Head Of Credit Control

Kuala Lumpur - Selangor, Malaysia

Job Description

  • Ensure core areas pertaining to debt control are managed timely and appropriately
a) improve recovery of debts/collection
b) manage unmatched receipts & unmatched items (aka open items)
c) enforce necessary control/enforcement on the credit terms
d) monitoring and tracking of debt/collection
e) Ensure problems (including processing issues) that are related to the front-end systems which have an impact on collections are looked into and addressed by working together with the respective system/process owners
f) Main coordinator and secretary to the Collection Committee
g) Provide support to the various business units and branches on matters related to credit control and collections * Manages provision for doubtful debts & bad debts write-off (by providing recommendation and analysis only)
  • Reporting (related to Credit Control functions only, e.g. ageing, regional hit list, impairment analysis, etc) - ensure internal & external reporting (to Regional, BNM, Board, Management, producers, etc) as well as reconciliation (between sub-ledger and GL, between third party and sub ledger, etc) are performed accurately and in timely manner.
  • Handles all agency (and other producers ) related matters including but not limited to receipting, premiums refund, commission payments, agents' tax returns, creation of new producers' codes, etc
  • Develop multi-tasking team for better back-ups and ensure adequate support at all times, staff coaching and people management
  • Liaise with Auditors/BNM/PIAM/Statutory Bodies
  • Any other duties assigned by the Management
Qualifications
  • Good communication skill, analytical mind and strong in MS excel
  • At least 5 years in credit control, preferably from insurance industry
  • Preferably a degree in Finance/Accountancy

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Job Detail

  • Job Id
    JD860379
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Kuala Lumpur - Selangor, Malaysia
  • Education
    Not mentioned