Finance Executive
6 days ago
Job Title: Finance Executive (Accounts Receivable)
Reference ID: 36282
Our client is a major player in the home appliance and electronics industry. They are looking for a Finance Executive to be in charge of mainly Accounts Receivable functions
Reporting to:
Head – Finance & Accounting
Responsibilities
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 the weekly customer overdue balance report (every Friday), 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
Quarterly Coface turnover declaration
Prepare daily cash balance reports (three times a week).
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.
Other Duties:
- Support ad-hoc tasks as assigned by the Finance team or management.
What you will receive
Variable Bonus (Depending on the company and individual performance)
Annual Leave: 15 days
Medical Leave: 14 days
Medical and Insurance benefits
Requirements & Preferences
(Must)
- Diploma/Bachelor's Degree in Accountancy/Finance
- At least 3-5 years of finance and accounting experience (especially in Accounts Receivable) in MNC/Medium sized settings
- Must be able to work under pressure and tight deadlines while producing good-quality work
- Familiar with GST rules and LC (Letter of Credit) in Singapore
- Excellent communication in English in written and verbal
- Ability to join within 1 month or by March 2025
(Advantageous)
- Experience working in a home appliances/consumer electronics company
We regret that only shortlisted candidates will be notified.
Registration No.: R24122864 (Cathy Chau)
Recruitment Licence: 12C5051
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