Executive, Finance

AFA Group; Batu Caves; On-site; MYR 47,000 - 69,000; Full time

Job summary

AFA Group in Malaysia seeks an Executive, Finance to oversee end-to-end accounts receivable activities, ensure accurate revenue recognition, timely invoicing, debtor reconciliation, and effective debt collection. The role emphasizes compliance with accounting policies and statutory requirements.

Responsibilities include invoicing, payment processing, AR aging monitoring, GL maintenance, and AR reporting. You will assist budgeting, ad-hoc analysis, and liaise with auditors and tax agents.

Qualifications

• Degree in Accounting, Finance or equivalent.
• Minimum of 2 years working experience in Finance and Accounting field.
• Experience in handling Accounts Receivable and preparing Financial Reporting.
• Proficient in Bahasa Malaysia and English.
• Familiar with Oracle ERP System will be an added advantage.

Responsibilities

• Manage end-to-end accounts receivable processes, including invoicing and debt collection.
• Prepare tax invoices, credit notes, and debit notes, and process intercompany back-charging.
• Process receipts and monitor AR aging to ensure timely collections.
• Reconcile debtor accounts and maintain GL and AR sub-ledgers.
• Record AR transactions in Oracle ERP System and perform journal adjustments.
• Assist with budgeting, ad-hoc financial analysis, and liaise with auditors and tax agents.
• Maintain a systematic filing system for financial records.

Skills

Oracle ERP

Education

Degree in Accounting/Finance or equivalent

Tools

Oracle ERP System

Job description

The Executive, Finance is responsible for managing end-to-end accounts receivable process, ensuring accurate revenue recording, timely invoicing, debtor reconciliation, and efficient debt collection.

1 Invoicing

• Prepare and issue accurate tax invoices, credit notes, and debit notes to debtors in a timely manner.
• Process back-charging for intercompany expenses and shared costs incurred on behalf of related entities.
• Ensure all billing transactions comply with company accounting policies and statutory tax requirements.

2 Payment Processing & Collections

• Issue official receipts for all incoming payments received from debtors via bank transfer, cheque, or payment getaways.
• Monitor Accounts Receivable (AR) aging and follow up on outstanding payments to ensure timely collections.
• Maintain and manage tenant deposit accounts (if applicable), including reviewing and processing refund or waiver requests.

3 Reconciliation & Ledger Maintenance

• Perform monthly debtor account reconciliations and promptly resolve any billing, payment, or rate discrepancies.
• Monitor Accounts Receivable aging reports regularly and actively follow up with clients on outstanding payments to minimize credit risk and ensure timely collections.
• Maintain and update the General Ledger (GL) and Accounts Receivable subsidiary ledgers to ensure data completeness and accuracy.
• Prepare and process necessary journal voucher for AR-related adjustments, bad debt provisions, or write-offs.
• Update and maintain the cash book promptly and accurately.

4 Financial Reporting

• Assist in preparing periodic AR aging schedules, cash flow projection, and related financial management reports.
• Accurately record financial transactions in the ERP system (Oracle NetSuite).
• Prepare and process journal entries, ensuring proper classification and reconciliation of relevant accounts.
• Assist in the preparation of related financial reports.
• Maintain and update the General Ledger and subsidiary ledgers, ensuring al financial data related to accounts receivable is complete and accurate.

5 Assist with budgeting and projection exercises, as well as ad-hoc financial analysis as required.

6 Liaise with external auditors, tax agents, and company secretaries during annual audits and

regulatory compliance reviews.

7 Maintain a systematic and organized filing system for physical and digital financial records.

8 Perform ad-hoc tasks and other duties assigned by superior from time to time.

REQUIREMENTS:

• Possess Degree in Accounting, Finance or equivalent.
• Minimum of 2 years working experience in Finance and Accounting field.
• Experience in handling Account Receivables and preparing Financial Reporting.
• Proficient in Bahasa Malaysia and English
• Familiar with Oracle ERP System will be an added advantage.