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Job Opportunity: Accounts Receivable & Payable Leader:

Job description:


As Accounts Payable & Receivable Leader, you lead a team to manage credit and receivables to ensure timely collections, monitor credit risk, and improve efficiencies in existing processes and use of systems. You also lead the account payables process ensuring all process in a timely and accurate manner.  
What will you deliver?
1. Accounts Receivable
    Manage credit risk and balance with domestic and regional commercial opportunities and objectives.
    Manage past due accounts, preparing and communicating reconciliations and reports on high risk accounts, and facilitate actions for resolution in coordination with Sales team.
    Assist in ensuring timely month end and yearend closing and assist in the annual audit; prepare monthly Accounts Receivable related accruals, journal entries and general ledger reconciliations.
    Review and analyse days sales outstanding, ordering trends, everyday sales orders and accounts receivable balance for order release.
    Create and manage the processing of manual billings, adjustments, cash application, check deposits, proof of delivery reconciliation, short pays, non-trade deductions and price discrepancy reconciliation
    Respond and resolve problems regarding AR,  collection enforcement,  and cash management.
    Provide leadership abilities to ensure all revenues received are properly accounted for, all key reconciliations are completed ensuring accuracy and completeness, and sound fiscal stewardship over public funds are in place.
    Assure all customer supporting documents and files are maintained and up to date for domestic and international customers.
    Prepare cash inflow and analysis.  2. Accounts Payable
    Responsible for achieving all accounts payable goals, primarily tied to effective and efficient processing of vendor invoices, employee expense reporting, and business travel.
    supervise the corporate credit card program.
    Produce periodic reports and reconciliations to measure performance and cash outflow.
    Prepare cash outflow analysis. 3. Others
    Perform AR & AP hedging.
    Manage current and forecast cash inflows and outflows to fund operations. Use hedging and netting strategies to reduce risk related to change in asset values, interest rates and foreign currency holdings. Determine when additional cash is needed.
    Evaluate existing policies and procedures, making recommendations for efficiency improvement within established management guidelines.
    Assist in the development and implementation of new systems, special projects, initiatives and processes.
    Ensure compliance with accounting policies and procedures.
    Ensure world class customer service is achieved.
    Create an environment that encourages and compensates teamwork and collaboration, both internally and externally.
    Build your team's capabilities. Key Qualifications
    Bachelor’s degree in Finance, Accounting or related discipline
    practice and technical expertise of Accounts Receivable and Payable integrated systems and processes
    practice working with multiple currencies
    People management practice
    Strong analytical, project management, process improvement expertise, and proficiency in spreadsheet.
    capability to manage ambiguity and apply problem-solving expertise
    Excellent communication expertise; work well both independently and in a team environment



Plot 97,Solok Bayan Lepas, Kawasan Perindustrian Bayan Lepas, 11900 Penang, Malaysia.


Average Processing Time

1 Day Fast

Registration No.



Consulting (Business & Management)

Company Size

51 - 200 Employees

Working Hours

Regular hours, Mondays - Fridays

Dress Code

Business (e.g. Shirts)


Medical, Dental, Incentive, Optical, Annual Health Check-up

Spoken Language



Vallen Asia, with locations in Malaysia, Singapore and Thailand is part of the Sonepar Group. Sonepar is the number one Business-to-Business (B-to-B) distributor of electrical products and related services globally. Headquartered in France, Sonepar has an annual turnover of 22.4 billion Euros, employs 46,000 people and is represented in 44 countries.
Vallen Asia is a leading distributor of products and services focusing on B-to-B markets in Indirect Materials (IDM) in particular Maintenance, Repair and Operating (MRO) Products and Clean Room Supplies. We provide customers with access to one of the broadest ranges of quality products in the Southeast Asia distribution industry, making Vallen a single source of IDM products.
Vallen’s strength lies in the capability to provide local and international customers with value-added services including technical support, inventory management and integrated supply solutions, enabling them to improve their productivity while increasing efficiency and competitiveness.


    We offer attractive income that commensurate with work practice;
    We provide opportunities for career advancement within the company;
    We advocate a safe working environment for all our employees. 


Job Category: Creative Arts/Media [ View All Creative Arts/Media Jobs ]
Language requirements:
Employment type:
Salary: Unspecified
Degree: Unspecified
Experience (year): Unspecified
Job Location: Bayan Lepas (Penang) Other
Address: Bayan Lepas (Penang)
Company Type Employer
Post Date: 11/09/2019 / Viewed 31 times
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