Account Receivable Officer / Senior Officer

About the Role

This position is responsible for reconciling repossessed items, auctions, and bad debt write-offs recorded in the General Ledger (GL) with reports from the FACO system before recording them into the NAV system. This includes preparing month-end reports, verifying document accuracy in accordance with requirements, maintaining the accounting system, and coordinating with the Finance department and FACO system consultants regarding hire purchase receivables and taxes.

Key Responsibilities

1. Reconcile repossessed items, auctions, and bad debt write-offs recorded in GL with reports from the FACO system before recording them into the NAV system.
2. Prepare month-end reports regarding repossessions, auctions, and bad debt write-offs, while verifying the accuracy and completeness of the data.
3. Prepare and calculate allowances for repossessed assets.
4. Verify the accuracy and completeness of documents in accordance with MR374 requirements before proceeding with bad debt write-offs.
5. Verify commission reports related to marketing activities and insurance sales.
6. Reconcile items between GL and output VAT and deferred output VAT from the FACO system.
7. Monitor outstanding Bank Reconciliation items and prepare Journal Entries.
8. Maintain the accounting system and control transactions recorded in the NAV system, including troubleshooting issues related to the NAV system.
9. Coordinate with the Finance department and FACO system consultants on matters related to HP Receivables, sales tax invoices, and deferred output VAT.

Qualifications:

1. Bachelor's degree or higher in Accounting or a related field.
2. At least 2-5 years of experience in Accounts Receivable; experience in the hire purchase business will be given special consideration.
3. Good knowledge of accounting and taxation.
4. High attention to detail and accuracy in work.
5. Positive attitude, ready to learn, and capable of problem-solving.
6. Proficient in Microsoft Excel.
7. Able to communicate in English.
8. Able to multitask, work under pressure, and deliver work according to deadlines.