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Accounts Receivable
6 months ago
Job Description
As one of the world’s leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to change lives and to transform organisations. A global perspective and cultural diversity are reflected in all aspects of our research and teaching. With campuses in Europe (France), Asia (Singapore), Middle East (Abu Dhabi) and North America (San Francisco), INSEAD’s business education and research spans four continents.
INSEAD is currently looking to hire an Accounts Receivable (AR) Accountant to join our Finance Department. This is a full-time and permanent position that will be based at our Asia Campus in Singapore, One-North.
Reporting to the Global Accounts Receivable Manager, the successful candidate will be responsible for billing and collecting cash for INSEAD’s Open Enrolment Programmes (OEP) revenue streams in Singapore (SGP) and Abu Dhabi (AD), as well as invoices from Degree Programmes (DP). In addition, they will also perform related accounting entries pertaining to revenue, receipts and year-end cut-off entries.
Main responsibilities will include:
Prepare and raise invoices for OEP programs billed from SGP and AD Campus, as well as some DP invoicing through Peoplesoft, while ensuring they are in compliance with all tax regulations, within the timeframe required. Ensure proper recording of invoicing and payment transactions in Oracle and other related systems. Send the invoices to the customer and whenever necessary upload the invoices on the vendor portals. Ensure compliance with procurement process required by our customers. Chase for payment and monitor ageing balance in order to avoid overdue billings. Check accounting interfaces. Record associated Revenue and Cash receipts. Calculate and record revenue recognition cut off entries. Identify doubtful and record losses on an annual basis.The successful candidate should have the following profile:
Higher degree in accounting, sales administration or other relevant field At least 5 to 10 years working experience, and with some relevant experience in an Accounts Receivable function in an international organisation Both autonomous and collaborative Savvy with IT systems, proficient with Oracle Finance and Peoplesoft Capability to work with tight deadlines and under pressure Excellent command of both written and spoken English is required Outstanding organizational skills with an ability to multi-task with attention to details Excellent communication skills and customer-oriented Proficiency in ExcelWe regret that only shortlisted candidates will be contacted.