Finance Executive

3 days ago


Pioneer, Singapore a4e9da33-c067-4eb6-82c9-509a02600140 Full time $60,000 - $80,000 per year

Job Purpose

  • Oversee Accounts Receivable (AR) operations, ensuring accurate and timely customer receipts offsetting by the AR team.
  • Encompasses credit control, approval of blocked orders, credit limit reviews, and liaison with legal firms for debt recovery.

Key Responsibilities:

AR Oversight & Reconciliation

  • Supervise the AR staff to ensure all receipts are applied accurately and promptly to customer accounts.
  • Monitor daily receipt processing, offsets, and reconciliations, resolving discrepancies as needed.
  • Review AR aging reports and ensure timely clean-up of unapplied or misallocated receipts.

Credit Control & Order Release

  • Monitor and evaluate customer credit limits and payment terms; recommend updates based on payment history and risk profile.
  • Review and approve blocked sales orders in accordance with credit policy and authorisation matrix.
  • Work closely with sales and customer service teams to resolve order release issues.

Debt Collection & Legal Liaison

  • Oversee follow-ups on overdue invoices, ensuring that escalations are handled efficiently.
  • Coordinate with external legal firms on matters relating to long-outstanding debts and legal recovery.
  • Maintain a record of legal cases, customer disputes, and settlement agreements.

Compliance & Reporting

  • Ensure strict adherence to internal controls, company policies, and audit requirements.
  • Generate AR and credit control reports for management, including overdue accounts, DSO, and collection status.
  • Assist in internal and external audit processes by providing relevant documentation and reconciliations.

·Undertake other related duties as may be assigned periodically to support operational objectives.

Requirements:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum 2–5 years of relevant experience in AR operations and credit control.
  • Prior experience supervising AR staff or overseeing AR processes is preferred.
  • Solid understanding of receivables reconciliation, cash application, credit assessment and collection processes.
  • Proficiency in Microsoft Excel and ERP/accounting system
  • Experience with SAP S/4HANA is highly preferred.

HOW TO APPLY

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