Finance Executive

18 hours ago

West Region, Singapore Reeracoen Singapore Pte Ltd Full time $60,000 - $80,000 per year

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】

1) Banking & Reconciliation:

- Perform daily bank balance checks to monitor accounts receivable receipts.

- Conduct bank reconciliations and customer reconciliations as needed.

2) 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:

a) Bi-weekly accounts receivable report

b) Monthly trade receivable report

c) Collection performance report

d) Letter of Credit (LC) report

e) Quarterly Coface turnover declaration

f) Prepare daily cash balance reports (three times a week).

3) 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.

4) 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.

5) 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

- Flexible working time(From 8.30am to 5.15pm or 9am to 5.45pm)

【Requirements & Preferences】

(Must)

- Diploma/Bachelor's Degree in Accountancy/Finance

- At least 3-5 years of Accounts Receivables and accounting ops in MNC/medium-sized settings

- Familiar with cashflow, corporate income tax, GST, and AR Functions

- Hands-on experience with the SAP system is a must

- Highly proficient in Excel (there will be a test on Pivot table, VLookup, other advanced functions)

- Familiar or Knowledge of LC (Letter of Credit), and LG(Letter of Guarantee) in Singapore

- Excellent communication in English in written and verbal forms

- Must be able to work under pressure and tight deadlines while producing good-quality work

(Advantageous)

- Experience working in a home appliances/consumer electronics company


We regret that only shortlisted candidates will be notified.

Registration No.: R Elvin Lee Zhen Yan )

Recruitment Licence: 12C5051

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