executive/Assistant Manager

Solarvest; Petaling Jaya; On-site; MYR 60,000 - 90,000; Full time

Job summary

A leading company in the solar energy sector is seeking a Credit & Collection Manager to oversee billing processes and receivables management. The ideal candidate will have 5-8 years of experience, focusing on maximizing cash flow, minimizing debts, and enhancing operational efficiency through effective team management. Candidates should possess strong analytical and communication skills, a degree in Finance, and preferably knowledge of the solar EPCC/construction industry.

Qualifications

• 5-8 years of experience in credit and collections.
• Strong results orientation and commitment to achieving targets.
• Excellent communication skills, fluent in English.

Responsibilities

• Manage receivables efficiently to maximize cash flow and minimize bad debts.
• Drive achievement of collection and billing objectives.
• Manage dispute resolution and bad debts.

Skills

Communication skills

Problem-solving ability

Analytical skills

Education

University degree in Finance

Job description

Overall Job Purpose:

• Accountable as the primary owner of Credit & Collection and Billing processes within their geographical scope
• Manages receivables on behalf of Solarvest entities efficiently and cost-effectively, aligned with internal and external policies, to maximize cash flow and minimize bad debts
• Accountable and responsible for the finance billing process
• Ensures achievement of Credit & Collection (C&C) process KPIs.
  
  

Key Responsibilities:

• Provides leadership, guidance, and coaching to direct reports; develops and monitors yearly C&C goals and performance targets
• Drives the achievement of quarterly and annual collection and billing objectives through active team management and strategic initiatives
• Facilitates cross-functional communication and engagement with internal and external stakeholders to support collections and billing processes
• Leads projects and change management initiatives to implement process improvements and enhance operational efficiency
• Ensures a robust internal control framework is implemented, maintained, and followed within the scope of responsibility
  
  

Main task:

• Collection: Define, implement, and review collection strategies and treatment plans to achieve quarterly collection goals and enhance cash flow
• Dispute management: Manage resolution of escalated issues and disputes from customers, business development teams, and operations
• Managing bad debts: Engage solicitors and collection agencies; approve handover of cases; oversee receivables write-offs and customer bankruptcy matters
• Authorization: Approve non-standard payment terms, refunds, payment plans, credit holds, commission payments to business development, and P&L adjustments (bad debt provision, write-offs)
• Monitor and manage receivables aging reports, ensuring timely follow-up on overdue accounts and initiating corrective actions to mitigate risk of bad debts
• Reporting: Responsible for commentary reporting; review reports and identify trends; contribute to specific reports, ad hoc reporting, and month-end results reporting
• Process optimization: Track and monitor efficiency and effectiveness of C&C processes; develop countermeasures for root causes of problems, risks, and inefficiencies; follow up on results and proactively identify new risks through regular process and system walk-throughs
  
  

Requirements

• University degree in Finance or equivalent plus 5-8 years of experience in related field
• Excellent understanding of solar EPCC / construction industry (preferred).
• Strong results orientation and commitment to achieving targets.
• Excellent communication skills (verbal and written), fluent in English
• Strong problem-solving ability with sound evaluation and solution implementation skills.
• Strong analytical and critical thinking skills.