Manager, Accounts Payable

CTOS Data Systems; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading Credit Reporting Agency in Malaysia seeks a Manager for their Accounts Payable team. In this critical role, you will oversee payment operations, enhance efficiencies, and manage a dedicated team to support the financial health of the organization. Join a dynamic team and contribute to strategic financial goals within a fast-paced environment.

Qualifications

• Minimum 5–7 years of progressive experience in Accounts Payable.
• At least 3 years in a managerial role required.
• In-depth knowledge of accounts payable processes and internal controls.

Responsibilities

• Oversee end-to-end accounts payable and payment management functions.
• Lead, coach, and develop a team of accounts payable professionals.
• Ensure compliance with internal controls and financial regulations.

Skills

Analytical skills

Problem-solving

Leadership

Stakeholder management

Education

Degree in Accounting, Finance, or Banking

Tools

SAP

Oracle

Advanced Excel

Job description

We are Malaysia’s leading Credit Reporting Agency (CRA) and we are aggressively expanding our business, and looking for dynamic, driven and motivated individuals to join our team. Our Direct-To-Consumer segment (D2C), is one of our fastest growing product areas in the market, with an abundance of expansion plans and innovative ideas on hand.

Purpose of the position:
The Manager, Accounts Payable is responsible foroverseeing and managing the end-to-end accounts payable and payment managementfunctions. This role involves developing strategies to enhance operationalefficiency, ensuring compliance with internal controls and policies, andleading a high-performing team. The incumbent will play a key role insupporting the company’s financial health through accurate and timelyprocessing of payables, vendor relationship management, and optimization ofpayment operations.

Key Responsibilities:

Strategic Planning and Process Improvement

• Develop andimplement strategies to enhance accounts payable and payment operations.
• Identifyautomation opportunities and lead continuous improvement initiatives tostreamline processes.
• Collaborate withProcurement, Treasury, and IT to improve end-to-end Account Payableprocesses.
• Engage withvendors and key stakeholders to maintain strong relationships andresolve disputes effectively.
• Provide insightsand recommendations to senior management regarding cash flow, vendorterms, and process optimization.
• Supportimplementation and optimization of ERP systems and tools (e.g., SAP,Oracle).

Team Leadership and Development

• Lead, coach, anddevelop a team of accounts payable and payment professionals.
• Establish clearperformance expectations and foster a high-performance, accountableculture.
• Identifytraining needs and support continuous learning and development for theteam.
• Promoteteamwork, collaboration, and cross-functional knowledge sharing.

Accounts Payable Operations Management

• Lead and managethe full accounts payable cycle, including invoice processing, vendorreconciliations, credit notes, and aged payables management.
• Ensure timelyand accurate recording of transactions in compliance with internalpolicies, accounting standards, and tax regulations.
• Oversee themonth-end close activities for AP, including accruals, reconciliations,and reporting.
• Review andmonitor KPIs and SLAs to ensure high levels of service delivery andprocess accuracy.

Payment Management

• Supervise theplanning and execution of vendor payments across multiple bankingplatforms, ensuring efficiency, accuracy, and control.
• Coordinate withTreasury for cash flow planning and funding requirements.
• Ensure adherenceto payment terms and optimize payment scheduling to improve workingcapital.
• Manage andmitigate payment-related risks, including fraud prevention controls.

Governance, Controls & Compliance

• Ensurecompliance with company policies, audit requirements, and applicablefinancial regulations.
• Maintain robustinternal controls and support audit requests, including statutory andinternal audits.
• Monitor vendormaster data to ensure accuracy and integrity.
• Review and approvehigh-value or sensitive transactions in accordance with the Delegation ofAuthority (DoA).

Requirement:
Education

• Candidate must possess at least Degree in Accounting, Finance, Bankingor equivalent.

Experience

• Minimum 5–7 years ofprogressive experience in Accounts Payable, including at least 3 years in amanagerial or supervisory role.
• Provenexperience in leading process transformation, managing teams, and working ina shared services or multinational environment.

Skills/Knowledge

• In-depthknowledge of accounts payable processes, internal controls, and compliance requirements.
• Proficiencyin ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Stronganalytical, problem-solving, and decision-making abilities.
• Excellentleadership, communication, and stakeholder management skills.
• Ability to driveresults in a dynamic and fast-paced environment