Nalom Batubara

Key responsibilities:

• Overseeing payment collection process by liaising directly with the customers, distributors, and Ministry of Health Malaysia to ensure payment collection in time.
• Provide and implement strategic initiatives and improvements for cost efficiency and accuracy result.
• Monitor day-to-day invoicing process, advance billing, credit return, blocked order status.
• Investigate and resolve issues if applicable to generate accurate lists of AR items to be used in monitoring outstanding items.
• Prepare audit confirmation and other requested information from internal and external auditors.
• Play key role and liaise with Local and Global Team in solving challenges encountered such as SAP integration, Open Scape, and NVM tools installation.
• Ensure to update the invoices update, and payment status, and accounts reconciliation.
• Manage the debtors' aging, ledger reconciliations to ensure timely and accurate closing.
• Working closely with the Local and Country Finance Manager in respect of audit and SOX control.
• Ensuring accurate and timely monthly, quarterly, yearly reports of the Provision Bad Debts, Ageing, Revenue, SOX Control, GL Recon. Direct report to Local and Country Manager.

Ad Hoc:

• Prepare tracking months report and directly report to Director Commercial SEA & Korea.
• Prepare Audit confirmation and obtain from the customers.
• Create work instructions for AR QIAGEN Malaysia

Achievements:

• Top Performer Q3 2019 – Designed, developed, and implemented new strategies that reduced day sales outstanding in the payment collection process down to 43 days from 74 days.
• Successfully lifted up the AR process from Malaysia to the Philippines. Go live in April 2019.

· Successfully lifted up the AR process from Malaysia to the Philippines. Go live in April 2019.

Key responsibilities:

• Identified and validated customer’s payment by verifying deposit slips to ensure correctly in posting and clearing
• Drive implementation of SAP automated robotic systems to enhance the accuracy of work.
• Designed and implemented new procedures as improvements to mitigate errors in posting, clearing, reconciling, and reporting processes.
• Managed and ensure all rebates are recorded correctly.
• Generated and created journal entry reports for Provision and Bad Debts, on monthly basis.
• Worked closely with Country Finance Manager to comply with Internal and External Audit process.
• Performed Accounts and Bank Reconciliation, Aging, Specific provision Bad Debts, SOA, Revenue Reports are prepared in time.

Ad Hoc:

• Created work instructions for order-to-cash processes.

Achievements:

• Achieved rewards as a result of process improvements by implementing automation of mass posting and clearing using SAP Robotic System that speeds up the process up to 70%.
• Part of the transition project team during the transition of Holcim Malaysia and Indonesia to the Philippines. Successfully migrated the process of Order to Cash from Oracle System to SAP

Key responsibilities:

• Performed cash management operation, including cash handling, check processing, bounced cheques, and EFT transfer transactions. Processed special payment run as needed
• Reviewed data entry, electronic invoices, and expenses for accuracy and regulatory compliance.
• Liaised with Banks, Sales Team, and Business Partners to verify all transactions.
• Performed weekly general bank reconciliation and ledger posting.
• Solicit customers and employee information to process payment run accurately. Ensure adherence to audit and control policies.
• Take ownership of initiating, developing, and implementing analytical tools to report and identify variances. Drive ad-hoc analysis on and process improvements projects.

Achievements
• Recognized by the company as a result of the Holcim Project to identify, validate, post, and clear the unmatched deposit by liaising with the customers and banks. The unmatched deposit down to Php 187K from Php 3.4 Million within 3 months.

Key Responsibilities:

• Ensure all finance and accounting transactions are posted into the accounting system.
• Validated and computed Tax (articles 21,22,23,15, 4a2, VAT).
• Reconciled GL transactions to ensure accurate accounting and financial reporting.
• Performed bank reconciliation, accruals, amortization, fixed and current assets, deferred.
• Validated commissions calculation and timely posting.
• Liaised with the external/internal auditors to ensure satisfactory audit compliance.
• Assisted Accounting Manager with the annual budgeting and forecasting process.
• Performed any ad-hoc duties assigned from time to time and in a timely manner. Produced the financial reports monthly.