Senior Finance Officer/Finance Officer

Hwa Chong Institution; Singapore; On-site; SGD 40,000 - 55,000; Full time

Job summary

An educational institution in Singapore is seeking a Senior Finance Officer to manage financial resources and oversee accounts receivable operations. The ideal candidate will have a diploma or degree in accounting or business, alongside at least two years of relevant experience. Responsibilities include maintaining financial records, issuing invoices, and monitoring fee collections. This role demands strong analytical skills and high ethical standards.

Qualifications

• At least 2 years of experience in accounts receivable, preferably in a similar role.
• Demonstrate high ethical standards and integrity.

Responsibilities

• Maintain student and receivables records.
• Issue invoices for school fees and charges.
• Monitor and collect school fees and other payments.
• Assist in grant-related matters and reporting.

Skills

Strong analytical skills

Problem-solving skills

Proactive and self-motivated

Adaptability

High ethical standards

Education

Diploma or Degree in Accounting, Business or a related field

Tools

MS Office Suite

Financial Software

Job description

The role, within the Finance team, plays a key part in supporting the school's mission and strategic priorities by ensuring the effective and efficient management of financial resources while uploading strong governance and accountability. Reporting directly to the Finance Manager, the Senior Finance Officer/Finance Officer will oversee the school's accounts receivable operations and reporting requirements, contributing to its long-term financial sustainability.

Job Responsibilities

Accounts Receivables

• Maintain student and receivables records.

• Issue invoices for school fees and other related charges.

• Monitor and collect school fees, co-payments and other fees on a monthly basis.

• Handle cash and cheque collections for school fees and miscellaneous receipts.

• Import and post billings and collections into the accounting system.

• Send statements of accounts and reminders for outstanding payments.

• Track and follow up on overdue amounts.

• Prepare student enrolment reports and other required submission to MOE.

• Process Edusave Pupil Fund withdrawals via iBENS and reimburse students accordingly.

• Liaise with parents, students, teachers and MOE on matters related to school fees and financial assistance.

Other Responsibilities

• Assist in grant-related matters and reporting.

• Prepare journal entries.

• Compile schedules for auditors.

• Support the Finance Manager in preparing quarterly GST returns.

• Assist the Finance Manager/Director in banking and treasury matters.

• Perform any other ad-hoc assignments as required.

Job Requirements

• Diploma or Degree in Accounting, Business or a related field.

• At least 2 years of experience in accounts receivable, preferably in a similar role.

• Strong analytical and problem-solving skills, with a keen eye for detail.

• Proactive, self-motivated and adaptable and able to work both independently and collaboratively within a team.

• Demonstrate high ethical standards and integrity.

• Proficient in MS Office Suite, Financial Software and related tools.