What You’ll Be Doing
Collects to terms—negotiates payment plans; may need to elevate cash flow problems according to management reporting structure. Takes appropriate action such as credit hold, placement with collections; ability to work independently done with little or no guidance.
A/R disputes—works with customer to determine reason (s) for non-payment of invoices and queries the specific invoice(s) for action by the Reconciliation Associate; works on disputes that have been researched by the Reconciliation Associate and collects outstanding balance if applicable.
Credit—AR exposure, facilitating sales and managing risk by reviewing order release and customer master file; releasing orders as appropriate; setting limit or order release based on research; elevating to CM, CD as necessary. Identify bad debt and set reserve.
Process improvement—identify root causes, recommend and implementing solutions. Establish/update best collection practices.
Analysis of customer financials/credit, Identifies key issues and patterns from partial/conflicting data
Takes a broad perspective to problems and spots new, less obvious solution
Seek measures not limited to credit insurance to mitigation risks
Monitor and sourcing of pertinent information for preventive actions
Work with treasury team to maximum factoring opportunity
Assists in account receivable management
Ad hoc project related to portfolio risks management
Completes work with a limited degree of supervision
What We Are Looking For
Bachelor’s Degree in Finance/Economics
3-5 years of relevant experience in AR accounting, credit analysis and collection
High astute sense of risk
Good interpersonal and communication skill, fast learner, self-starter in a fast pace and dynamic environment
Experience working cross functionally within countries, business and strong commercial acumen
SAP or Oracle financial system experience preferred
What’s In It For You
At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans, and a solid benefits package.
Medical Insurance
Life Insurance
Year-end bonus
Performance Bonus
5-Day Work Week
Growth Opportunities
And more!
About Arrow
Arrow Electronics, Inc. (NYSE: ARW), an award-winning Fortune 154 and one of Fortune Magazine’s Most Admired Companies. Arrow guides innovation forward for over 220,000 leading technology manufacturers and service providers. With 2024 sales of USD $27.9 billion, Arrow develops technology solutions that improve business and daily life. Our broad portfolio that spans the entire technology landscape helps customers create, make and manage forward-thinking products that make the benefits of technology accessible to as many people as possible. Learn more at www.arrow.com.
Our strategic direction of guiding innovation forward is expressed as Five Years Out, a way of thinking about the tangible future to bridge the gap between what's possible and the practical technologies to make it happen. Learn more at https://www.fiveyearsout.com/.
For more job opportunities, please visit https://careers.arrow.com/us/en.
Location:MY-Penang, Malaysia (Jalan Sultan Ahmad Shah)Time Type:Full timeJob Category:Accounting/Finance