Finance Manager (Trade Receivables & Payables)

BIG Pharmacy Healthcare Sdn Bhd; Klang City; On-site; MYR 60,000 - 80,000; Full time

Job summary

A healthcare company in Klang City seeks a Finance Manager to oversee accounts receivable and payable processes. You will develop strategies to minimize overdue accounts and enhance vendor relationships. Responsibilities include financial reporting, budgeting, and team management. The ideal candidate holds a Bachelor's degree in Finance or Accounting and possesses strong analytical and leadership skills. Proficiency in SAP is essential. This role offers a dynamic work environment in a reputable organization.

Qualifications

• Proven experience in a finance management role, with a focus on trade receivables and payables.
• Strong understanding of accounting principles and internal controls.
• Ability to manage multiple priorities and work under pressure.

Responsibilities

• Oversee the accounts receivable process, including invoicing and collections.
• Supervise the accounts payable process, including invoice processing & vendor payments.
• Conduct financial analysis to identify trends and opportunities for process improvements.
• Lead and mentor a team of finance personnel responsible for receivables and payables.

Skills

Analytical skills

Attention to detail

Leadership

Communication skills

Interpersonal skills

Ability to manage multiple priorities

Education

Bachelor's degree in Finance, Accounting, or a related field

Tools

SAP

Job description

Oversee the accounts receivable process, including invoicing, collections, and cash application.

Develop and implement strategies to minimize overdue accounts and reduce DSO (Days Sales Outstanding).

Monitor and analyze customer credit limits and aging reports.

Ensure accurate and timely recording of revenue and receivables in the financial system.

Supervise the accounts payable process, including invoice processing & vendor payments

Develop and maintain strong relationships with vendors and suppliers.

Manage payment schedules to optimize cash flow.

Review and approve payment runs, ensuring accuracy and adherence to company policies.

Monitor and analyze accounts payable aging reports and resolve discrepancies.

Financial Reporting and Analysis

Conduct financial analysis to identify trends, variances and opportunities for process improvements.

Assist in the preparation of budgets and forecasts related to receivables and payables.

Process Improvement

Evaluate and enhance existing processes for efficiency and effectiveness.

Implement best practices to streamline operations and reduce manual effort.

Ensure compliance with internal controls and accounting standards.

Team Management

Lead and mentor a team of finance personnel responsible for receivables and payables.

Conduct performance evaluations, provide training and support professional development.

Requirements

Bachelor’s degree in Finance, Accounting, or a related field.

Proven experience in a finance management role, with a focus on trade receivables and payables.

Strong understanding of accounting principles and internal controls.

Excellent analytical skills and attention to detail.

Proficiency in SAP

Strong leadership and team management abilities.

Effective communication and interpersonal skills.

Ability to manage multiple priorities and work under pressure.