Lta-fin] Deputy Manager, Collections, Receivables and Refunds

2 weeks ago

Singapore LTA Land Transport Authority Full time

[What the role is]

You will be part of the Finance team responsible for the accounting and operations of the collection and receipting functions. This role will provide you with the opportunity to gain insights on and enhance on collection and receipting controls; drive process improvements and co-solution with our internal business groups to derive policies/processes/system solutions to support an effective collection and receipting function.

[What you will be working on]
- Oversee a team of staff to ensure timely and accurate processing, accounting and reconciliation of collections from various payment channels to our sub-systems’ records and resolve discrepancies noted, in compliance with Standard Operating Procedures and Financial Guidelines.
- Prepare/review of monthly audit schedules for bank, deposit and revenue accounts and execute the year-end financial closing processes for the accounts receivable function including liaising with external auditors to support annual financial report preparation.
- Assist in the preparation for annual revenue projection submission, proposal for procurement of services as well as management analysis reports, as required.
- Conduct regular review and update internal controls and Standard Operating Procedures (SOPs) and Financial Procedures Manual and provide support for audits, including timely information provision and management responses.
- Participate in system development and enhancement initiatives for financial functions and drive business process reviews and identify opportunities for digitalisation and RPA implementation.
- Provide timely and effective business advisory support to internal and external stakeholders to address any collections related issues or ascertain accounting treatments for receipts/collections.

[What we are looking for]
- Knowledge in Accountancy or equivalent professional qualifications.
- Minimum 4 years’ relevant working experience with at least 1 year in supervisory position is preferred.
- Effective team player who is committed and self-driven.
- Strong interpersonal and communication skills, resourceful and able to work independently.
- Knowledge of SAP financial systems & Robotic Process Automation (RPA - UiPath, Python) will be an added 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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