Credit and Collection Senior Executive/Assistant Manager

Energy Vault; Petaling Jaya; On-site; MYR 80,000 - 100,000; Full time

Job summary

A leading energy solutions company in Petaling Jaya, Malaysia, is seeking a skilled Finance Manager to oversee credit and collection processes. The ideal candidate possesses strong analytical and problem-solving skills with a proven track record in finance functions. This role involves managing receivables, leading a team, and ensuring the achievement of financial objectives in a dynamic environment.

Qualifications

• 5-8 years of experience in credit and collections.
• Strong understanding of solar EPCC / construction industry preferred.
• Fluency in English required.

Responsibilities

• Own the Credit & Collection and Billing processes.
• Manage receivables efficiently to maximize cash flow.
• Lead and coach team members to meet C&C goals.
• Engage with stakeholders to support billing processes.
• Oversee process improvements and operational efficiency.

Skills

Strong results orientation

Excellent communication skills

Problem-solving ability

Analytical skills

Critical thinking

Education

University degree in Finance or equivalent

Job description

Description

Overall Job Purpose:

1. Accountable as the primary owner of Credit & Collection and Billing processes within their geographical scope.
2. 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.
3. Accountable and responsible for the finance billing process.
4. 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.