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Assistant Manager, Finance (IAM)
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Assistant Manager, Finance (IAM)
Sime Darby Property
Petaling Jaya
MYR 30,000 - 60,000
Job description
Requirements
- Process Management & Compliance
- Oversee and enforce AP & AR processes, controls, policies, and procedures in alignment with company standards
- Ensure timely and accurate processing of invoices, credit notes, and customer payments
- Monitor AP & AR aging reports to track outstanding payables and receivables, ensuring timely payments and collections
- Collaborate with Treasury (Finance) to ensure seamless payment processing and cash flow management
- Ensure proper accrual capturing and timely reversal upon invoice issuance
- Identify opportunities for process improvements to enhance efficiency and accuracy in AP & AR operations
- Credit Control & Risk Management
- Support credit assessments by reviewing customer payment history, financial data, and creditworthiness
- Monitor overdue accounts and enforce escalation procedures for collections
- Assist in setting appropriate credit limits and payment terms based on risk assessment
- Track and report bad debt provisions and credit risk exposure to management
- Financial Reporting & Month-End Closing
- Manage AP & AR reporting activities, including month-end and year-end journal entries
- Prepare, review, and validate financial journals for accurate month-end reporting
- Conduct reconciliations of bank accounts, general ledger, vendor accounts, and customer accounts
- Support the assessment, preparation, and submission of direct taxes (Corporate Tax) and indirect taxes (e.g., SST, Withholding Tax)
- Assist with financial audits by providing necessary documentation and explanations
- Stakeholder Communication & Dispute Resolution
- Coordinate with internal teams (Finance, Leasing, Procurement, Operation Team) to address AP & AR-related issues
- Liaise with customers and vendors to resolve billing disputes, payment discrepancies, and collection matters
- Provide regular updates to management on AP & AR performance, including outstanding balances and potential risks
- Generate and analyze monthly reports on aging summaries, payment trends, credit control, and outstanding balances to support division-level month-end reporting
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.
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