Finance Executive (AR & AP)

The Only BnB; George Town; On-site; MYR 100,000 - 150,000; Full time

Job summary

A local hospitality establishment in Penang is looking for an Accounts Receivable & Payable professional. The role involves generating accurate invoices, monitoring customer accounts, and processing vendor payments while ensuring compliance with accounting standards. Ideal candidates will have a relevant degree and 1–3 years of experience in finance and accounting tasks. Proficiency in Microsoft Excel and accounting software, along with strong attention to detail, is essential. Join a supportive team and contribute to efficient financial operations.

Qualifications

• 1–3 years of relevant experience in Accounts Receivable (AR) and Accounts Payable (AP).
• Familiar with billing, invoicing, collections, and payment processing.
• Able to meet deadlines and handle multiple tasks.

Responsibilities

• Generate and issue customer invoices accurately and on time.
• Monitor customer accounts and ensure timely collection of outstanding receivables.
• Verify vendor invoices for accuracy and compliance with company policies.
• Process vendor payments as per agreed credit terms.
• Ensure proper accounting entries in ERP/accounting systems.

Skills

Billing and invoicing

Collections management

Attention to detail

Accounting software proficiency

Microsoft Excel

Education

Diploma or Bachelor’s Degree in Finance, Accounting, or related field

Job description

Accounts Receivable (AR)

Generate and issue customer invoices accurately and on time.

Monitor customer accounts and ensure timely collection of outstanding receivables.

Follow up with customers on overdue invoices via email, phone, or written communication.

Maintain aging analysis and elevate long‑outstanding balances to management.

Post customer receipts and perform regular AR reconciliations.

Resolve billing discrepancies and customer disputes efficiently.

Support month‑end and year‑end closing related to receivables.

Accounts Payable (AP)

Verify vendor invoices for accuracy, approvals, and compliance with company policies.

Process vendor payments (bank transfer, cheques, online payments) as per agreed credit terms.

Ensure timely booking of expenses and accruals.

Handle vendor queries related to invoices and payment status.

Support audit requirements by providing AP documentation and schedules.

General Accounting & Compliance

Ensure proper accounting entries in ERP/accounting systems.

Maintain organized documentation for audit and compliance purposes.

Assist in cash flow forecasting related to receivables and payables.

Ensure adherence to accounting standards, tax regulations, and internal controls.

Coordinate with internal teams such as Sales, Procurement, and Operations.

Requirements

• Diploma or Bachelor’s Degree in Finance, Accounting, or related field
• 1–3 years of relevant experience in Accounts Receivable (AR) and Accounts Payable (AP)
• Familiar with billing, invoicing, collections, and payment processing
• Proficient in Microsoft Excel and accounting software
• Good attention to detail and accuracy
• Able to meet deadlines and handle multiple tasks