Finance Specialist , AP/AR

SINGAPORE INSTITUTE OF MANAGEMENT GROUP LIMITED; Singapore; On-site; SGD 72,000 - 108,000; Full time

Job summary

Singapore Institute of Management Group Limited is seeking a Finance Specialist to support end-to-end AR/AP operations, including billing, receipting, reconciliations, collections, and issue resolution. The role serves as a key liaison between Finance, Business Users, IT, and SAP support teams to ensure smooth SAP-based processes and timely issue resolution.

This is a 1-year contract with a discretionary 1-month bonus upon completion of the term, offering an opportunity to contribute to process

Qualifications

• Degree in Accounting, Finance, or related discipline.
• 3–5 years of supervisory experience in AR or AP.
• Hands-on experience in SAP or other ERP systems.
• Proficient in Microsoft Excel and financial reporting tools.

Responsibilities

• Perform daily receipting, allocation, reconciliation, and collection activities.
• Monitor customer accounts and follow up on outstanding receivables.
• Investigate and resolve discrepancies relating to billings, receipts, customer balances.
• Support SAP users on AR/AP related transactions and resolve system issues.
• Assist in reviewing and improving AR/AP processes and documentation.

Skills

Analytical thinking

Problem solving

Reconciliation

Attention to detail

Cross-functional

Stakeholder management

Excel skills

Education

Degree in Accounting, Finance, or related discipline

Tools

SAP

Excel

Job description

This will be a 1-year contract role with 1 month discretionary bonus upon completion of contract.

Job Purpose

The Finance Specialists is responsible for supporting the end-to-end functions, including billing, collections, receipting, reconciliations, and issue resolution. The role serves as a key liaison between Finance, Business Users, IT, and SAP support teams to ensure smooth AR & AP operations, timely issue resolution, and continuous process improvement.

Key Responsibilities

1. 1. Accounts Receivable or Accounts Payable Operations
   • - Perform daily receipting, allocation, reconciliation, and collection activities.
   • - Monitor customer accounts and follow up on outstanding receivables to ensure timely collections.
   • - Investigate and resolve discrepancies relating to billings, receipts, customer balances, and account reconciliations.
   • - Maintain accurate AR / AP records and ensure compliance with internal policies and procedures.
2. 2. SAP and System Support
   • - Support users on Sales Order, billing, receipting, and AR / AP -related transactions in SAP.
   • - Monitor, track, and follow up on SAP-related operational issues to ensure timely resolution.
   • - Coordinate with SAP consultants, IT teams, and business users to investigate and resolve system issues.
   • - Perform testing and validation of system enhancements, fixes, and process improvements
3. 3. Month-End Closing and Reporting
   • - Support month-end and year-end closing activities related to Accounts Receivable / Accounts Payable.
   • - Prepare account reconciliations and management reports.
   • - Ensure completeness and accuracy of AR / AP balances and supporting documentation.
4. 4. Month-End Closing and Reporting
   • - Support month-end and year-end closing activities related to Accounts Receivable / Accounts Payable.
   • - Prepare account reconciliations and management reports.
   • - Ensure completeness and accuracy of AP/AR balances and supporting documentation.
5. 5. Process Improvement and Documentation
   • - Assist in reviewing and improving AR / AP processes to enhance efficiency and effectiveness.
   • - Identify opportunities for automation and reporting enhancements to reduce manual effort.
   • - Support the development and maintenance of process documentation, user guides, and training materials.
   • - Promote standardization and consistency of AR/AP processes across business units and entities

Requirements

Education & Qualifications

- Degree in Accounting, Finance, or related discipline

- 3-5 years of supervisory experience in Accounts Receivables or Accounts Payable.

Skills & Competencies

- Hands-on experience in SAP or other ERP systems

- Good understanding of Accounts Receivable / Accounts Payable processes, reconciliations, and supplier account management.

- Strong analytical, problem-solving, and reconciliation skills with attention to detail.

- Experience working with cross-functional stakeholders and system support teams.

- Proficient in Microsoft Excel and financial reporting tools.

- Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.

- Strong communication and stakeholder management skills.