Payment Specialist

Michael Page; Kuala Lumpur; On-site; MYR 36,000 - 54,000; Full time

Job summary

A leading global organization seeks an Accounts Payable Specialist to manage payment processes while ensuring accuracy and compliance with regulations. This permanent role offers a competitive salary, career growth opportunities, and a professional work environment in Kuala Lumpur. Ideal candidates will possess strong attention to detail and proficiency in accounting software, contributing to an efficient team dynamic.

Benefits

Competitive salary

Permanent role with career growth

Professional working environment

Comprehensive training and development programs

Qualifications

• 1 to 4 years relevant experience required.
• Good command of both oral and written English and local language is necessary.

Responsibilities

• Process payments ensuring accuracy and compliance with the company's policies.
• Monitor cash flow and maintain records of all account payable transactions.
• Communicate effectively with internal and external stakeholders regarding payments.

Skills

Attention to Detail

Time Management

Communication Skills

Problem-Solving

Technical Proficiency

Knowledge of Financial Regulations

Teamwork

Education

Relevant experience (1 to 4 years)

Tools

Accounting software (e.g., SAP, Esker, TM5, Autobank)

Excel

Job description

• Global Exposure
• Career Progression

About Our Client

Global MNC

Job Description

• Payment Processing:
• Process payments according to agreed-upon terms (e.g., Net 30, Net 60), ensuring that all payments are made on time to avoid late fees.
• Prepare payment batches, either manually or through automated systems, and initiate payments.
• • Reconciling payment transactions with bank statement and accounting records
  • Assisting in month end and year end closing activities, including journal entries and financial reporting.
  • Cash Flow Management:
  • Monitor the company's available cash flow to prioritize payments while maintaining sufficient liquidity for ongoing operations.
  • Balance the timing of payments to optimize working capital.
  • Communication:
  • Communicate with internal and external stakeholder to resolves issues related payment.
  • Record Keeping and Documentation:
  • Maintain up-to-date records of all account payable transactions.
  • File payment documentation accurately for easy retrieval and audit purposes.
  • Compliance and Internal Controls:
  • Ensure payments are made according to company policies and local regulations.
  • Follow internal controls to prevent fraud and errors in the payment process.
  • Process Improvement:
  • Work with internal stakeholder to address and streamline time-consuming processes caused by upstream issues, aiming for efficient solutions.

The Successful Applicant

• Attention to Detail: Ability to spot discrepancies and ensure payment accuracy.
• Time Management: Ability to prioritize and manage multiple payment deadlines efficiently.
• Communication Skills: Clear and effective communication with vendors and internal stakeholders.
• Problem-Solving: Address and resolve issues with payments.
• Technical Proficiency: Familiarity with accounting software (e.g., SAP, Esker, TM5, Autobank) and Excel.
• Knowledge of Financial Regulations: Understanding of internal controls, tax laws, and payment procedures.
• Teamwork: Ability to collaborate effectively within the AP team and across departments.
• 1 to 4 years relevant experience
• A good command of both oral and written English and the local language is required.(depends support country)

What's on Offer

• Competitive salary.
• Permanent role with opportunities for career growth within a large organization.
• Professional working environment in Kuala Lumpur.
• Career Progression
• Comprehensive training and development programs.