Job Title: Settlement & Reconciliation Executive
Job Highlight
1. Play a key role in coordinating with banks and third-party partners, ensuring accurate and timely settlements.
2. Gain hands-on experience in managing complex transaction data, P&L tracking, and acquiring business revenue streams.
3. Contribute to business growth by optimizing transaction-related approvals and learning about payment processes.
This position provides opportunity to grow in the fast-evolving payments industry, with hands-on experience in payments, settlement and reconciliation.
Key Responsibilities:
1. Billing & Invoicing: Prepare and issue accurate monthly customer invoices in line with contract terms.
2. Transaction Data Tracking: Track daily transaction data, maintain statements of accounts, and ensure accurate records for P&L tracking
3. Settlement Management: Verify settlement and payment amounts, prepare payment files and follow up on settlement for the issuing and/or acquiring business.
4. Backoffice Operations: Manage and execute core back-office operations via internal and external portals including but not limited to setup of operational accounts, and managing balances across third party platforms.
5. Reporting: Prepare and present monthly billing and revenue reports and/or financial KPIs for internal and external stakeholders.
Required Skills and Qualifications:
Must-Have:
• Diploma or Bachelor’s in Accounting, Finance, Business Administration or related field
• 2–3 years of experience in billing, financial reconciliation, or transaction support
• Advanced Excel skills (e.g., pivot tables, data cleansing, trend analysis)
• Strong attention to detail, accuracy, and timeliness in deliverables.
Nice-to-Have:
• Background in fintech, payment processing, or transaction-based businesses
• Experience working with third-party platforms or bank portals
• Comfort with back-office tasks and operational finance procedures.
Established in 1961, Malayan Flour Mills Berhad (MFM) is the pioneer in the flour milling industry in Malaysia. MFM has grown to become the leading flour miller in Malaysia with regional presence in Vietnam and Indonesia. Over the years, we have expanded into poultry integration, aquaculture, and raw material trading. In FY21, the group revenue was RM2.43 billion.
MFM is one of the major poultry integrators in poultry feeds, breeding, farming with a state-of-the-art processing facility across the poultry value chain. Designed to meet the domestic and international markets, the advanced facility will process up to 300,000 birds per day.
With our asset of 3,000 people, we have transformed and grown in Malaysia and regionally. Synergising with our workforce, we embrace Artificial Intelligence, Big Data, Internet of Things (IoT) in our day-to-day business. Through our partnership with Tyson Food, Inc. and Toyota Tsusho Group, we aspire to be a leading global halal food enterprise while achieving sustainable development goals.
Building the workforce of the future…Today. We invite you to be part of our team!
Visit https://www.mfm.com.my/careers/ or apply via the Jobs tab in Linkedin.
