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A leading company in the F&B sector in Kuala Lumpur seeks an Assistant Manager for Accounts Receivable. The role involves overseeing end-to-end operations, ensuring timely billing and collections, and leading month-end close activities. Candidates must hold a Bachelor’s Degree in Accounting or Finance, possess strong Excel skills, and have 4-5 years of experience in accounting or receivables management. This position requires excellent organizational and communication skills, with the opportunity to work in a dynamic environment.
Oversee end-to-end Accounts Receivable operations, ensuring timely and accurate sales recognition, billing, and collections.
Lead month-end close activities, including account reconciliations, journal entries, AR ageing analysis, and preparation of month-end reports in accordance with established guidelines and timelines.
Ensure all AR transactions are accurately recorded and posted in a timely manner.
Serve as the primary point of contact for AR-related inquiries, maintaining effective working relationships with customers and internal stakeholders.
Monitor and analyse timely and accurate posting and allocation of cash receipts and deposits.
Perform weekly reconciliations of the sales ledger against settlement platforms and bank collections.
Reconcile sales ledger and AR control accounts, proactively investigating and resolving discrepancies or unreconciled items.
Assist and provide guidance to resolve unallocated or problematic amounts; review and approve journal entries and adjustments as required.
Support internal and external audits by preparing required documentation, schedules, and explanations.
Train, guide, and mentor junior AR staff to improve accuracy, efficiency, and compliance with internal controls.
Support RPA and automation initiatives by collaborating with team leaders to identify and implement process improvement opportunities.
Work closely with sales, customer service, and other cross-functional teams to ensure a smooth and efficient order-to-cash process.
Partner with leadership to develop and implement strategies that enhance the efficiency, effectiveness, and scalability of AR operations.
Participate in team projects, transformation initiatives, and ad-hoc assignments as directed by the line manager.
Bachelor’s Degree in Accounting, Finance, or a related field.
Minimum 4–5 years of relevant experience in accounting or accounts receivable, preferably in a supervisory or senior role.
Strong proficiency in Microsoft Excel; experience with Oracle NetSuite is an advantage.
Good interpersonal and communication skills, with the ability to work independently and collaboratively.
Strong organizational skills with the ability to prioritize tasks and respond effectively to urgent matters.
Proactive, willing to learn, and possesses a positive, hands-on attitude.
Experience in the F&B and retail industry is a plus.
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* 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.