POSITION SUMMARY

Purpose

Nature and Scope

This position requires frequent interaction with credit & collection team/Banks/Intercompany team/billing/treasury team to resolve any cash application issues. The incumbent must possess the ability to perform detailed account audits and clear document findings and provides essential support to the function supervisor in developing processes for new initiatives

The incumbent must well verse understanding of the cash application process and should report to Accounts Receivable Supervisor. Jobholder’s must have strong interpersonal and good communications skills with collection team to implement any changes that necessary to ensure all cash application processes are functioning in compliance with company policies and practices

DIMENSIONS

Volume of cash application to support:

Asia – 380,000+ Average payment from customer annually

PRINCIPAL ACCOUNTABILITIES

• Responsible for applying payments based on payment remittances and instructions from the Collection

Team and customer

• Performs monthly reconciliation of cash application offset entries and verifies that all reconciliation

for A/R accounts is completed accurately on time

• Responsible to Process other transactions, i.e.: Offsets, Check requests, direct debit, bad Debts/Dispute items Write Off and B-Codes (small dollar journal entries).

• Ensure email inquiries from all party must be responded within 2 working days. Liaise with Collection Team to have effective communication to process payments

• Closely follow up with Collection Team regarding over/short payment from customer as well as unallocated terms and unknown payments

• Be flexible to change supporting regions when the workload requires

• Meet yearly KPIs goal on monthly basis including SLA and unallocated cash

• Support on any SOX and statutory audit inquiries from internal and external auditors. Ensure all transactions are being performed based on standard work process to comply with Finance policy

• Ensure effective communication with collection team is key to perform the transaction

• Ensure all transactions are being performed based on standard work process to comply with Finance policy

• Responsible for tax invoice write back (China, Korea only)

• Any ad hoc duties assigned by her/his superior as deemed necessary

MINIMUM REQUIREMENTS AND QUALIFICATIONS

• Candidate must have relevant Degree in Accounting, Finance, Banking or equivalent
• Good communication skills and ability to work as part of a team
• Ability to speak and write English and Chinese .
• SAP experience or any experience in a Shared Service would be advantage
• Demonstrated detail orientated skills to be able to complete task accurately

• Must have basic problem-solving skills to analyses issue.

40778BR

Full Time

Corporate

Finance

Asia

Malaysia