Finance Executive, Accounts Receivable

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

Job summary

A financial management firm in Singapore is seeking an Accounts Receivable and Credit Control Specialist. The ideal candidate will be responsible for receipt posting, cash reconciliation, handling billing inquiries, and managing collections. Applicants must have a degree in Accountancy and at least 2 years of relevant experience, along with proficiency in SAP and Microsoft Office.

Qualifications

• Minimum 2 years of relevant experience.
• Good communication and interpersonal skills.
• Proficient in SAP and Microsoft Office.

Responsibilities

• Perform receipt posting accurately on all payment modes.
• Reconcile cash and cheques bank-in amounts with posting reports.
• Respond to billing inquiries and resolve discrepancies.
• Perform dunning and collections follow-up.
• Investigate unidentified credits and reconcile with customers.
• Prepare reports on ageing and provisions of bad debt.
• Participate in credit review meetings to identify high risk accounts.
• Perform profiling and risk assessment on delinquent accounts.
• Propose dunning strategy and process improvements.

Skills

Communication skills

Interpersonal skills

SAP proficiency

Microsoft Office proficiency

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