Credit Control Officer

7 days ago


Singapore TP ICAP Full time

Responsible for Credit Control and Accounts Receivables Collections for Singapore, and Act as Liaison Officer for APAC with Global Accounts Receivables Team

Credit Control
- Administer the creation, distribution and reconciliation of Accounts Receivables invoices
- Maintain client relationship and client standing data in association with settlements
- Receipt and allocate cash from bank statements or clients correspondences on a timely basis and an accurate manner to ensure zero unallocated cash
- Regular liaison with Global Accounts Receivable Team based in UK on global banking clients of Singapore
- To act as liaison between APAC Accounts Receivable Teams and Global Accounts ReceivableTeam
- Maintain standing data of customers and work with on-boarding team to ensure all customers are in the system
- Reconcile the revenue and invoice upload files from settlement systems to accounting system and resolve all encountered issues

Collections
- Draw up a plan to achieve DSO (Days of Outstanding Sales) Targets set by Regional Management

Reporting
- Prepare Accounts Receivables reconciliation from AR module to GL module
- Prepare daily and weekly collections report and provide commentaries on non-collections as well as number of calls made to customers
- Prepare aged debts reports on a monthly basis to Regional Management, with analysis provided
- Monito DSO (Days of Outstanding Sales) position on a monthly basis, with analysis provided on Targets shortfall and steps to take to achieve DSO Targets
- Recommend provisions for bad debts/write off to Accountants or Regional Management
- Ensure all invoices have been generated and sent out to customers. Follow up and resolve un-sent invoices
- Prepare manual invoices/credit notes and collate for management’s review and approval before sending out to customers
- Analyse and provide commentaries on aged debt for management’s review and approval

Project
- To participate in system and other projects where required and to contribute actively with an aim to roll out deliverables on time and successfully

Others
- Assist with audit, information requests and analysis on Accounts Receivables as required
- Liaise with Tax Officer or Tax Agent to provide requisite data on Accounts Receivables and Provision made for Bad Debts for Corporate Tax Filing purpose
- To ensure financial controls and risk controls procedures are being complied with at all times

Location

Singapore - 50 Raffles Place - Singapore



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