Financial Operations Manager
1 month ago
About Us
Far East Organization is a leading Christian Enterprise that develops real estate and operates businesses with integrity and honesty. As one of Asia's largest real estate groups, we have operations in Singapore, Malaysia, Australia, Japan, China, and the USA.
We are the largest private property developer in Singapore, having developed over 780 developments across all segments of real estate, including 55,000 private homes since our establishment in 1960. Our group includes three listed entities: Far East Orchard Limited, Far East Hospitality Trust, and Yeo Hiap Seng Limited.
We have won 14 FIABCI World Prix d'Excellence awards, the highest honour in international real estate. In 2022, we were listed as top 50 of The Straits Times' Singapore Best Employers Study. We believe in taking care of our people's total well-being as they grow with us.
We nurture a community where talent is developed and recognised, innovative ideas are encouraged, and achievements 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 analysing accounts receivable ageing and industry payment trends.
- Analyse and increase staff productivity and effectiveness.
- Strengthen current internal controls, processes, and systems.
Requirements
- Degree in Accountancy or 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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