principal/senior finance executive, collections, receivables and refunds

1 week ago

Singapore LTA Land Transport Authority Full time $120,000 - $180,000 per year

[What the role is]

Principal/Senior Finance Executive, Collections, Receivables and Refunds

[What you will be working on]

You will be part of a dynamic Finance team responsible for the revenue collection and account receivables function while driving process improvement in the team through the use of automation and cutting-edge technology.

Your core responsibility involves ensuring accurate and prompt collection, reconciliation, and accounting of bus and rail fare and non-fare revenue from contract counterparties. You will work closely with various stakeholders including public transport operators, transit acquirer, system vendors, and internal business teams to maintain seamless revenue operations and resolve discrepancies in accordance with established contractual frameworks and operating procedures.

Other key aspects of your role are to execute automated financial processes for operational needs, perform first-level end-user troubleshooting of system issues encountered and monitor them for resolution by vendors, contribute to the development of new system enhancements or automation projects including the provision of user requirements and the conduct of user acceptance tests.

You will also participate in month-end and year-end closing activities, prepare audit schedules and interface with internal/external auditors to address queries and provide necessary documentation to support the annual financial report preparation and audits.

In addition, you will identify opportunities for business process improvements and participate in digitalisation /transformation initiatives to streamline and enhance operational processes to achieve greater work efficiency.

[What we are looking for]

  • Knowledge in Accountancy, Finance or Business or equivalent.
  • At least 3 years of experience in handling Finance Operations.
  • Knowledge of various finance processes such as account receivables, revenue collections and reconciliations.
  • Positive attitude with a strong passion to learn and contribute to the organisation.
  • Able to work independently, perform well under pressure to deliver within deadlines.
  • Excellent communication and interpersonal skills with the ability to interact with various stakeholders.
  • Effective team-player who is self-driven, analytical and resourceful.
  • Meticulous with numbers and proficient with Microsoft Office applications.
  • Experience in SAP financial system and Robotic Process Automation (RPA) such as UiPath/Python will be an advantage.

As part of the shortlisting process for the role, you may be required to complete a medical declaration and / or undergo further assessment.

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