AR Officer (5 months contract)

NETS; Singapore; On-site; SGD 42,000 - 66,000; Full time

Job summary

NETS is seeking an Accounts Receivable professional in Singapore to manage day-to-day AR activities, including posting payments, reconciling accounts, and handling collections. The role supports month-end close and generates AR reports to aid financial monitoring.

You will work with merchants and internal teams to ensure timely cash collection, accurate reconciliations, and adherence to credit policies. Prior SAP and Excel proficiency is preferred, with strong attention to detail and teamwork

Qualifications

• Diploma or Degree in Accounting, Finance, Business Administration, or related discipline.
• 1–3 years of experience in Accounts Receivable, Credit Control, or Finance Operations.
• Experience in collections, payment processing, and account reconciliation is an advantage.

Responsibilities

• Post customer payments timely and accurately in SAP, including bank transfers, cheques, GIRO, and other modes.
• Allocate receipts against invoices and clear open items in the system.
• Verify and reconcile payments from merchants and consumers against bank statements and internal records.
• Process GIRO applications and maintain updated records, following up on rejections.
• Monitor ageing reports and follow up on overdue accounts with statements and reminders.
• Generate and distribute AR reports to support collection efforts and financial monitoring.
• Escalate issues to relevant units for investigation and resolution.
• Handle CRM inquiries from customers and internal stakeholders within SLAs.
• Assist with month-end/year-end closing activities and management reports.
• Ensure compliance with credit control policies and internal procedures.
• Support process improvements and other ad hoc finance tasks.

Skills

Attention to detail

Analytical thinking

Stakeholder management

Communication

Multitasking

Customer focus

Teamwork

Excel

Pivot Tables

CRM experience

Education

Accounting/Finance/Business Administration degree

Tools

SAP

CRM

Excel

Job description

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain.

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 130,000 acceptance points in the country as well as online payments.

Key Responsibilities

• Perform timely and accurate posting of customer payments, including bank transfers, cheques, GIRO, and other payment modes in SAP.
• Allocate customer receipts against outstanding invoices and accurately clear open items in the system.
• Verify and reconcile payments collected through customer service counters from merchants and consumers against bank statements, daily collection reports, and internal records.
• Process hardcopy GIRO application forms received from merchants, submit applications to the bank for processing, maintain updated records, and follow up on rejected applications to ensure successful setup.
• Monitor customer ageing reports and proactively follow up on overdue accounts by issuing Statements of Account (SOA), payment reminders, and collection notices.
• Generate and distribute Accounts Receivable reports to business units on a regular basis to support collection efforts and financial monitoring.
• Escalate collection issues, disputed invoices, and long-outstanding debts to relevant business units for further investigation and resolution.
• Attend to customer and internal stakeholder enquiries through the CRM system, ensuring timely resolution within established service level agreements (SLAs).
• Support month-end and year-end closing activities, including account reconciliations, AR analysis, and preparation of management reports.
• Ensure compliance with credit control policies, accounting standards, and internal procedures while maintaining accurate and complete AR records.
• Assist with process improvement initiatives and perform other ad hoc finance and administrative assignments as required.

Requirements

Qualifications & Experience

• Diploma or Degree in Accounting, Finance, Business Administration, or related discipline.
• 1–3 years of experience in Accounts Receivable, Credit Control, or Finance Operations.
• Experience in collections, payment processing, and account reconciliation is an advantage

Skills & Competencies

• Strong attention to detail and accuracy.
• Good analytical, numerical, and problem-solving skills.
• Effective stakeholder management and follow-up capabilities.
• Strong verbal and written communication skills.
• Ability to multitask, prioritize work, and meet deadlines.
• Proactive, responsible, and customer-focused mindset.
• Strong teamwork, collaboration, and time management skills.
• Proficient in Microsoft Office applications; SAP and CRM experience preferred.
• Knowledge of Accounts Receivable, credit control, and reconciliation processes.
• Adaptable and willing to learn in a structured finance environment.
• Proficient in Microsoft Excel, including formulas, Pivot Tables, and data analysis functions.
• Experience with VLOOKUP, XLOOKUP, and data reconciliation techniques.

Network for Electronic Transfers (Singapore) Pte Ltd.