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Urgent! Accounts Payable Executive – Payment Position in Kuala Lumpur - MISC Group

Accounts Payable Executive – Payment



Job description

Overview

MISC Group WP.

Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia

Accounts Payable Executive – Payment

Responsible for the accurate, timely, and secure execution of supplier and employee payments in accordance with internal policies, approval hierarchies, and banking regulations.

Operating within a Finance Shared Services Center, the role ensures that payments are processed efficiently and in compliance with controls, supporting smooth cash flow management and positive vendor relationships.

Responsibilities

  • Payment Processing: Execute scheduled vendor, intercompany, and employee payments (through housebank, local/foreign bank transfers, GIRO).

  • Liaise closely with BU Cash Management Team & PETRONAS iFSSC on the availability of funds and currencies.

  • Ensure payment runs are performed in accordance with agreed payment cycles and internal SLAs.
  • Perform pre-payment checks to validate bank details, approval status, and payment readiness.

  • Monitor payment queues in ERP and workflow systems (e.g., SAP, Coupa).

  • Handle urgent and off-cycle payment requests in compliance with exception handling procedures.

Controls & Compliance

  • Ensure compliance with company payment policies, authorization matrices, and internal controls.

  • Flag and investigate discrepancies or irregularities before payment release.

  • Maintain proper audit trails and documentation for payment processing.

  • Support internal and external audits by providing payment evidence and process clarifications.

Banking Operations

  • Interface with bank platforms to upload payment files, release payments, and retrieve payment reports.

  • Liaise with banks on payment rejections, returned funds, or remittance clarifications.

  • Prepare daily/weekly payment status reports.

  • Track and report payment failures, exceptions, and reversals.

  • Support month-end closing by ensuring all scheduled payments are executed and recorded accurately.

  • Work closely with Invoice Processing, Treasury, and Procurement teams to resolve payment holds and bottlenecks.

  • Coordinate with business units on payment status and issue resolution.

Staff Development

  • Manage staff developmental needs to further enhance their knowledge and skills that would improve personal and overall departmental performance.

Qualifications

  • 4-5 years of experience in Accounts Payable with a focus on payment execution, preferably in a Shared Services environment.

  • Hands-on experience with ERP systems (e.g., S4/HANA, Coupa) and online banking platforms.

  • Familiarity with cross-border payments, foreign exchange handling, and payment compliance rules.

  • Degree in Accounting/ Finance/ Business or equivalent or Professional accounting qualification is a requirement (e.g., CIMA, ACCA or MICPA).

*PLEASE NOTE THAT THIS IS A CONTRACT POSITION*

Details

  • Seniority level: Associate
  • Employment type: Full-time
  • Job function: Other
  • Industries: Transportation, Logistics, Supply Chain and Storage

We’re removing the boilerplate content while preserving the core role information.

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Required Skill Profession

Management & Operations



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