Cycle & Carriage Bintang Hiring! Full Time Executive – Account Receivable in Selangor - Ricebowl

Accounts Receivable operations

• Ensure that accounting processes and journal entries are in accordance with relevant accounting principles, internal controls and group policy as applicable.
• Ensure that journal entries are supported with relevant documents for verification and approval purpose and no omission of journal entries posting to General Ledger.
• Responsible that all documents are validated and processed before month end closing or stipulated deadline.
• Ensure timely and accurate processing of customer refund, credit notes and verification of commission. Responsible to verify customer details in Vehicle Management System (VMS) for scheduled issuance of official receipt by Robotic Process Automation (RPA). In the event of failure, manual issuance of official receipt is required.
• Update receipt no. for bank loan transactions and Purchase Order customer in VMS. Ensure official receipt is printed and sorted before mail to customer.
• Responsible for Account Receivable Ledger creation, maintenance, and credit limit – Finance company, service credit and packages and After Sales credit customer in Autoline.
• Responsible to ensure accurate posting and allocation of daily receipts in the accounting system. Assess any potential exposure of doubtful debts on a regular basis.
• Attend to urgent request from business units and resolve operations issue.
• Work with Functional Stakeholders to suggest modifications to processes and implement relevant system functionality within the Finance Operations function.
• Prepare relevant schedules, necessary compilation of additional financial information analyses and comment on the Management Report for Manager, Finance Operations.
• Meet deadlines set by management on month end close and reporting.
• Take on any ad hoc tasks as advised by superior.

Control procedures, general ledger reconciliation and SOP

• Maintain strong compliance of control procedures, i.e., credit policy in carrying out daily tasks.
• Ensure timely preparation of reconciliations, i.e., inter-companies and third-party receivable to ensure all transactions have been accounted for within the Group.
• Ensure control amount in general ledger accurately tied to sub ledger and to achieve zero balance variance. Ensure reconciliation and clearing accounts items are cleared on timely basis, i.e., within reasonable ageing bucket.
• Ensure classification of account receivables is proper at month end.
• Ensure SOP is updating timely basis to ensure they stay relevant to the current need of Cycle & Carriage Bintang Berhad.

Changes on monthly basis

• Analyse changes relating to Accounts Receivable in the balance sheet and to explain fluctuation +/- 10% of DSO.
• Conduct ageing analysis and work with business units to ensure reconciling items and clearing accounts items are follow up and rectify on timely basis.

• Min 2 or more years finance experience in a progressively growing capacity.
• Diploma/Degree (any level), preferably in finance, accounting qualification (any type) and demonstrated professional experience is considered in lieu of the above formal qualifications.
• Strong command of written and verbal English and ability to learn and adapt to new technologies.
• Good time-management skills and able to manage task in a systematic manner.
• Great inter-personal and communication skills to handle challenging discussion with diplomacy and logic.