Senior Analyst | Finance Operations - Collection… at WPP · Petaling…

WPP is the trusted growth partner for the world’s leading brands. We unite cutting-edge media intelligence and data solutions, world-class creativity, next-generation production, transformative enterprise solutions and expert strategic counsel in a single company – powered by exceptional talent and our agentic marketing platform, WPP Open, to help our clients navigate change, capture opportunity and deliver transformational growth. We have been building the world's most valuable brands for 50 years and have global reach across 100+ markets, with deep local expertise. Our people are the key to our success. We're committed to fostering a culture of creativity, belonging and continuous learning, attracting and developing the brightest talent, and providing exciting career opportunities that help our people grow. For more information, visit WPP.com. Why we're hiring: The Senior Analyst, Order to Cash (OTC) is part of a team responsible for performing day to day tasks within the OTC function covering Accounts Receivable, Billing, Collection and Cash Application, as well as Month End Closing process and some other specific accounting activities related to the stream. The Senior Analyst will be required to handle activities for any of the subfunctions within the OTC function as assigned by the OTC manager/Team Lead. The Senior Analyst will drive global process initiatives to streamline and/or automate the OTC process which includes system enhancement and process improvement to achieve quality, accurate and timely delivery of billing operation on time process in accordance to the defined SLAs/KPIs Key responsibilities include ensuring compliance with Group policies and procedures; and relevant legal and statutory requirements. What you'll be doing: Key Results / Accountabilities 1. Accounts Receivable and Billing Work with the Team Lead to identify client billing processes and document them accordingly for reference. Review the client billing processes and finalize the invoice with the required supporting documentation (e.g., signed Client Schedule, PO, copies of third-party invoices being recharged, etc.). Approve and post accounting entries. Dispatch the invoice and supporting documentation to the client according to the client billing process. 2. Collection Generate statements of account accurately and dispatch them to clients in a timely manner. Proactively follow up with clients immediately after dispatching the invoice to establish receipt of the invoice. Identify in advance accounts due for collection. Contact clients to confirm payment dates, discuss reasons for not paying prior to the due date, and resolve queries related to statements of accounts, invoices, and collection information on a timely basis. Confirm payment dates and record client payment status. Escalate to OpCo where applicable. Identify potential bad debts and review them with the OpCo. Resolve all disputed invoices with the Billing Team and clients. Prepare monthly AR Reports with all commentary. 3. Cash Application Obtain client remittance advice - electronic remittances and cheques received Bank received cheques on the same day Post remittance to a client account, perform FX adjustment if not systemically driven Other Responsibilities Resolve issues where required Receive queries from Clients, record and follow up on a resolution Resolve query and action as applicable, with OpCo input if required Close query in a timely manner Report to OpCo on monthly open queries as recorded Participate in AR Ageing Reporting and Review calls with OpCo Accountable and responsible for the quality, accuracy, and timely delivery of scope assigned in accordance with the SLAs/KPIs defined with management and agreed with OpCo Handle high-complexity issues with guidance from Seniors and Team Lead Identify and Troubleshoot issues, communicate potential risks to management and internal clients if any, and follow through till resolutions. Seek advice and guidance as appropriate Work closely with the key contacts of the WPP OpCo assigned and cross-functional organization to resolve and support customer billing process, issues, and/or inquiries Perform and support month-end close activities Provide input for ongoing development and improvement on systems and operation process Provide full support to global system enhancement and any new implementation initiative in UAT, migrations, scope expansion, standardization, and/or data mapping or cleansing Comply with accounting principles and business standards of the company Comply with internal and external regulations and procedures, that should be in line with the company policies, standard operating procedures, and/or Target Operating Model (TOM) Support new and existing team members through proper knowledge transfer; sharing of resources, knowledge, experience, and best practices thereby ensuring quality is maintained through any staff transition. What you'll need: Education and Experience Degree in Finance & Accounting or a related field with a relevant mix of qualifications and experience 3-5 years of relevant experience in an MNC handling multiple countries. Fresh graduates may be considered. Having shared service center experience is an added advantage. Experience in using an ERP system is an added advantage. Skills and Competencies Fluent written and spoken English Strong interpersonal & customer service skills Teamwork - Able to communicate and work within a team environment Proactive – Time management, business acumen, and managing customer expectations Analytical & problem-solving skills Attention to detail & ability to maintain a high level of accuracy Ability to handle high-volume tasks and adapt to complex work environments Excel skills mandatory Familiar with Office 365 Willing to travel overseas if required Basic knowledge of fundamental accounting concepts, practices, and procedures Good communication skills - Able to communicate effectively with OpCo and clients. Knowledge of SOX compliance norms relating to the process Who you are: You're open:We are inclusive and collaborative; we encourage the free exchange of ideas; we respect and celebrate diverse views. We are open-minded: to new ideas, new partnerships, new ways of working. You're optimistic:We believe in the power of creativity, technology and talent to create brighter futures or our people, our clients and our communities. We approach all that we do with conviction: to try the new and to seek the unexpected. You're extraordinary: we are stronger together: through collaboration we achieve the amazing. We are creative leaders and pioneers of our industry; we provide extraordinary every day. What we'll give you: Passionate, inspired people – We aim to create a culture in which people can do extraordinary work. Scale and opportunity – We offer the opportunity to create, influence and complete projects at a scale that is unparalleled in the industry. Challenging and stimulating work – Unique work and the opportunity to join a group of creative problem solvers. Are you up for the challenge? #LI-Hybrid We believe the best work happens when we're together, fostering creativity, collaboration, and connection. That's why we’ve adopted a hybrid approach, with teams in the office around four days a week. If you require accommodations or flexibility, please discuss this with the hiring team during the interview process. WPP is an equal opportunity employer and considers applicants for all positions without discrimination or regard to particular characteristics. We are committed to fostering a culture of respect in which everyone feels they belong and has the same opportunities to progress in their careers. Please read our Privacy Notice (https://www.wpp.com/en/careers/wpp-privacy-policy-for-recruitment) for more information on how we process the information you provide.