Finance Executive, Accounts Receivable

FAR EAST MANAGEMENT (PRIVATE) LIMITED; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A reputable company in Singapore is looking for an Accounts Receivable professional to manage receipt posting and credit control activities. The ideal candidate should have a degree in Accountancy and at least 2 years of relevant experience. Responsibilities include dunning and collections follow-up, reconciling discrepancies, and preparing financial reports. Strong proficiency in SAP and Microsoft Office is required.

Qualifications

• Minimum 2 years of relevant experience.

Responsibilities

• Perform receipt posting accurately on all payment modes and reconcile functions.
• Reconcile cash and cheque bank-in amounts daily.
• Respond to billing inquiries and resolve discrepancies.
• Perform dunning and collections follow-up for accounts in arrears.
• Investigate unidentified credits and reconcile with customers.
• Prepare reports on ageing, month-end closing and provisions.
• Participate in credit review meetings with business partners.
• Perform profiling, risk assessment, and reviews on delinquent accounts.
• Propose and implement dunning strategies and process improvements.

Skills

Communication skills

Interpersonal skills

Proficiency in SAP

Proficiency in Microsoft Office

Education

Degree in Accountancy or equivalent

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 discrepancies 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