Finance Executive, Accounts Receivable

Far East Organization; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading real estate organization in Singapore is seeking an Accounts Receivable professional. The role involves managing receipts, credit control, and ensuring accurate financial reporting. Candidates should possess a degree in Accountancy and relevant experience. Join a dynamic team committed to excellence in the real estate sector.

Qualifications

• Minimum 2 years of relevant experience.
• Good communication and interpersonal skills.

Responsibilities

• Perform receipt posting and reconciliation in accounting systems.
• Conduct dunning and collections follow-up for accounts in arrears.
• Prepare reports on ageing and bad debt provisions.

Skills

Communication

Interpersonal Skills

Education

Degree in Accountancy

Tools

SAP

Microsoft Office

Job description

Company description:

Far East Organization, together with its Hong Kong-based sister company Sino Group, is one of Asia's largest real estate groups. The group has publicly-listed as well as private development and investment companies under its umbrella and operates in Singapore, Malaysia, Hong Kong, China, Taiwan, Australia, Japan, and Hawaii.

Far East Organization operates as a Christian enterprise which seeks to be a community of love and a workplace of grace doing business guided by the eternal truths of Jesus Christ.

Far East Organization is the largest private property developer in Singapore. Since its establishment in 1960 by the late Mr Ng Teng Fong, Far East Organization has been contributing to the transformation of Singapore's urban landscape, having built over 780 developments including 55,000 private homes. It is also the city-state's largest private residential landlord and operates one of the largest hospitality portfolios in Singapore. A one-stop real estate emporium, Far East Organization has development and investment interests across diverse sectors covering mixed-use, residential, hotels, serviced residences, retail, office, self-storage, healthcare and industrial developments.

Far East Organization includes three listed entities: Far East Orchard Limited, a hospitality and property group, Far East Hospitality Trust which consists of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust, and Yeo Hiap Seng Limited, a 121-year-old industry pioneer of processed food and beverage products in Southeast Asia.

Far East Organization is the winner of 13 FIABCI World Prix d'Excellence awards, the highest honour in international real estate. The Organization was conferred the Best Organisation for Championing Human Capital by Singapore Human Resources Institute (SHRI) in 2021. Far East Organization ranks among the top 50 Singapore's Best Employers 2022 by The Straits Times - Statista.

Job description:

Responsibilities

Accounts Receivable (Receipt)

• Perform receipt posting accurately on all payment modes and reconciliation functions in the accounting systems
• Reconcile cash and cheques bank-in amounts with the posting reports daily
• Respond to billing inquiries from customers and resolve billing discrepanices in accordance to established procedures

Credit Control

• Perform dunning and collections follow-up for accounts in arrears
• Investigate unidentified credits, disputes and reconcile with customers when required
• Prepare reports on ageing, month-end closing and provisions of bad debt
• Participate in credit review meetings with business partners to identify and follow up on high risk accounts
• Perform profiling, risk assessment and reviews on delinquent accounts
• Propose and implement dunning strategy and process improvements

Requirements

• Degree in Accountancy or equivalent qualification, with minimum 2 years of relevant experience
• Good communication and interpersonal skills
• Proficient in SAP and Microsoft Office