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A multinational chemical distribution company based in Malaysia is looking for a Cash Application Lead to oversee the team handling customer payments. The ideal candidate will have a degree in Accounting or Finance, along with 5-8 years of experience in O2C operations and strong leadership skills. This role involves driving team performance, ensuring compliance with policies, and implementing process improvements across the APAC region. Fluency in English and Mandarin is crucial for effective communication with clients.
Lead and oversee the Cash Application team to ensure accurate and timely processing of customer payments in accordance with company policies, procedures, and service level agreements. Drive team performance, compliance, and continuous improvement to support business and regional objectives.
Lead the daily operation of Cash Application team activities to ensure accurate and timely allocation of customer payments and resolution of issues within agreed deadlines
Review and monitor unapplied and unidentified cash, as well as receipt posting and allocation turnaround time, and implement action plans for continuous improvement
Manage stakeholders’ expectation by providing timely, accurate service delivery, proactive communication, and effective issue resolution to minimize escalations risks
Ensure compliance with internal controls, company policies, and agreed service levels
Champion process standardization and automation initiatives across APAC to reduce reliance on manual processes, improve accuracy, and enhance operational efficiency
Coach, develop, and empower team members. Drive performance management, succession planning, and retention strategies to build a capable and engaged team
Plan and support process transitions and migrations. Ensure all deliverables are implemented within scope and timelines
Support internal and external audits by providing accurate documentation and timely responses
Cooperation with cross function teams within SSC to ensure smooth month end closing and reporting activities
Degree in Accounting, Finance, Commerce, or relevant field
5 - 8 years of relevant working experience, preferably in O2C operations
Minimum 2 years of experience in a shared services environment
At least 2 years of leadership or supervisory experience
Minimum 3 years of accounting related experience with strong understanding of AR processes and financial controls
Strong leadership and people management skills, including planning, organization, and performance management
Advanced proficiency in ERP/SAP systems and MS Office applications
Strong analytical, problem solving, and process improvement mindset
Collaborative team player with focus on accountability and service delivery
Strong interpersonal, verbal and written communication skills in English and Mandarin are a must to effectively communicate with Mandarin‑speaking clients.