Assistant Manager, Accounts Receivable
4 weeks ago
About Us
Far East Organization is a leading Christian enterprise that develops real estate and operates businesses with a strong commitment to serving with grace, love, integrity, and honesty. As one of Asia's largest real estate groups, we operate in Singapore, Malaysia, Australia, Japan, China (Mainland and Hong Kong), and the USA.
Our Business
We are the largest private property developer in Singapore, with a portfolio of over 780 developments across all segments of real estate, including 55,000 private homes. Our company includes three listed entities: Far East Orchard Limited, Far East Hospitality Trust, and Yeo Hiap Seng Limited.
Awards and Recognition
We have won 14 FIABCI World Prix d'Excellence awards, the highest honor in international real estate. In 2022, we were listed as one of the top 50 Singapore Best Employers by The Straits Times.
Our Culture
We believe in taking care of the total well-being of our people as they grow with us. We foster a community where talent is developed and recognized, innovative ideas are encouraged, and achievements are celebrated. Our health and well-being benefits provide physical, mental, and spiritual support to our people and their families.
Responsibilities
- Manage the AR team to ensure timely and accurate processing of invoicing, collection of payments, and posting of receipts.
- Assess new and existing customer accounts by handling credit assessments and yearly evaluations to control arrears risk exposure.
- Review customers' and tenants' accounts on their outstanding balances, accuracy, and validity.
- Lead the credit review and arrear management meetings and advise the operational head on credit controls strategy and legal alternatives in handling defaults.
- Provide business units with recommendations on credit term extensions by analyzing accounts receivable aging and industry payment trends.
- Analyze and increase staff productivity and effectiveness.
- Strengthen current internal controls, processes, and systems.
Requirements
- Degree in Accountancy/Finance with a minimum of 8 years of relevant experience.
- Proficiency in Microsoft Office.
- Strong people management, communication, and analytical skills.
- Knowledge of SAP is preferred.
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