Accounts Receivable/Credit Control (Accounting)
Full time
Minimum Level of Qualification:
Minimum 2-3 years working experience in Finance/accounts receivable, with more than 2 years role in multinational/international organization.
Preferably with experience in industry of shipping, logistics and/or transportation.
Bachelor's degree in Finance & Accounting; CPA qualification is a plus but not required.
Previously worked in both Malaysia and Singapore or covered Singapore based customers.
Responsibilities:
General ResponsibilitiesCoordinate the monthly accounting closing with the accounting team in GBS, ensuring completeness of bank reconciliation, clearance of OIM GL, and proper accruals/prepayment.
Review monthly Balance Sheet reconciliation and suggest improvements.
Perform variance analysis and analytical review on financial statements. Identify discrepancies and risks, propose recommendations and action plans.
Complete reporting and submissions as required.
Ensure proper accounting record keeping and reporting to meet the requirements of internal audit, external auditor, and local authority.
Prepare Unclaimed Monies Act Report.
Assist in yearly fixed asset verification for both countries.
Audit & Tax ResponsibilitiesInvolved in both internal and external audit exercises by managing queries and preparation of required schedules/information.
Ensure all internal controls are adhered to in daily operations.
Support Tax/GL team and work closely with the regional office on ongoing tax topics.
Ensure timely and accurate filing of all applicable tax returns for local entities, branches, and carriers' representation.
Ensure timely review of Transfer Pricing documents.
Keep abreast and ensure compliance with local tax laws.
Budget & Forecast ResponsibilitiesCoordinate with other HODs in completion of the budget & forecast exercise.
Review with Finance Manager & CFO in finalizing the budget numbers.
Work with GBS and Regional Office on OneStream reporting.
Account Receivable Executive ResponsibilitiesManage Singapore-based agency accounts and customer interactions, specifically with the GBS India Collection team.
Handle customer inquiries related to bank information, documentation, credit applications, and renewals.
Proactively follow up on overdue accounts and work to recover outstanding payments.
Monitor and manage delinquent and default accounts, applying credit restrictions where necessary.
Engage in dispute resolution to clear outstanding amounts and prevent escalations.
Prepare and analyze reports related to collections, delinquencies, and credit application status.
Analyze weekly accounts receivable data to determine accounts requiring intervention or write-offs.
Prepare monthly/weekly/daily reports, including late payment interest fee invoices and monthly collection updates to the Regional Office Credit management team.
Assist GBS AR in reconciling excess/unapplied payments from customers.
Coordinate with AP team & Treasury team for payment exchange/offsetting.
Coordinate with the treasury team on personal payment refunds on a monthly basis.
Ensure compliance with bank regulations and handle bank queries related to customer payments.
Conduct regular review meetings with the CFO and collectors to assess collection progress.
Communicate billing and refund progress on NOVA to internal stakeholders and customers as needed.
Support any additional tasks as assigned by management, contributing to the adaptability required in the role.#J-18808-Ljbffr