Junior Executive, Accounts Receivable

DKSH; Kuala Lumpur; On-site; MYR 36,000 - 48,000; Full time

Job summary

A leading company in Kuala Lumpur seeks a Credit Control Specialist to manage credit policies, conduct financial checks, and ensure efficient debt recovery processes. You will support internal stakeholders and improve existing credit control systems. Ideal candidates should have a degree in Accounting or Finance and experience in credit control.

Qualifications

• Up to two years' experience in a similar role.
• Credit control experience is preferred.

Responsibilities

• Implement credit policy and internal controls.
• Conduct financial background checks.
• Track credit collection history and follow-up on payments.

Skills

Analytical Skills

Communication

Fluency in English

Education

Degree in Accounting

Professional qualification in Finance

Tools

SAP

Excel

Word

PowerPoint

Job description

Job Summary
Implement credit policy, processes and internal controls. Conduct financial background and reference checks. Track credit/collection history, follow-up on payments due and coordinate renegotiation activities.

General Responsibilities

• Support manager in managing day-to-day operating expenditures against operating budgets to ensure efficient usage of resources.
• Implement credit policy, processes and internal controls to ensure governance over the credit control/collections function.
• Conduct new customers' financial background and reference checks to verify creditworthiness. Provide check results to facilitate decisions on credit limit assignments.
• Track the credit and collection history of existing customers. Analyze customers' payment performance and check for potential credit risks to mitigate potential payment defaults.
• Follow-up on payments due and check against assigned credit limit/credit policy. Highlight potential.
• Debt recovery issues and suggest solutions to recover debts.
• Coordinate activities related to renegotiation of customer payment plans and reassignment of credit limits to ensure recoverability of debts.
• Implement continuous improvement initiatives to streamline existing credit control processes and improve efficiencies through a better utilization of automated systems.
• Work closely with internal stakeholders in monitoring collections (e.g. days sales outstanding, monthly collection targets, etc.) and resolving customer payment issues.
• Work closely with customers on collections and reconciliation of balances to ensure accurate and timely recovery of payments.
• Support daily operation including order releasing.
• Download the claims from retailers portal, allocate the cost by client, uploading to Exceedra for BU to validate the claims.
• Follow-up on dispute A&P cases, Credit Note and Refund status from BU/Customer.
• Implement continuous improvement initiatives to streamline existing A&P processes and improve efficiencies through a better utilization of automated systems.
• Work closely with internal BU/AR in monitoring Clearing A&P issues, update A&P matrix if any movement in BU.
• Coordinate activities related to overdue aging in main account, WID & U aging, propose charge to PnL.
• Track the AR main account parking (R13) amount have been deducted on payment, check with BPO/Customer for the documents or details status to clear the park amount.
  
  
  

Functional Skills And Knowledge

• Demonstrate good working knowledge and understanding of the business and industry.
• Demonstrate good working knowledge and application of local/international accounting standards, principles and practices; credit control experience is preferred.
• Proven hands-on experience in SAP accounting applications is an advantage.
• Demonstrate basic research and analytical skills.
• Demonstrate proficiencies in office productivity tools.
• (e.g. Excel, Word and PowerPoint)
• Demonstrate fluency in local language and ideally in English, both written and spoken.
  
  
  

Education

Degree or professional qualification in Accounting/Finance or a related discipline.

Work Experience
Up to two years' experience in a similar role.