Senior Accounts Executive, Receivables

**MEDITERRANEAN SHIPPING COMPANY SOUTH EAST ASIA (S) PTE LTD**
- 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.**Job Description**:

- 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 to closure with OVA team.

**Job Requirement**
- Min Diploma or Degree in Accountancy / Finance, ACCA or equivalent;
- Minimum 3 to 5 years of relevant work experience in accounts receivables or credit control;
- Experience from container shipping industry highly preferred.
- Preferably 1-2 years’ multi-module ERP or SAP system experience hands-on in end-to-end Receivables Process;
- Good knowledge of IFRS, SFRS, tax laws and systems;
- Advance MS Excel with formula creation and intelligent data massaging skills to handle high volume data for reporting;
- Intermediate MS Word and MS Outlook;
- Good command in written and verbal English language for effective communication;
- High level of Integrity and Ethics;
- Organised and possess strong analytical skills with an eye for details;
- Ability to manage time well to meet tight deadlines and multi-task;
- Able to work under stress and adaptable to changes;
- Self-initiative individual who can work well in a team

**More Information**

**Job Id**
- KG2HM408LLBZXF3N47M2**Job Function**
- Accounting & Finance**Employment Type**
- Full Time**Position Level**
- Senior executive**Min. Education**
- Diploma**Min. Experience**
- 5yrs**Location**

**No of Vacancies**
- 1