Accounts Executive, AR

Aramex International Logistics Pte Ltd; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A global logistics provider in Singapore seeks an Accounts Executive to join their team. This role requires managing cash on delivery transactions, resolving payment issues, and ensuring timely settlements for Freight Accounts Receivable. The ideal candidate has a degree in Accounting or Finance, experience in accounting roles, and proficiency in accounting software like SAP and Microsoft Excel. Strong analytical, communication, and organizational skills are essential for success in this fast-paced environment.

Qualifications

• Proven experience in accounting roles, preferably in the logistics industry.
• Strong understanding of accounting principles and compliance requirements.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.

Responsibilities

• Perform, track, and reconcile cash on delivery transactions.
• Collaborate with the Operations departments to resolve payment issues.
• Manage and ensure timely settlement of Freight Accounts Receivable customers.

Skills

Attention to detail

Analytical skills

Communication skills

Problem-solving

Education

Diploma or Bachelor's degree in Accounting, Finance

Tools

SAP

Microsoft Excel

Job description

Aramex has successfully introduced market-leading express delivery and logistics services to emerging economies. As a leading global provider of comprehensive logistics and transportation solutions, our breadth of services includes express courier delivery, freight forwarding, logistics, supply chain management, e-commerce, and record management services.

Aramex Singapore is seeking Accounts Executive, AR to join our Singapore team and will be reporting to the Accounting Manager.

COD Collections and payments

• Perform, track, and reconcile cash on delivery (COD) domestic and Express Collection transactions.
• Verify cash accounts shipments and ensure system rates are correct.
• Ensure prompt settlement of all cash accounts.
• Weekly COD payment to customers

Payment Issue Resolution

• Collaborate with Operations departments to resolve cash payment issues quickly and efficiently.
• Work with respective teams to address any disputes, short payments, or refund cases.

Accounts Receivable Management

• Manage, track, and ensure timely settlement of all Freight Accounts Receivable (AR) customers.
• Generate and send customer invoices and Statements of Account (SOA) on a timely basis.
• Follow up on customer dispute cases and initiate amendment requests if necessary.
• Perform, track, and ensure all COD shipments are rebilled accurately.

Financial Reporting

• Trace costs recording and reconcile discrepancies as needed.
• Process and apply AR receipts in SAP or other accounting systems in a timely manner.

Communication and Collaboration

• Conduct regular Accounts Receivable review meetings with the sales department to discuss outstanding receivables and potential issues.
• Collaborate with internal and external stakeholders to address any audit requirements and assist in audit processes.

Requirement for the role

• Diploma or Bachelor's degree in Accounting, Finance, or equivalent qualification preferred.
• Proven experience in accounting roles, with prior experience in logistics industry
• Strong understanding of accounting principles, financial regulations, and compliance requirements.
• Proficiency in accounting software and Microsoft Excel (advanced level).
• Excellent attention to detail and organizational skills.
• Strong analytical and problem-solving abilities.
• Effective communication skills, both verbal and written.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.