Accounts Assistant (AR)

Ju Eng Home for Senior Citizens; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A community care organization in Singapore is seeking a finance professional to manage invoicing, oversee billing and collections, and maintain positive relationships with clients. The ideal candidate will possess a Bachelor's degree in Finance, strong attention to detail, and experience in financial reporting. This role supports accurate cash flow and compliance with regulatory requirements.

Qualifications

• Proficient in generating invoices and managing accounts receivable.
• Experience in monitoring and following up on outstanding payments.
• Ability to prepare financial reports and conduct aging analysis.

Responsibilities

• Generate and issue invoices to clients in a timely manner.
• Monitor accounts to identify outstanding receivables.
• Record and apply incoming payments accurately in the accounting system.
• Assess creditworthiness of clients and establish credit terms.
• Maintain an updated accounts receivable aging report.
• Build positive relationships with clients for effective collections.
• Prepare regular reports on accounts receivable status.
• Ensure all receivable-related documentation is complete.

Skills

Knowledge of accounting principles

Attention to detail

Communication skills

Education

Bachelor's degree in Finance or related field

Job description

Key Performance Area

1. Invoicing :

• Generate and issue invoices to clients in a timely manner.

• Ensure accuracy in invoicing and adherence to contract terms.

2. Billing and Collections :

• Monitor accounts to identify outstanding receivables.

• Follow up with clients for payment and provide necessary documentation.

• Implement effective strategies to reduce delinquency and improve cash flow.

3. Payment Processing :

• Record and apply incoming payments accurately in the accounting system.

• Reconcile payments with invoices and resolve discrepancies.

4. Credit Control :

• Assess creditworthiness of clients and establish credit terms.

• Monitor credit limits and communicate with clients regarding credit-related issues.

5. Aging Analysis :

• Maintain an updated accounts receivable aging report.

• Analyse and report on overdue accounts, taking appropriate actions for resolution.

6. Customer Relations:

• Build and maintain positive relationships with clients to facilitate the collection process.

• Address customer inquiries and resolve issues related to billing and payments.

7. Reporting :

• Prepare regular reports on accounts receivable status, collections, and other relevant metrics.

• Provide insights into receivables performance during financial meetings.

8. Documentation and Compliance:

• Ensure all receivable-related documentation is complete and accurate.

• Adhere to accounting policies, procedures, and regulatory requirements.

9. Cash Application:

• Apply cash receipts to outstanding invoices and reconcile discrepancies.

• Work closely with the finance team to ensure accurate financial reporting.