Finance Executive, Accounts Receivable

Far East Organization; Singapore; On-site; SGD 48,000 - 60,000; Full time

Job summary

A leading real estate development firm in Singapore is seeking an Accounts Receivable professional. You'll accurately post receipts, handle billing inquiries, and conduct credit control by managing accounts in arrears. A degree in Accountancy and at least 2 years of relevant experience are required. This role offers benefits including annual leave, performance bonuses, and health coverage.

Benefits

Annual leave

Performance bonus

Medical coverage

Birthday leave

Flexible benefits

Qualifications

• Minimum 2 years of relevant experience in accounting.
• Ability to handle billing inquiries and discrepancies.

Responsibilities

• Perform receipt posting and reconciliation functions.
• Manage dunning and collections for accounts in arrears.
• Prepare reports on ageing and bad debt provisions.

Skills

Communication skills

Interpersonal skills

Education

Degree in Accountancy or equivalent

Job description

Far East Organization is a Christian Enterprise, which develops real estate and operates businesses by serving with grace, love, integrity and honesty. Together with its Hong Kong-based sister company Sino Group, they are one of Asia’s largest real estate groups, with operations in Singapore, Malaysia, Australia, Japan, China (Mainland and Hong Kong) and USA.

Far East Organization is the largest private property developer in Singapore, having developed over 780 developments across all segments of real estate including 55,000 private homes in Singapore since its establishment in 1960. Far East Organization includes three listed entities: Far East Orchard Limited, Far East Hospitality Trust and Yeo Hiap Seng Limited.

Far East Organization is the winner of 14 FIABCI World Prix d’Excellence awards, the highest honour in international real estate. In 2022, Far East Organization is listed as top 50 of The Straits Time’s Singapore Best Employers Study. We believe in taking care of the total well-being of our people as they grow with us. We nurture a community where talent is developed and recognised, innovative ideas are encouraged, and achievements celebrated.

Our health and well-being benefits provide physical, mental and spiritual support to our people and their families. In addition to annual leave, performance bonus, medical and insurance coverage, you can anticipate the provision of birthday leave, birthday benefits, family care leave, flexible benefits, staff rebates at F&B outlets, and special rates at our hotels, both locally and overseas. We empower you in your engagement with the wider community by providing variedactivities toexperience differentopportunitiestoserve andcontribute tothecommunity.

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