Finance Executive Credit Control

Columbia Asia Hospital - Bukit Rimau; Shah Alam; On-site; MYR 60,000 - 90,000; Full time

Job summary

A healthcare facility in Shah Alam is seeking an individual to manage financial affairs effectively. The role involves overseeing financial viability, coordinating front office operations, and ensuring timely collection of receivables. Candidates should have a relevant degree and experience in finance, ideally within a hospital setting. Excellent communication skills in English and Bahasa Malaysia are essential, alongside the ability to handle pressure.

Qualifications

• Sufficient experience in finance and accounting, preferably in hospital setting.
• Experience in supervisory role.
• Be conversant in English and Bahasa Malaysia, both written and oral.

Responsibilities

• Perform effective credit administration and control procedures to ensure timely collection of receivables.
• Resolve unbilled charges and unpaid bills.
• Closely monitor debtor ageing. Make necessary follow-up calls for payments.

Skills

Financial analysis

Credit administration

Communication skills

Interpersonal skills

Education

Degree/Master in Finance/Business/Accounting

Tools

Microsoft Office applications

Job description

Overall in-charge and responsible for the financial affairs of the hospital with monitoring of financial viability by establishing appropriate financial plans and budgets. Ensure that the financial affairs of the hospital are carried out in accordance with the organization goals, business practices, and hospital policies, in compliance with various regulatory requirements. Coordinate and supervise daily operations of the front office.

Ensure that all general accounting is completed in timely and accurate manner by managing daily operations in accounting, accounts payable and central cash services. Preparation financial reports and general fund operating ledger.

Ensure all debtor levels and kept within manageable limits.

Duties and Responsibilities:

• Perform effective credit administration and control procedures to ensure timely collection of receivables.
• Resolve unbilled charges and unpaid bills.
• Closely monitor debtor ageing. Make necessary follow-up calls for payments.
• Issue letters of reminder and make recommendations to initiate legal action against defaulters.
• Follow up with panel legal firms / debt collector on the legal proceeding against bad or doubtful debtors.
• Visit debtors for collection if required.
• Carry out the evaluation of new debtor application with necessary investigations to justify the credit applications.
• Evaluate credit limit and terms for corporate debtors.
• Ensure all corporate bills are submitted on time and TC bills are submitted upon request.
• Update daily and monthly collection report.
• Update weekly and monthly debtor management report.
• Recommend provision for doubtful debts for long outstanding debts.
• Answer queries on hospital charges.

Education and Requirements:

• Degree/Master in Finance/Business/Accounting
• Sufficient experience in finance and accounting, preferably in hospital setting.
• Experience in supervisory role
• Computer literate and familiar with computer software such as Microsoft Office applications.
• Be conversant in English and Bahasa Malaysia, both written and oral.

Special Demands:

• Reliable and trustworthy
• Have interpersonal and communication skills
• Possess a pleasant and caring personality
• Ability to work under pressure.
• Ability to be on-call.

Columbia Asia Group of Hospitals, established in Malaysia in 1996, is an international healthcare company operating medical facilities in Malaysia, Indonesia, and Vietnam. Columbia Asia hospitals are now part of Asia One Healthcare, which is majority-owned by Hong Leong Group and the global alternative asset management firm, TPG. Since its inception, Columbia Asia has dedicated and provided top-notch healthcare services across Southeast Asia for more than two decades. With 14 advanced medical facilities in Malaysia strategically located in densely populated areas, it aims to provide the best care possible closer to home with its tagline "Right Here For You".