Finance Executive

Classic Fine Foods (S) Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in the food industry is seeking a Finance Executive responsible for supporting both Accounts Receivable and Accounts Payable functions. This role is critical for ensuring financial accuracy and timely transaction processing while coordinating effectively with internal and external partners. Ideal candidates should have experience in financial processes, customer service, and a solid understanding of compliance protocols.

Qualifications

• Experience in accounts receivable and payable support.
• Ability to handle customer inquiries and issues.
• Familiarity with internal controls and compliance.

Responsibilities

• Support AR functions by managing customer accounts and inquiries.
• Participate in annual audits and stocktakes.
• Collaborate with teams for financial issue resolution.

Skills

Financial accuracy

Customer service

SAP experience

Job description

The Finance Executive plays a dual role in supporting both Accounts Receivable (AR) and Accounts Payable (AP) functions. The role is critical in ensuring financial accuracy, timely transaction processing, and smooth coordination between internal departments and external partners.

Accounts Receivable (AR) Support

• Respond to customer inquiries and internal requests via email promptly and professionally.

• Answer incoming calls through the virtual phone system.

• Create and maintain new customer accounts in the system.

• Follow up on advance-term customers’ payment status to ensure compliance with credit terms.

• Clean up advance-term accounts by resolving discrepancies such as catch weight issues.

• Send customer Statement of Accounts (SOA) and perform filing of invoices.

• Post receipts for banks in SAP.

• Collect cash from drivers and ensure proper documentation.

• Submit invoices to key customers portal promptly

• Issue debit notes due to pricing discrepancies when necessary.

• Compute and issue customer credit notes for sales rebates, price errors, and stock returns based on agreed terms.

Reporting & Audit Support

• Participate in the annual audit process by providing timely submission of sample documentation.

• Take part in the annual stocktake exercises to ensure inventory accuracy.

Accounts Payable (AP) & Cross-Functional Support

• Collaborate with internal teams to resolve customer-related financial issues.

• Provide backup support to the finance team members

• Participate in remote support for internal requests on Saturdays on a rotational basis.

• Handle any additional duties as assigned by management.

Compliance

• Support internal controls, including audit compliance maintenance.

• Ensure compliance with internal controls and standard operating procedures.