Associate, OTC

Recruiter
Abbott
Location
Selangor, Malaysia
Salary
Competitive salary + flexible benefits
Posted
20 May 2024
Closes
20 Jun 2024
Ref
31085247
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Main Responsibilities

  • Liaise with customers for prompt collection of due AR balances.
  • Liaise with commercial team to resolve issues relating to collection, and on-hold orders.
  • Knock collection again AR balance.
  • Denied Party Screening of new customers and quarterly for all customers & banks.
  • Review and approve new customer creation.
  • Review and approve customer master data maintenance.
  • Review and approve customer master data change audit trail.
  • Review and release customer orders that are on-hold due exceeding of credit .limit or overdue AR.
  • Review AR aging reports for escalation if necessary.
  • Validate customer rebate calculations.
  • Quarterly collection forecast to corporate treasury.
  • Submit AR reports to corporate.
Month-end activities:

  • Calculation of AR reverse as per policies.
  • Generate and send Statement of Accounts to customers.
  • Prepare and furnish to business units DSO report, AR aging report, and overdue AR report.
  • Compile detailed AR reports for Shared Services Hub
  • Perform AR reconciliation.
  • Attend AR review meeting with business units.
Skill, Education & Experience

  • BA degree in Business or Accounting.
  • 2-3 years of credit experience inclusive of all aspects of credit management.
  • Knowledge and understanding of overall OTC processes.
  • Prior recent experience working in a captive SSC environment preferred.
  • Experience with 3rd party outsource providers an advantage.
  • Strong ability to interact with internal and external parties at various levels.
  • Attentive to detail with a propensity for continuous improvement.
  • Reasonable skill level in Excel, Word, PowerPoint.
  • Minimum Language Skills: English required, other languages desirable.
Preferred Experience

  • Additional other non-SAP ERP experience a plus.

For further information, and to apply, please visit our website via the “Apply” button below.

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