Account Receivable - Kuala Lumpur, Malaysia - BASF Asia-Pacific Service Centre Sdn. Bhd.

BASF Asia-Pacific Service Centre Sdn. Bhd.

Verified Company

Kuala Lumpur, Malaysia

1 week ago

Posted by:

Siti Tan

beBee Recruiter

Description

_Do you want to work with passionate teams, providing excellent business and digital services to the Asia Pacific region? _

_Do you want an open, supportive, and caring working environment?_

_ Do you view your development needs seriously as we do?_

_ If YES, then take your career to the #NextLevel with BASF _

Objectives of the Position

Provide Accounts Receivable (AR) & Inter-Companies Reconciliation (ICR) services to business units in accordance with established processes, work procedures and in compliance with BASF policies, Financial Reporting Compliance (FRC), local company legal and statutory requirements.
Ensure that timelines and quality are met within the agreed service levels agreements

Main Tasks

Functional Tasks (including but not limited to):

Process incoming receipts made by customers with various payment method in accordance with Service Level Agreements (SLA)
Process customer rebates contract maintenance & rebate settlement credit notes for 3rd party customers
Generate statement of accounts & dunning letters for the customers
Resolving account discrepancies such as unallocated/unidentified receipts
Process Trade AR expected credit loss & specific provision and writeoffs of bad debts according IFRS
Provide the balance confirmation for 3rd party customers upon request from endusers
Generate periodic/adhoc AR reports in accordance with end users and/or BASF requirements
Perform customer reconciliation per request from auditor or customers
Process exceptional customer invoices, debit notes and credit notes (whenever necessary)
Clearing and monitoring of open items in General Ledger accounts related to customers
Process customer refund
Ensure that queries are attended according to the agreed timelines
Support in transition/projects activities and perform testing
Initiate and execute intercompany reconciliation in accordance with process documentation by identifying the reason of intercompany differences
Perform month end and year end close activities to ensure timely and accurate closure of accounts
Perform investigation for Condor discrepancies and provide adjustment via Adrian portal before reporting deadline
Ensure all intercompany differences upon investigation are justifiable and coordinate with the stakeholders for resolution
Perform follow up and monitoring on intercompany receivable overdue aging transactions
Coordinating and investigate unsuccessful settlement request (SR) creation
Provide advice and guidance to relevant recipients on commission error for resolution
Reconcile the data maintenance in intercompanies' vendors & customers are accordance to the intercompany guideline i

e:
payment term and currency

Ensure no retrospective adjustment for posted invoices at the time new maintenance taken place
Attend to intercompany reconciliation related queries from stakeholders

Compliance

Participate in any compliance audits and respond to audit queries (for both internal and external)
Ensure all work documentation and work processes are updated and met with BASF policies & guideline, local company's policy, legal and statutory requirements

Quality and Continuous Improvement

Identify, recommend, and implement continuous improvement opportunities in quality and efficiency to support smooth implementation
Prepare training materials and conduct end user trainings when required
Support new and existing team members through proper knowledge transfer; and sharing of best practice thereby ensuring quality is maintained through any staff transition

Others

Support Business Continuity Plan (BCP) through resource planning, backup and communication
Any other tasks due to Service Hub KL management strategy and/ or changing business environment may require to be performed

Requirements:

Education

Bachelor's Degree or Diploma in Finance/ Accounting or related disciplines or Professional qualification in Finance (e.g., ACCA, CPA, etc.)

Working Experience & Skills

Fresh graduate with Bachelor's Degree in Finance/ Accounting or related disciplines
Diploma with minimum 12 years working experience in related fields
External experience in a shared service or business process outsourcing engagement will be an added advantage
Good interpersonal skills to communicate to service recipients
Good time management, good organization skills and multitasking skills
Ability to work independently with mínimal supervision, and to excel under pressure for meeting any tight deadlines

Technical & Professional Knowledge