Finance Executive

6 days ago


Jurong, Singapore Drew Marine Full time

**Job Summary**:
After a training period the incumbent will be responsible for:
Accounts Receivable: Collecting funds from customers within company guidelines, resolving invoice disputes, and building credit files. The range of responsibility is variable/geographic as is number of accounts.

Accounts Payable: Keying vendor invoices, payment and prepare accruals journals for closing.

**Principal Duties and Responsibilities**:

- Consistently analyze the JDE customer ledger to extract collectible items, to uncover offsetting and unapplied items and to identify disputed items
- Contact customers and internal sources to facilitate payment
- Inform manager of serious collection issues and any major changes in account status
- Assist manager in establishing credit files for new and existing accounts, and with periodic credit review of select customers (methodology to be determined as part of Global effort to establish regular ‘rolling’ credit reviews for select customers). This entails obtaining a D&B report, bank and trade references, and financial statements (as needed)
- Review quotes and purchase orders for ‘T’ coded customers and authorize or deny shipment
- Submit monthly reports; analyze. Ad-hoc reporting
- Perform Cash Application tasks when necessary
- Work closely with Sales, Customer Service, Data Management, and Accounting
- Credit card processing and reconciliation
- Prepare customer statements of account
- Prepare quarterly business reviews.
- Review accounts for offsets and possible refunds daily
- Prepare refunds for processing
- Be engaged in process improvement by identifying manual process and thinking of solutions for a more efficient process
- Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
- Reconciling processed work by verifying entries and comparing system reports to balances
- Maintaining historical records
- Paying employees by verifying expense reports and preparing pay checks
- Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit
- Responding to vendor enquiries regarding finance
- Prepare journals for month end close
- Preparing analyses of accounts and producing monthly reports
- Continuing to improve the payment process
- Able to handle multiple countries within Asia
- Other tasks may be assigned

**Required / Desired Knowledge, Experiences and Skills**:

- Must have at least 3-5 years of experience as an accounting professional, preferably in a corporate global environment
- Must possess solid analytical and research skills, balanced with solid interpersonal communication skills
- Profiency in Excel and JD Edwards required
- Knowledge of credit checking, payment and input of vendor invoices procedures required
- Must be focused, dependable and flexible. Must be able to manage multiple prioirites and prioritize workload
- Must be able to work independently, make sound decisions and have a professional demeanor
- Ability to effectively communicate in English required

**Education/Certifications**:

- Diploma/Bachelor’s degree in Accounting is preferred.

**Physical Working Environment**:
Work is primarily in an air-conditioned and heated office facility. Must be able to sit for extended periods of time, operate typical office equipment (copiers, faxes, computers and keyboards). Must have finger dexterity necessary to operate computer keyboard.

The above statements are intended to describe the general nature of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of employees so classified.

**_
Drew Marine is a global leader providing technical solutions and services to the marine industry with a comprehensive line of advanced marine chemicals, and equipment. Supported by a worldwide network of service engineers, and global supply chain delivering to more than 900 ports, we have a portfolio of products and services including: Water Treatment, Fuel Treatment, Maintenance Cleaners, Welding & Refrigeration, Engineered Systems & Products, Onboard Test Kits, and Analytical Services_**

**_
Drew Marine provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type. All employment decisions at Drew Marine are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws._


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