We are seeking a meticulous Accounts Receivable Executive with a deep understanding of the direct selling landscape to join our Finance team at PRISM+ Malaysia. As we scale our direct sales division, we need a finance professional who can navigate the complexities of high-volume individual transactions, automated payment gateways, and agent commission offsets. This individual will be responsible for ensuring that the lifeblood of our cash flow-incoming monthly payments from customers which must be recorded accurately and reconciled daily/monthly. If you are a detail-oriented professional who thrives in fast-paced environments where every cent counts, you will play a critical role in maintaining the financial integrity of our growth.
Responsibilities include, but are not limited to
- High-Volume Reconciliation: Perform daily reconciliation of incoming payments from various sources (E-wallets, FPX, touch and go, credit cards, and bank transfers) against invoices
- Commission-to-Debt Reconciliation: Calculate monthly agent commission entitlements and execute automated offsets to recover outstanding product balances, ensuring all AR aging is cleared before payouts.
- Agent Account Auditing: Monitor individual agent/customers ledgers to identify payment discrepancies, failed transactions, or unauthorized credit requests.
- DSO Management: Actively track and reduce Days Sales Outstanding (DSO) by implementing proactive reminder systems for agents with outstanding product balances.
- Dispute Resolution: Professionally handle billing inquiries and payment disputes from independent representatives, ensuring high service standards to maintain a positive sales force relationship.
- Reporting & Analysis: Prepare weekly aging reports and cash flow forecasts to give the Country Director and Finance Director visibility into the liquidity of the direct selling arm.
Requirements
- Bachelor’s Degree in Accounting, Finance, or a related discipline.
- Minimum 2-3 years of experience in an Accounts Receivable role, ideally within a direct selling industry
- Proven experience working within a Direct Selling structure is highly preferred, with a strong understanding of member-based financial flows/monthly recurring collection flows.
- Fluency in English and Bahasa Malaysia to effectively communicate with a diverse agent base across West Malaysia.
- Technical Proficiency: Advanced knowledge of ERP systems.
- Excel Power User: Exceptional ability to manage large datasets using pivot tables and VLOOKUPs to match payments against sales orders.
- Analytical Mindset: Strong attention to detail to catch minute anomalies in high-volume transaction logs before they impact the month-end close
Benefits
- Annual outpatient benefit (Includes dental and optical benefits)
- Birthday leave
- Annual increment
- Performance bonus

