Senior Associate, Project Accounts Receivable

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At Otis, it's our people that make us different. Come and join OTIS today and be part of the Forbes 2024 World's Best Employers

Join the Otis family where collaboration, innovation, and empowerment help each individual and the company reach new heights.

Key Responsibilities

• Work closely with project team to gather necessary information for payment progress claims submission or as outline in the contract

• Follow up customer's certificate and submit the invoices to customer

• Address questions or concerns clients may have in regards to progress of claims/billing

• Reach out to customer with outstanding balance to prompt payment and manage collection efforts

• Provide regular updates to stakeholders on the status of project invoices and outstanding receivables

• Follow up with customers on projects retention release or outstanding claims

• Review the credit worthiness of new equipment/modernization customers and recommend appropriate payment terms

• Liaise with bank to issue performance bond and ensure that contract requirements are adequately met

• Coordinate with other departments and responsible for follow-up and resolution PB issuance

Requirement

• Bachelor's Degree/ Diploma in Business Administration, Accounting or relevant disciplines

• Min. 3 years of relevant contract accounting experience, prior experience in Construction industry is highly preferred

• Strong understanding of project management principles and billing methodology

• Meticulous and attention to details to ensure accurate invoicing

• Proficient in ERP (JDE Edwards) would be added advantageous

• Excellent communication skills and customers management

• Good analytical skills to identify billing issues and potential risk

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day. 

Otis is the world's leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio.  

You may recognize our products in some of the world's most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.  

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You'll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you'll gain working alongside the best and brightest, keep us connected and on the cutting edge.  

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.   

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do.  We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here.  

Become a part of the Otis team and help us #Buildwhatsnext 

Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at

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