Finance Executive (AR Operations & Credit Control)

Nippon Paint (Singapore) Co Pte Ltd; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading paint company in Singapore is seeking a Finance Executive to oversee Accounts Receivable operations. The ideal candidate will ensure timely customer receipts, manage credit control processes, and liaise with legal firms for debt recovery. A Bachelor's degree in Accounting or Finance is required along with 2–5 years of relevant experience. Proficiency in Microsoft Excel and familiarity with SAP S/4HANA are highly preferred.

Qualifications

• Minimum 2–5 years of relevant experience in AR operations and credit control.
• Prior experience supervising AR staff or overseeing AR processes is preferred.
• Solid understanding of receivables reconciliation, cash application, credit assessment and collection processes.

Responsibilities

• Supervise AR staff to ensure accurate application of receipts.
• Monitor daily receipt processing and reconciliations.
• Review customer credit limits and recommend updates.
• Coordinate with legal firms for debt recovery.

Skills

Attention to detail

Analytical skills

Problem-solving

Communication skills

Microsoft Excel proficiency

Education

Bachelor's degree in Accounting, Finance, or a related field

Tools

SAP S/4HANA

ERP/accounting system

Job description

Summary

We are looking for a meticulous and assertive Finance Executive to oversee Accounts Receivable (AR) operations, ensuring accurate and timely customer receipts offsetting by the AR team. This role also encompasses credit control, approval of blocked orders, credit limit reviews, and liaison with legal firms for debt recovery. The ideal candidate will be proactive, compliance-focused, and capable of driving operational efficiency within the AR function.

Key Responsibilities

AR Oversight & Reconciliation

• Supervise the AR staff to ensure all receipts are applied accurately and promptly to customer accounts.
• Monitor daily receipt processing, offsets, and reconciliations, resolving discrepancies as needed.
• Review AR aging reports and ensure timely clean‑up of unapplied or misallocated receipts.

Credit Control & Order Release

• Monitor and evaluate customer credit limits and payment terms; recommend updates based on payment history and risk profile.
• Review and approve blocked sales orders in accordance with credit policy and authorisation matrix.
• Work closely with sales and customer service teams to resolve order release issues.

Debt Collection & Legal Liaison

• Oversee follow‑ups on overdue invoices, ensuring that escalations are handled efficiently.
• Coordinate with external legal firms on matters relating to long‑outstanding debts and legal recovery.
• Maintain a record of legal cases, customer disputes, and settlement agreements.

Compliance & Reporting

• Ensure strict adherence to internal controls, company policies, and audit requirements.
• Generate AR and credit control reports for management, including overdue accounts, DSO, and collection status.
• Assist in internal and external audit processes by providing relevant documentation and reconciliations.

• Undertake other related duties as may be assigned periodically to support operational objectives.

Requirements

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 2–5 years of relevant experience in AR operations and credit control.
• Prior experience supervising AR staff or overseeing AR processes is preferred.
• Solid understanding of receivables reconciliation, cash application, credit assessment and collection processes.
• Strong attention to detail, problem‑solving, and analytical skills.
• Excellent communication skills to coordinate across internal teams and external parties.
• Proficiency in Microsoft Excel and ERP/accounting system.
• Experience with SAP S/4HANA is highly preferred.