Payment Specialist

APAC Michael Page; Malaysia; On-site; MYR 40,000 - 60,000; Full time

Job summary

A leading organization in the Energy & Natural Resources industry is seeking a Payment Specialist in Kuala Lumpur. This role involves managing vendor and employee payments, ensuring compliance with financial controls, and improving payment processes. The ideal candidate will possess a degree in Accounting or Finance, strong organizational skills, and proficiency in payment processing systems.

Benefits

Competitive salary

Permanent role with growth opportunities

Professional working environment

Comprehensive training and development programs

Qualifications

• Degree in Accounting, Finance, or a related field required.
• Proficiency in Microsoft Excel and knowledge of payment processing systems is critical.
• Strong attention to detail and ability to work in a fast-paced environment.

Responsibilities

• Process payments and prepare payment batches, ensuring timely execution.
• Monitor cash flow and optimize working capital.
• Communicate with stakeholders to resolve payment-related issues.

Skills

Attention to Detail

Organizational Skills

Proficiency in Microsoft Excel

Effective communication

Problem-solving

Education

Degree in Accounting, Finance, or related field

Tools

Payment processing systems

Accounting software

Job description

This role is responsible for executing timely and accurate payments to vendors and employees while ensuring compliance with company policies and financial controls. This includes processing vendor payments, employee reimbursements, and other outgoing transactions. The role also involves verifying payment details, resolving payment-related issues, and coordinating with banks and internal stakeholders to ensure smooth processing.

Client Details

The employer is a respected large organization within the Energy & Natural Resources industry, known for its focus on operational excellence and financial integrity. Operating in Kuala Lumpur, the company offers long-term career opportunities in a structured and professional environment.

Description

1. Payment Processing:

o 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.

o Prepare payment batches, either manually or through automated systems, and initiate payments.

o Reconciling payment transactions with bank statement and accounting records

o Assisting in month end and year end closing activities, including journal entries and financial reporting.

2. Cash Flow Management:

o Monitor the company's available cash flow to prioritize payments while maintaining sufficient liquidity for ongoing operations.

o Balance the timing of payments to optimize working capital.

3. Communication:

o Communicate with internal and external stakeholder to resolves issues related payment.

4. Record Keeping and Documentation:

o Maintain up-to-date records of all account payable transactions.

o File payment documentation accurately for easy retrieval and audit purposes.

5. Compliance and Internal Controls:

o Ensure payments are made according to company policies and local regulations.

o Follow internal controls to prevent fraud and errors in the payment process.

6. Process Improvement:

o Work with internal stakeholder to address and streamline time-consuming processes caused by upstream issues, aiming for efficient solutions.

Profile

A successful Payment Specialist should have:

• A degree in Accounting, Finance, or a related field.
• Knowledge of payment processing systems and accounting software.
• Strong attention to detail and organizational skills.
• The ability to work effectively in a fast-paced environment.
• Proficiency in Microsoft Excel and other financial tools.
• A proactive approach to resolving financial discrepancies.

Job Offer

• Competitive salary.
• Permanent role with opportunities for career growth within a large organization.
• Professional working environment in Kuala Lumpur.
• Exposure to the Energy & Natural Resources industry.
• Comprehensive training and development programs.

If you are ready to take the next step in your career as a Payment Specialist in Kuala Lumpur, we encourage you to apply now!

To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Tessa Tian at [phone].
Agensi Pekerjaan Michael Page International (Malaysia) Sdn Bhd | Registration No.914741-W.