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Payment Accountant

https://www.randstad.com Logo

Randstad

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Location:
Malaysia , Kuala Lumpur

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Category:

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Contract Type:
Not provided

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Salary:

4000.00 - 6500.00 MYR / Month

Job Description:

The Payment Accountant is responsible for the end-to-end execution of payment cycles for multiple business units or regions. This role ensures all vendor payments, employee reimbursements, and intercompany settlements are processed accurately, securely, and within agreed-upon timelines while maintaining strict compliance with internal controls and local tax regulations.

Job Responsibility:

  • Payment Execution: Manage the daily/weekly payment runs (ACH, Wire, EFT, and Checks) across various currencies and banking platforms
  • Cash Flow Management: Monitor bank balances to ensure sufficient funding for payment runs and coordinate with the Treasury department for liquidity needs
  • Discrepancy Resolution: Partner with the Accounts Payable (AP) and Procurement teams to resolve payment failures, rejected bank entries, or vendor banking detail discrepancies
  • SLA & KPI Adherence: Ensure all payments are processed within the Shared Service Center’s Service Level Agreements (SLAs) and meet Key Performance Indicators (KPIs) for accuracy and speed
  • Reconciliation: Perform monthly bank-to-ledger reconciliations and clear "stale" payments or outstanding items in the transit accounts
  • Compliance & Audit: Ensure all payments follow the "Delegation of Authority" (DoA). Support internal and external audits by providing payment audit trails and documentation
  • Process Improvement: Identify opportunities to automate manual payment steps or migrate vendors to more cost-effective electronic payment methods

Requirements:

  • Bachelor’s Degree in Accounting, Finance, or a professional qualification (e.g., ACCA, CPA, CIMA)
  • 2–4 years of experience in Accounts Payable or Payment functions, ideally within a Shared Service or MNC environment
  • Proficiency in Tier-1 ERP systems (SAP, Oracle, or Microsoft Dynamics 365)
  • Familiarity with global banking portals
  • Strong Excel skills (Pivot Tables, VLOOKUPs)
What we offer:
  • Medical Insurance
  • Leave Entitlement

Additional Information:

Job Posted:
February 15, 2026

Expiration:
March 08, 2026

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