Senior Accounts Executive, Receivables

**COMPANY DESCRIPTION**

Founded in 1970, Mediterranean Shipping Company (MSC), S.A of Geneva, Switzerland, is one of the world’s leading container shipping lines. We are a privately-owned global organization operating a network of over 675 offices in 155 countries, employing a team of over 150,000 dedicated individuals. We have an established fleet of 730 container vessels with an intake capacity of circa 23 million TEU carried annually. Our global sailing schedules cover 260+ routes, calling at 520 ports, allowing us to deliver our clients’ cargo almost anywhere in the world.

Operating as independent national carriers, with sea freight offering complemented by our integrated warehousing and haulage services, we offer customers a true door-to-door and global service with unrivalled local knowledge. Trained and experienced experts for our full range of services, including reefer, out-of-gauge, breakbulk and each of our trade services, gives us the ability to uphold the personal service we’re globally recognized for, offering customers peace-of-mind that we will be on-hand to help whenever we are needed.

An opportunity is now available for a career-minded individual to join us in MSC South East Asia (Singapore) Pte Ltd, as **Senior Accounts Executive, Receivables.
**We Offer**

You will embark on a great journey with excellent career development opportunities in a global organization. As **Senior Accounts Executive, Receivables **, you will join a dynamic team of Finance professionals to support and execute financial strategies, processes, controls and systems for the Singapore office. You will have the opportunity to work and communicate across geographical and cultural borders that will enable you to build a strong professional network, as well as develop effective and efficient communication across diverse cultures.

**RESPONSIBILITIES**

**Key Responsibilities**

Reporting to the Accounts Manager, Receivable. In this position, you will have opportunities to acquire skills and knowledge in the following areas:

- Responsible all matters related to Elsewhere Invoicing, which include billing to customers, verify against manifest and contract, dispute handling and send freight confirmation to Port of Load/ Port of Discharge for cargo release.
- Ensure timely collection of outstanding monies due within terms, as well as all other related functions as assigned. Responsible for all collections from Cash and Credit Customers, which include payments by, Cheques and wire transfer.
- Responsible for month end closing reporting such as AR Ageing reporting, Local Income Reconciliation, Dispute Management and checking on billing completeness
- Support / perform periodic credit review of local customers
- Collaborate with internal and external customers to drive improvements in Credit Control activities.
- Any other projects as and when assigned.

**Elsewhere Freight Control and Receivables Tasks**
- Ensure invoices, credit notes, and JVs posted timely.
- Ensure Elsewhere Freight payable in Singapore are invoiced and collected timely and complies with Company and MSC Group policies.
- Ensure billing completeness, month end reconciliation and dispute management are submitting on time for review.
- E-mails with clients, ports, agencies, Regional Office and MSC Geneva are replied within 24-hours and resolve issues expeditiously.
- On-time collection of dues within terms granted and receipts matched to invoices.
- Maintain strict Credit Control by contacting clients, investigate non-payment circumstances; negotiate and resolving conflicts to expedite receipts.

**Collections Matching Tasks**
- Verify Cheque Collection record logbook daily at Counter to tally cheque count and confirm collection receipts. Ensure completeness and correctness of Daily cheque/ wire transfer posting into SAP system, matching in Client Account and deposit all daily cheques into Company bank.
- Resolve payments discrepancies, e.g. short or over-payments, no payment details given, incorrect currency paid, cheques no signature, cheque post-dated or wrongly dated.
- Liaise with colleagues and customers for receipt allocations and returned cheque.
- Update Cheque Returned Summary and inform management with status.
- Reconcile Negative balances monthly.
- Prepare Debtors Statement of Account (SOA) reconciliation

**Reporting and Deliverables to Management**
- Weekly Collections Forecast Cashflow Report and Demurrage Collection report.
- Monthly AR Ageing reporting and KPI report for management.
- Monthly Invoices to be issued Account Reconciliation Report.
- Monthly credit term granted report to management.
- Assist in preparing outstanding status for AR Ageing meeting.
- Liaise with External and Internal Auditors.

**Systems and Process Improvement**
- Raise OVA service request/ incidents to fix bugs on-time.
- Identify system / process misalignments to drive standardisation and improvement, create service request/ incidents & follow-through t