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Financial Controller

1 week ago

Singapore Reeracoen Singapore Pte Ltd Full time

Company Overview

  • Reeracoen Singapore Pte Ltd is a major player in the home appliance and electronics industry.

Job Description

Key Responsibilities

Reporting to the Head – Finance & Accounting, you will be responsible for managing mainly Accounts Receivable functions.

  • Banking & Reconciliation: Perform daily bank balance checks to monitor accounts receivable receipts. Conduct bank reconciliations and customer reconciliations as needed.
  • Reporting & Credit Management: Prepare and monitor weekly customer overdue balance reports, ensuring timely follow-ups with the sales team. Handle and compile accounts receivable reports as required by HQ Finance, including bi-weekly accounts receivable report, monthly trade receivable report, collection performance report, letter of credit (LG) report, and quarterly Coface turnover declaration.
  • Customer Management: Maintain and update the customer master record. Prepare and issue debit/credit notes to customers. Manage customer rebate accruals and settlements. Handle letters of credit processing.
  • Compliance & Audit: Conduct quarterly credit limit reviews and oversee credit insurance renewals. Prepare and file the monthly GST report. Liaise with internal and external auditors on financial matters.