Senior Accounts Executive (MFRS)

The GMP Group; Puchong; On-site; MYR 120,000 - 180,000; Full time

Job summary

The GMP Group is seeking a senior Accounts Receivable professional in Malaysia to manage billing, collections, invoicing, and related financial processes. The role requires strong Excel skills and experience with ERP systems, particularly in project or construction accounting.

Responsibilities include preparing payment claims letters, aging analyses, and weekly forecast reports, while ensuring compliance with MFRS 15 and company policy. Prior AR leadership and audit support will be valued.

Qualifications

• University Degree/Full professional qualification with at least 5 years of relevant working experience in AR.
• Minimum 5 years working experience.
• Preferably in Project accounting or construction accounting.
• Advanced in Microsoft Excel – vlookup, index and match & pivot table.
• Familiar with Accounting Software especially ERP software.
• Must understand MFRS 15 Revenue Recognition.

Responsibilities

• Prepare monthly outstanding sales orders and related AR reports.
• Lead weekly Open SO meetings and report status to Management and Project Manager.
• Prepare letters for project payment claims (Notification letter, IPA & IPC).
• Generate weekly customer aging and monthly statements; drive collection priorities.
• Email and post invoices, credit notes, debit notes and receipts; ensure accuracy and coding.
• Monitor KPIs for accounts receivable and ensure timely collections.
• Assist with audits by providing AR documentation and explanations.

Skills

Excel advanced

MFRS 15 knowledge

Education

University Degree/Full professional qualification

Tools

ERP software

Job description

Prepare monthly outstanding sales order.

Weekly Open SO meeting and report to Management with project claim status and together with Project Manager.

Weekly meeting with Project Manager on payment milestone claim status.

Prepare all related letter (Notification letter, IPA & IPC) for Project payment claim.

Generate and analyses weekly customer aging & monthly statement report to track overdue accounts and priorities collection efforts.

Prepare, email tax invoice to customers and upload Invoice to customer portal. (3 Companies) for products or services rendered.

Ensure that invoices are accurate, properly coded, and comply with company policies and accounting standards.

Prepare, email and post credit note, debit note and official receipt to customers

Updated debts collection weekly.

Prepare collection Report as per milestone to BD and HR department.

Monthly analysis on customer reconciliation.

Scan and File all the tax invoices, credit note, debit note for audit & tax purpose

Responsible for ensuring KPIs for Account receivables are met, these include timely collection and receipt of payments.

Issue reminder / overdue letter to customer.

Facilitate letter of demand (if any) to customer for long outstanding payments.

Prepare weekly forecast billing, forecast collection, and forecast Revenue

Assist in managing the company’s cash flow by ensuring timely collection of receivables and coordinating with other departments to optimize working capital.

Ensure compliance with relevant laws and regulations, including tax regulations and accounting standards, in all AR processes.

Identify opportunities for process improvement and efficiency in the AR department.

Implement best practices to streamline operations.

Assist in internal and external audits by providing documentation and explanations related to AR transactions.

Depending on organization's size, senior AR executives may also be responsible for training and supervising junior staff in the AR department.

Job Requirements:

University Degree/Full professional qualification with at least 5 years of relevant working experience in a similar capacity

Minimum 5 years working experience

Preferably in Project accounting or construction accounting.

Advanced in Microsoft Excel – vlookup, index and match & pivot table

Familiar with Accounting Software especially ERP software

Must understand MFRS 15 Revenue Recognition