Accounts Receivable Executive

CDG ENGIE; Singapore; On-site; SGD 30,000 - 45,000; Full time

Job summary

A financial services company in Singapore is seeking an experienced Accounts Receivable Executive. You will manage the accounts receivable process, ensuring timely collection of payments and accurate financial records. The ideal candidate has a diploma in Finance and 2-3 years of experience in a similar role. Proficiency in accounting software such as SAP or Oracle is required, along with strong communication and organizational skills.

Qualifications

• Minimum of 2-3 years of experience in accounts receivable or a similar role.
• Experience in transportation industry is a plus.

Responsibilities

• Manage accounts receivable process to ensure timely collection of payments.
• Collaborate with the Finance Manager and customers to maintain optimal cash flow.
• Generate and issue invoices, ensuring compliance with company policies.
• Reconcile accounts receivable ledger for accurate financial records.
• Generate and analyze AR reports, including aging analysis.

Skills

Accounting principles understanding

Accounting software proficiency (e.g. SAP, Oracle)

Excellent communication skills

Strong organisational skills

Attention to detail

Problem-solving skills

Ability to work independently

Strong analytical skills

Education

Diploma or degree in Finance/Accountancy or Professional Accounting Qualification

Tools

SAP

Oracle

MS Office Suite

Excel

Job description

Job Summary

The Accounts Receivable Executive is responsible for managing the company's accounts receivable process to ensure timely collection of payments and accurate financial records. This role involves close collaboration with the Finance Manager, customers, and other departments to maintain optimal cash flow and support the financial health of the organization.

Key Responsibilities

• Invoice Management:
  • Generate and issue invoices to customers accurately and on time.
  • Ensure invoices are compliant with company policies and customer requirements.
• Payment Collection:
  • Perform system reconciliation against payment records (ie gateway), and bank statement(s).
  • Collaborate with the stakeholders to identify payment gap(s), manage transaction voids and address refund.
  • Monitor accounts to identify overdue payments.
  • Generate Statements of Account (SOA) and distribute them to customers.
  • Prepare monthly GST output reports.
• Reconciliation:
  • Reconcile accounts receivable ledger to ensure all payments are accounted for and properly posted.
  • Support monthly financial closing process, including journal entries related to Accounts Receivables (AR), audit schedules, and bank reconciliations.
  • Resolve any discrepancies or disputes regarding payments.
• Reporting:
  • Analyse sales data and record revenue accruals.
  • Generate and analyse AR reports, including aging analysis, cash flow forecasts, and provision for bad debts.
  • Prepare regular reports on accounts receivable status, aging, and collections.
  • Assist the Finance Manager with month‑end and year‑end closing processes, including preparation of monthly financial and management reports.
• Customer Relations:
  • Generate, monitor debtors’ aging till fulfil of payments.
  • Address customer inquiries and resolve billing issues promptly and professionally.
• Process Improvement:
  • Identify and implement process improvements to enhance efficiency in accounts receivable operations.
  • Collaborate with other departments to streamline the invoicing and collection process.
  • Liaise with external auditors on audit, tax, and accounting matters to ensure smooth year‑end financial audit closure.
  • Collaborate and support optimisation of AR systems and software to enhance financial functionality, including integration with other financial systems.
• Compliance and Documentation:
  • Ensure compliance with internal policies and external regulations related to accounts receivable.
  • Maintain accurate and organized records of all AR transactions.
• Budgeting:
  • Support annual budget preparation and tracking activities.

Qualifications

• Education:
  • At least a diploma or degree in Finance/Accountancy or Professional Accounting Qualification
• Experience:
  • Minimum of 2-3 years of experience in accounts receivable or a similar role.
  • Experience in transportation industry is a plus.
• Skills:
  • Strong understanding of accounting principles and accounts receivable processes.
  • Proficiency in accounting software (e.g. SAP, Oracle) and MS Office Suite, particularly Excel.
  • Excellent communication and negotiation skills.
  • Strong organisational skills and attention to detail.
  • Ability to work independently and collaboratively in a team environment.
  • Problem‑solving skills and the ability to handle sensitive and confidential information.
  • Able to work independently in a fast‑paced environment and meet tight deadlines
  • Strong analytical skills and attention to details
• Others:
  • Ability to work tight schedules and meet deadlines.
  • A “Can-Do” attitude