Accounts Receivable Assistant Manager

Accounts Receivable Assistant Manager is responsible for overseeing the Accounts Receivable processes and collections in the function. He/ She supervises a team of Accounts Receivable and Collection professionals, implement credit policies, and work closely with sales and customer service teams to address payment issues and maintain positive relationships with internal stakeholders. This role also involves in audit support, analyzing financial data, preparing reports, and implementing strategies to improve cash flow and reduce outstanding receivables. Strong organizational skills, attention to detail, and effective communication are crucial for success in this role.

Job Responsibilities:

Team Management(Including People Management, Training and KPI)

• Supervise and lead a team of accounting professionals in the function.
• Assist Team Manager on team strategic planning and resources planning.
• Provide training, guidance, and support to team members.
• Work with relevant department to identify and define key performance indicators (KPI) that aligned with the Company’s goals and objectives.
• Regular updates/ reporting to Team Manager on the work progress in the function.

Project Coordination / Implementation

• Act as a project coordinator to drive process improvement projects/ collaborate with cross functions to ensure smooth implementation of projects.
• Involve in project planning, execution, and evaluation to ensure that projects are aligned with Company’s best practices and standards.
• Act as subject matter expert to assist Team Manager by providing insights, advice and recommendations.

Problem Resolution

• Address and resolve issues related to discrepancies, errors, or other accounting-related challenges.
• Act as key contact person for the supported regions, for issue resolution and escalation.
• Provide guidance to team members on complex issues, problem solving and decision making.

Process Improvement

• Identify opportunities for process improvements to enhance efficiency and productivity.
• Focus on continuous process improvement and identify standardization opportunities.
• Ensure process improvements are executed within planned timeline and budget.

Compliance and Internal Controls

• Ensure full adherence to Company’s accounting policies, processes, procedures, authorization levels, and SOX controls.
• Ensure full adherence to document retention as per the requirement by regulatory authorities in the specific country of operations/ business units.
• Develop and implement internal controls to safeguard Company’s assets and ensure compliance with financial regulations.
• Monitor and evaluate the effectiveness of existing internal controls.
• Stay updated on accounting standards, regulations, and compliance requirements to ensure the Company's financial practices align with industry standards and legal obligations.

Service Level and Team Collaboration

• Promote a strong service ethos to support delivery to agreed Service Level Agreements.
• Act as the focal point to ensure effective communication and resolution of operational related issues and decisions.
• Build long-term relationships with Company’s internal stakeholders and leadership team.
• Work closely with other operation functions to ensure seamless coordination of financial activities.

Job Requirements:

• Minimum 7 – 10 years working experience in Accounts Receivable, with minimum of 3 years of experience in managing a team.
• Strong AR knowledge with in-depth knowledge of legal/regulatory requirements.
• Degree in Accounting/Finance or equivalent with professional qualifications (ACCA/CPA/MIA).
• Fluent in both spoken and written English.
• Independent, stronginterpersonal and communication skills.
• Able to multi-task, pay attention to details, good at stress management.
• Candidate who has user experience in Oracle and SAP systems are an added advantage.
• Candidate who has Shared Services (SSC) experience is an added advantage.