Credit Control

ALIGN RECRUITMENT PTE. LTD.; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

ALIGN RECRUITMENT PTE. LTD. in Singapore is recruiting a Credit Control Executive to support the Finance Team.

You will handle reconciliation, payment allocation, and monthly reporting to monitor receivables and ensure timely collection. The role involves liaising with brokers, reinsurers, underwriting, claims, and internal stakeholders to resolve discrepancies, follow up on open items, and contribute to process improvements through UAT and automation initiatives.

Qualifications

• Experience in the insurance industry is preferred, particularly exposure to insurance billing, premium receivables, or credit control.
• Good understanding of insurance operations, billing cycles, receivables, and reconciliation processes.
• Experience in handling payment allocation, outstanding items, ageing, or account reconciliation will be an advantage.
• Good communication and stakeholder management skills, with the ability to liaise with internal teams and external parties such as brokers and reinsurers.

Responsibilities

• Prepare, maintain, and reconcile operational and internal control reports, ensuring accuracy and timely completion.
• Liaise with brokers, reinsurers, Underwriting, Claims, and Finance teams to resolve payment discrepancies, unallocated receipts, reconciliation items, and outstanding balances.
• Monitor and follow up on open items and outstanding receivables, including monthly follow-ups with relevant stakeholders and HODs.
• Review foreign currency payments and receipts, investigate exchange rate variances, and coordinate with relevant parties to resolve discrepancies.
• Prepare and maintain monthly HOD and credit control reports, covering key operational metrics, outstanding items, and reconciliation status.
• Support the Credit Control team in ensuring accurate, timely, and compliant collection and reconciliation activities.
• Assist with system enhancements, UAT testing, automation, and process improvement initiatives to improve collection efficiency and reporting processes.
• Perform day-to-day credit control, reconciliation, and operational support activities to ensure smooth team operations.
• Identify opportunities to streamline credit control processes and improve collection and reconciliation efficiency.
• Support internal and external audit requirements by preparing and providing relevant documentation and supporting information.

Skills

Communication skills

Stakeholder management

Microsoft Excel

System UAT/automation awareness

Tools

Financial/accounting systems

Job description

Credit Control Executive - Finance Team

Responsibilities

• Prepare, maintain, and reconcile operational and internal control reports, ensuring accuracy and timely completion.
• Liaise with brokers, reinsurers, Underwriting, Claims, and Finance teams to resolve payment discrepancies, unallocated receipts, reconciliation items, and outstanding balances.
• Monitor and follow up on open items and outstanding receivables, including monthly follow-ups with relevant stakeholders and HODs.
• Review foreign currency payments and receipts, investigate exchange rate variances, and coordinate with relevant parties to resolve discrepancies.
• Prepare and maintain monthly HOD and credit control reports, covering key operational metrics, outstanding items, and reconciliation status.
• Support the Credit Control team in ensuring accurate, timely, and compliant collection and reconciliation activities.
• Assist with system enhancements, UAT testing, automation, and process improvement initiatives to improve collection efficiency and reporting processes.
• Perform day-to-day credit control, reconciliation, and operational support activities to ensure smooth team operations.
• Identify opportunities to streamline credit control processes and improve collection and reconciliation efficiency.
• Support internal and external audit requirements by preparing and providing relevant documentation and supporting information.

Requirements

• Experience in the insurance industry is preferred, particularly exposure to insurance billing, premium receivables, or credit control.
• Good understanding of insurance operations, billing cycles, receivables, and reconciliation processes.
• Experience in handling payment allocation, outstanding items, ageing, or account reconciliation will be an advantage.
• Good communication and stakeholder management skills, with the ability to liaise with internal teams and external parties such as brokers and reinsurers.
• Proficient in Microsoft Excel and comfortable working with financial/accounting systems.
• Candidates with experience in system UAT, process improvement, automation, or reporting will have an added advantage.