Finance Associate – Accounts Receivable (Temporary)

FPG Oleochemicals Sdn Bhd; Kuantan; On-site; MYR 48,000 - 72,000; Full time

Benefits offered by this job

Medical

Education support

Loans

Dental

Sports (Gym)

Parking

Anniversary Awards

Wellness Program

Job summary

FPG Oleochemicals Sdn Bhd is seeking a Finance Associate – Accounts Receivable (Temporary) to handle all AR processes and SAP postings, ensuring accuracy and compliance. You will generate invoices, reconcile customer statements, support audits, and assist in AR policy updates in a fast-paced plant environment in Kuantan.

The ideal candidate holds a university degree in Accounting or Business, has 3 years AR or related accounting experience, and is proficient in SAP FI/CO, MS Office, and English,

Qualifications

• University degree in Accounting or Business.
• 3 years experience in accounts receivable or other accounting function.
• In-depth knowledge of Accounts Receivable and other accounting functions.
• Knowledge of SAP FI/CO modules relating to Accounts Receivable.
• Knowledge of local accounting standards.
• Knowledge and experience in using MS Office tools.
• Proficiency in spoken and written English.
• Able to work independently with minimum supervision and integrity.
• Able to work in a fast-paced and high-volume environment, with emphasis on accuracy and timeliness.
• Good problem-solving skills.
• A good team player.

Responsibilities

• Execute all Accounts Receivable-related work processes, including proper validation of all sales transactions and posting in SAP before invoicing.
• Ensure revenue is accurately captured in SAP, including revenue reconciliation and M1/M2 split runs.
• Generate and prepare sales invoices for foreign and local sales to be sent to customers.
• Resolve outstanding payments from P&G.
• Reconcile local and foreign customer statements and General Ledger accounts, investigate and correct discrepancies, and recommend appropriate solutions.
• Prepare by-product and bottoms reconciliation and highlight any discrepancies or issues.
• Verify M1 pricing calculations from P&G and analyse discrepancies.
• Analyse monthly Alcohol Ethoxylate equalisation and submit the report to P&G.
• Analyse and track EO cross charges to ensure accuracy and completeness.
• Develop the stationery budget and monitor expenses to achieve targets.
• Ensure timely submission of monthly, quarterly, and annual surveys to BNM, MPOB, and the Department of Statistics.
• Prepare supplementary financial information for P&L, including SMF, TAF, manufacturing service fees, and cost recovery.
• Prepare external audit schedules and liaise with external auditors.
• Assist in creating and updating the Accounts Receivable policies and procedures manual.
• Maintain files and documentation thoroughly and accurately in accordance with company policies.
• Prepare and issue Credit Notes and Debit Notes relating to sales adjustments, price differences, and scrap sales.
• Update monthly pricing in SAP.
• Prepare Debit Notes for monthly cross charges to P&G and quarterly M2 recovery.

Skills

Accounts Receivable

SAP FI/CO

MS Office

English

Analytical thinking

Team player

Education

Accounting degree

Business degree

Tools

SAP

Job description

Finance Associate – Accounts Receivable (Temporary)

Effectively perform the FPG accounts receivable function and ensure strict compliance of procedures and practices in order to ensure legal compliance and meet the finance and accounting standard of FPG, local company legal and statutory requirements.

PRINCIPAL ACCOUNTABILITIES:

Execute all Accounts Receivable-related work processes, including proper validation of all sales transactions and posting in SAP before the invoicing process.

Ensure revenue is accurately captured in SAP, including revenue reconciliation and M1/M2 split runs.

Generate and prepare sales invoices for foreign and local sales to be sent to customers.

Resolve outstanding payments from P&G.

Reconcile local and foreign customer statements and General Ledger accounts, investigate and correct discrepancies, and recommend appropriate solutions.

Prepare by-product and bottoms reconciliation and highlight any discrepancies or issues.

Verify M1 pricing calculations from P&G and analyse any discrepancies.

Analyse monthly Alcohol Ethoxylate equalisation and submit the report to P&G.

Analyse and track EO cross charges to ensure accuracy and completeness.

Develop the stationery budget and monitor expenses to achieve the required targets.

Ensure timely submission of monthly, quarterly, and annual surveys to BNM, MPOB, and the Department of Statistics.

Ensure timely submission of bi-monthly sales tax declarations and payments, where applicable.

Prepare supplementary financial information for P&L, including SMF, TAF, manufacturing service fees, and cost recovery.

Prepare external audit schedules and liaise with external auditors where necessary.

Liaise with internal auditors regarding CSA matters related to the Accounts Receivable area.

Assist in creating and updating the Accounts Receivable policies and procedures manual.

Maintain files and documentation thoroughly and accurately in accordance with company policies and accepted accounting practices.

Prepare and issue Credit Notes and Debit Notes relating to sales adjustments, price differences, and scrap sales.

Update monthly pricing in SAP.

Prepare Debit Notes (DN) for monthly cross charges to P&G and quarterly M2 recovery.

Perform any other tasks as assigned by FPG Management or as required by the changing business environment.

KNOWLEDGE, EXPERIENCE AND SKILLS:

Education

University degree in Accounting or Business

3 years experience in accounts receivable or other accounting function

Technical & Professional Knowledge

In-depth knowledge and understanding of Accounts Receivable and other accounting functions.

Knowledge of SAP system, particularly the FI and CO modules relating to Accounts Receivable.

Knowledge of local accounting standards.

Knowledge and experience in using MS Office tools.

Proficiency in spoken and written English.

Able to work independently with minimum supervision and demonstrate a high level of integrity.

Able to work in a fast-paced and high-volume environment, with emphasis on accuracy and timeliness.

Good problem-solving skills.

A good team player.

Perks and benefits

• Medical Education support Loans Dental Sports (e.g. Gym) Parking Service Anniversary Awards, Wellness Program, Perf

FPG Oleochemicals Sdn Bhd was incorporated in July 1989 as a joint venture between FGV Holdings Bhd and The Procter & Gamble Company, USA (P&G). Our oleochemical operations is strategically located in the Kuantan Port industrial area. Our plant commenced operations in 1993 and is one of the largest oleochemical companies in the world.

Our range of products include natural-based industrial fatty alcohol, methyl ester and refined glycerin. Our products are all sold to P&G, one of the largest consumer products company in the world, which has a large captive use of these oleochemical products for their internal business.

Our principal raw material is palm kernel oil which is sourced primarily from Malaysian producers.

Our products meet stringent international standards and certification. The plant has won numerous awards over the years, including various safety awards from MSOSH. It was also previously voted the best oleochemical company in Malaysia by the Malaysian Palm Oil Board.

In line with our continued growth, we seek dynamic individuals to join us in the following position.

FPG Oleochemicals Sdn Bhd was incorporated in July 1989 as a joint venture between FGV Holdings Bhd and The Procter & Gamble Company, USA (P&G). Our oleochemical operations is strategically located in the Kuantan Port industrial area. Our plant commenced operations in 1993 and is one of the largest oleochemical companies in the world.

Our range of products include natural-based industrial fatty alcohol, methyl ester and refined glycerin. Our products are all sold to P&G, one of the largest consumer products company in the world, which has a large captive use of these oleochemical products for their internal business.

Our principal raw material is palm kernel oil which is sourced primarily from Malaysian producers.

Our products meet stringent international standards and certification. The plant has won numerous awards over the years, including various safety awards from MSOSH. It was also previously voted the best oleochemical company in Malaysia by the Malaysian Palm Oil Board.

In line with our continued growth, we seek dynamic individuals to join us in the following position.