AR Executive/ Specialist (Account Receivable)

PERSOL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 50,000 - 55,000; Full time

Job summary

PERSOL SINGAPORE PTE. LTD.

is seeking a finance professional on a 1-year contract in Singapore to oversee credit control, revenue recognition and receivables for Singapore and Thailand entities, ensuring compliance with group policies and timely cash collection. The role focuses on conducting credit assessments for new customers, reviewing credit limits, contract terms and payment conditions, developing a dynamic credit rating system, monitoring risk and overdue accounts, preparing AR aging

Qualifications

• Minimum 5 years of experience in Finance or Accounting.
• At least 3 years of experience in Accounts Receivable or Credit Control preferred.
• Bachelor’s degree in Finance, Accounting or related discipline.
• CPA, ACCA or CA qualification is an advantage.
• Proficient in ERP systems such as SAP or Oracle and Microsoft Excel.
• Experience working with or supporting Thailand operations is an advantage.

Responsibilities

• Conduct credit assessments and approval for new customers, and periodically review credit limits for existing customers.
• Develop and maintain a dynamic customer credit rating system.
• Monitor customer credit risks and provide timely alerts on over-limit and overdue accounts.
• Develop collection and resolution plans to manage credit exposure and minimise risks.
• Review sales contracts, including credit terms, payment conditions and performance obligations to identify potential credit risks.
• Work closely with Legal and Sales teams to ensure contract terms comply with company credit policies and financial requirements.
• Perform accurate revenue recognition for the Singapore and Thailand entities.
• Participate in financial solution design for new business models to ensure compliance with revenue recognition requirements.
• Support internal and external audits by preparing relevant documentation and supporting schedules.
• Manage AR accounting and reconciliation for Singapore and Thailand entities.
• Follow up on overdue accounts, disputed items and outstanding balances to ensure timely resolution.
• Prepare monthly AR aging reports and monitor collection progress.
• Work closely with business units to drive collection performance and achieve DSO targets.
• Identify opportunities to improve and automate AR processes.
• Provide regular updates to management on collection status, credit risks and overdue accounts.

Skills

Strong communication

Stakeholder management

Analytical abilities

Detail-oriented

Education

Bachelor's degree in Finance or Accounting

CPA/ACCA/CA qualification (advantage)

Tools

ERP SAP

Oracle

Microsoft Excel

Job description

1 Year Contract

Salary:$4,500 – $6,400/month
Location:Bishan
Contract Duration:12 months

Key Responsibilities

Customer Credit & Risk Management

• Conduct credit assessments and approval for new customers, and periodically review credit limits for existing customers.

• Develop and maintain a dynamic customer credit rating system.

• Monitor customer credit risks and provide timely alerts on over-limit and overdue accounts.

• Develop collection and resolution plans to manage credit exposure and minimise risks.

Customer Contract Review

• Review sales contracts, including credit terms, payment conditions, performance obligations and other relevant clauses, to identify potential credit risks.

• Work closely with Legal and Sales teams to ensure contract terms comply with company credit policies and financial requirements.

Revenue Recognition

• Perform accurate revenue recognition for the Singapore and Thailand entities.

• Participate in financial solution design for new business models to ensure compliance with revenue recognition requirements.

• Support internal and external audits by preparing relevant documentation and supporting schedules.

Accounts Receivable & Collections

• Manage AR accounting and reconciliation for Singapore and Thailand entities.

• Follow up on overdue accounts, disputed items and outstanding balances to ensure timely resolution.

• Prepare monthly AR aging reports and monitor collection progress.

• Work closely with business units to drive collection performance and achieve DSO targets.

• Identify opportunities to improve and automate AR processes.

• Provide regular updates to management on collection status, credit risks and overdue accounts.

Requirements

• Minimum5 years of experience in Finance or Accounting, with at least3 years of experience in Accounts Receivable or Credit Controlpreferred.

• Bachelor’s degree in Finance, Accounting or a related discipline.

• CPA, ACCA or CA qualification is an advantage.

• Proficient inERP systems such as SAP or Oracleand Microsoft Excel.

• Experience working with or supportingThailand operationsis an advantage.

• Strong communication, coordination and stakeholder management skills.

• Good risk identification, problem-solving and analytical abilities.

• Detail-oriented, responsible and adaptable when working in a multicultural environment.

We regret to inform that only shortlisted candidates will be notified.