Credit Controller (Based in Petaling Jaya)

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

Benefits offered by this job

General Insurance & Medical Coverage

Performance Bonus

Job summary

Talent Recruit is seeking a Credit Controller based in Petaling Jaya to oversee end-to-end credit management for customers in the FMCG sector. The role focuses on collections, credit evaluation, and account setup within the ERP system, ensuring compliance with internal policies.

The ideal candidate has a finance background, experience in credit control and cash collection, and strong English communication. Proficiency in Salesforce and D365 is advantageous, and immediate availability is a plus.

Qualifications

• Bachelor's degree in finance, accounting, or a related field.
• Proven experience in credit control, credit analysis, and cash collection.
• Fluent in English with excellent communication and negotiation skills.

Responsibilities

• Coordinate collections with customers and resolve billing issues with internal teams.
• Record and address customer issues by collaborating with customer service and sales teams.
• Provide weekly and monthly KPIs to management and track collection effectiveness.

Skills

Credit control

Credit analysis

Cash collection

Negotiation

Communication

Education

Bachelor's degree in finance, accounting, or related field

Tools

Salesforce

Microsoft Dynamics 365

Microsoft Office

Job description

Credit Controller (Based in Petaling Jaya)

About the job Credit Controller (Based in Petaling Jaya)

Company Background

We are representing our client a Multi-National Corporation (MNC) with over 11,000 associates worldwide and is a leading supplier in the foodservice, in-store bakery, retail and industrial marketplaces. They specialize in the manufacturing of an extensive array of delicious products to satisfy the appetite of customers in more than 100 countries and six continents.

Currently they are in the midst of seeking for an experienced candidate to fill the position of Credit Controller based in Petaling Jaya.

• Mon-Fri (8.30am-5.30pm)
• General Insurance & Medical Coverage
• Performance Bonus

Job Responsibilities

1. Collection & Credit Control

• Contact customers to collect overdue payments and resolve billing issues in coordination with internal teams.
• Record and address customer issues by collaborating with customer service and sales teams.
• Provide weekly and monthly KPIs to management, tracking the effectiveness of collection efforts and reduction of overdue balances.
• Lead the preparation of weekly aging reports, communicating overdue accounts to the sales team.
• Offer insights on credit collection during month-end closing.
• Collaborate with the legal team to issue demand letters or manage CTOS e-TR filings with the outsourced team.
• Coordinate with outsourced and sales teams on sending aging reminders, blocking customer accounts, and recovering bad debts.

2.Credit Evaluation

• Lead the setup and enforcement of credit policies in line with internal standards and industry best practices.
• Make informed credit decisions aligned with company policies.
• Continuously monitor credit limits and review customer accounts for compliance with credit policies.
• Evaluate the creditworthiness of potential and existing customers using financial data and credit reports.
• Assess credit risk and recommend adjustments to credit limits in accordance with company policies.
• Maintain accurate records of customer interactions and credit control activities.
• Review sales orders with credit blocks to ensure policy adherence.

3. New Customer Accounts

• Assess the creditworthiness of new customers using CTOS portal, financial statements, and other relevant data.
• Lead the processing of new customer account openings, ensuring accurate information and proper documentation.
• Ensure new customer accounts are correctly set up in the ERP system with appropriate pricing.
• Follow up with sales teams to address any incomplete documentation.

4.Contract Management

• Regularly review and update credit control documents, including customer application forms, sales product agreements, CTOS consent forms, and reminder letters.

5. Reporting

• Lead the preparation of weekly sales target achievement reports with the outsourced team.
• Prepare monthly sales reports for management review and gather feedback from the sales team on performance.

6.Additional Responsibilities

• Manage the clearance of AR aging and contribute to maintaining an updated customer database in the ERP system.
• Coordinate activities related to Unclaimed Money, B2B portals, and safekeeping of receivable documents.
• Recommend and manage trade credit insurance as needed.
• Oversee CTOS account management, including invoice verification and payment processing.
• Manage trade promotions in collaboration with outsourced teams, sales teams, and customers, providing analysis as required.
• Support and undertake ad hoc tasks or assignments as necessary.

Job Requirements

• Bachelor's degree in finance, accounting, or a related field.
• Proven experience in credit control, credit analysis, and cash collection.
• Strong knowledge of credit management principles, policies, and procedures.
• Experience with Salesforce and D365 is an advantage.
• Experience inFMCG or Food Industry is preferred.
• Fluent in English, with excellent communication and negotiation skills.
• Proficient in Microsoft Office applications (Word, Excel, PowerPoint, PowerBI).
• Highly organized, with the ability to multi-task, prioritize, and meet deadlines in a fast-paced environment.
• Immediate availability is a plus.

Only shortlisted candidates will be notified.