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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.
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:
Job Offer
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 +603 2302 4070.
Agensi Pekerjaan Michael Page International (Malaysia) Sdn Bhd | Registration No.914741-W.