Accounts Receivable Cum Credit Senior Executive Assistant Credit Manager

AccorHotel; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A luxury hospitality group in Singapore is seeking a dedicated Accounts Receivable Specialist to manage the entire accounts receivable process. Responsibilities include ensuring timely collections, assessing client creditworthiness, and performing daily account reconciliations. The ideal candidate will have a diploma in Finance and at least 2-4 years of experience in a similar role, preferably in the hospitality industry. This full-time position requires strong analytical and organizational skills to thrive in a dynamic environment.

Qualifications

• Minimum of 2-4 years of relevant experience in Accounts Receivables in hospitality.
• Formal qualifications in Finance to at least Diploma level.
• Knowledge of hotel accounting systems is highly desirable.

Responsibilities

• Responsible for the end-to-end accounts receivable process.
• Ensure timely payments and minimize bad debts.
• Assess creditworthiness of clients and enforce credit policies.

Skills

Analytical skills

Attention to detail

Organizational skills

Communication skills

Microsoft Office expertise

Education

Diploma in Finance

Tools

Opera

Job description

Responsibilities

• Solely responsible for the end-to-end accounts receivable process including billing collections account reconciliation and credit control;


• Maintain healthy cashflow by ensuring timely payments from customers and minimizing bad debts;


• Ensure daily reconciliation between payments from customers credit card settlement and outstanding invoices;


• Assess the creditworthiness of clients enforce credit policies and build strong relationships with both internal stakeholders and external customers.


• Perform prompt account reconciliation to ensure that all receivables are accurately recorded and discrepancies are promptly investigated and resolved.


• Requires strong analytical skills attention to detail and a solid understanding of accounting principles


• Be proactive well organized and capable of working independently in a dynamic deadline-driven environment.


• Ensure strict compliance with the companys and / or groups financial policies internal controls and relevant regulatory requirements.


• Maintain detailed and accurate records of accounts receivable.


• Issue invoices and statements in a timely manner and proactively follow up on overdue payments to reduce bad debt exposure.


• Respond to customer inquiries regarding payment terms billing details and special invoicing requests in a timely and professional manner.


• Accurately prepare and bill all group master accounts in accordance with hotel procedures and contractual agreements.


• Post daily City Ledger payments to ensure all transactions are accurately recorded.


• Process advance deposit and credit card refunds in a timely and compliant manner.


• Adhere to hotel credit and accounts receivable policies and procedures at all times.


• Evaluate the creditworthiness of both new and existing customers by verifying credit references and supporting documentations. Investigate customers credit worthiness using available sources and to provide credit recommendations to the Management


• Review and ensure proper authorization of all rebates and allowances and report any deviations from established policies.


• Manage and review credit limits for all City Ledger Accounts on an ongoing basis.


• Ensure accurate and complete posting of invoices in Opera including guest names amounts billed and account numbers.


• Transfer all invoices from Front Office data to appropriate accounts in Opera and verify their accuracy.


• Ensure that all invoices are properly signed by guests with necessary supporting documents such as vouchers outlet bills room service charges and other relevant back-ups attached.


• Coordinate with the Income Audit Sales Reservations and Catering Sales departments to resolve any billing discrepancies and rate variances.


• Validate all commission requests before submission to Accounts Payables to process payments. Verify that commissions are applicable based on guest eligibility stay duration and booking conditions (e.g. no-shows cancellations).


• Reconcile credit card transactions daily with Opera and post the corresponding credit card commission and bank charges timely.


• Ensure that all ALL Rewards claims are billed to and reimbursed by Accor accurately and timely.


• Review and clear PM rooms and follow up to clear the PM rooms on a daily basis.


• Maintain proper filing system ensuring all documents are properly classified and stored.


• Perform any other duties or ad-hoc tasks being assigned by the Management.

Qualifications

• Formal qualifications in Finance to at least Diploma level


• Minimum of 2 4 years of relevant experience in Accounts Receivables preferably within the hospitality industry. 5 star luxury environment preferred.


• Knowledge of hotel accounting systems such as Opera or other Property Management Systems (PMS) is highly desirable.


• Strong knowledge of financial regulations internal controls and credit policies.


• Good interpersonal and communication skills to interact effectively with internal and external stakeholders.


• Detail-oriented with excellent organizational and time-management skills.


• Ability to work independently and handle multiple tasks under pressure and within deadlines.


• Microsoft Office expertise to Intermediate or Advanced level


• Appreciates and maintains an effective outlet for stress.


• Has the ability and willingness to undertake further development.

Remote Work: No

Employment Type: Full-time

Vacancy: 1