Senior Associate, Project Accounts Receivable

Otis; Singapore; On-site; SGD 55,000 - 75,000; Full time

Job summary

A leading global elevator company in Singapore is seeking an experienced professional for contract accounting. The ideal candidate will have a Bachelor's Degree in Business Administration, at least 3 years of relevant experience, and strong skills in customer service and accounting. Responsibilities include managing payment claims, invoicing, and customer relations. Join a company known for its innovative approach and diverse team. Competitive benefits and training opportunities are offered.

Benefits

Opportunities for training and resources

Employee Scholar Program

Qualifications

• Minimum of 3 years of relevant contract accounting experience.
• Prior experience in the construction industry is highly preferred.
• Strong understanding of project management principles and billing methodology.

Responsibilities

• Work closely with the project team for payment progress claims submission.
• Follow up with customers on invoices and outstanding balance.
• Provide regular updates to stakeholders on project invoices.

Skills

Customer Service

Collection Efforts

A / R Management

General Ledger Accounting

Excel

Financial Statement

Accounting

Timely Collections

Education

Bachelors Degree / Diploma in Business Administration

Tools

ERP (JDE Edwards)

Excel

Job description

Date Posted :

Country : Singapore

Location :

8 Kallang Avenue #07-01 / 09 Aperia Tower 1 Singapore

At Otis its our people that make us different. Come and join OTIS today and be part of the Forbes 2024 Worlds Best Employers!

Join the Otis family where collaboration innovation and empowerment help each individual and the company reach new heights.

Key Responsibilities

• Work closely with project team to gather necessary information for payment progress claims submission or as outline in the contract
• Follow up customers certificate and submit the invoices to customer
• Address questions or concerns clients may have in regards to progress of claims / billing
• Reach out to customer with outstanding balance to prompt payment and manage collection efforts
• Provide regular updates to stakeholders on the status of project invoices and outstanding receivables
• Follow up with customers on projects retention release or outstanding claims
• Review the credit worthiness of new equipment / modernization customers and recommend appropriate payment terms
• Liaise with bank to issue performance bond and ensure that contract requirements are adequately met
• Coordinate with other departments and responsible for follow-up and resolution PB issuance

Requirement

• Bachelors Degree / Diploma in Business Administration Accounting or relevant disciplines
• Min. 3 years of relevant contract accounting experience prior experience in Construction industry is highly preferred
• Strong understanding of project management principles and billing methodology
• Meticulous and attention to details to ensure accurate invoicing
• Proficient in ERP (JDE Edwards) would be added advantageous
• Excellent communication skills and customers management
• Good analytical skills to identify billing issues and potential risk

If you live in a city chances are we will give you a lift or play a role in keeping you moving every day.

Otis is the worlds leading elevator and escalator manufacturing installation and service company. We move 2.4 billion people every day and maintain approximately 2.4 million customer units worldwide the industrys largest Service portfolio.

You may recognize our products in some of the worlds most famous landmarks including the Eiffel Tower Empire State Building Burj Khalifa and the Petronas Twin Towers! We are 72000 people strong including engineers digital technology experts sales and functional specialists as well as factory and field technicians all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving high-performance company.

When you join Otis you become part of an innovative global industry leader with a resilient business model. Youll belong to a diverse trusted and caring community where your contributions and the skills and capabilities youll gain working alongside the best and brightest keep us connected and on the cutting edge.

We provide opportunities training and resources that build leadership and capabilities in Sales Field Engineering and Major Projects and our Employee Scholar Program is a notable point of pride through which Otis sponsors colleagues to pursue degrees or certification programs.

Today our focus more than ever is on people. As a global people-powered company we put people passengers customers and colleagues at the center of everything we do. We are guided by our values that we call our Three Absolutes prioritizing Safety Ethics Quality in all that we do. If you would like to learn more about environmental social and governance (ESG) at Otis click here.

Become a part of the Otis team and help us #Buildwhatsnext!

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or veteran status age or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability please contact us at

Privacy Policy and Terms :

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Required Experience :

Senior IC

Key Skills

Journal Entry,Customer Service,Collection effort,A / R Management,Past due Account,General Ledger Accounting,Accounting,Excel,Payroll,Financial statement,Collection procedures,Customer Account,Delinquents Account,Direct Reports,Timely collections

Employment Type : Full-Time

Experience : years

Vacancy : 1