Finance Executive (Account Receivable)

Finance Executive (Accounts Receivable (Retail))

The Finance Executive - Accounts Receivable (Retail) is responsible for managing and overseeing the accounts receivable processes for retail partners. This role involves ensuring timely collection of payments, maintaining accurate financial records, and providing excellent customer service to internal and external stakeholders.

Job Description:

• Reconcile collection received for transactions generated from Retail App
• Focus on cash collection from retail partners and own depots ensuring that the collection target is achieved
• Monitor overdue debts consistently, prioritizing problem debts accordingly
• Send out statement of accounts to all customers
• Reconcile AR settlement and handle clearing in SAP
• Investigate and allocate unmatched cash received
• Resolve dispute, prepare Credit Notes/Debit Notes (CN/DN) and process refund
• Verify and calculate commission payouts for the appointed retail partners based on the agreed commission rate.
• Handle month end reports
• Establish business partnering with customer and other departments
• To propose continuous improvements on current process
• Involve in ad hoc assignments if necessary

Requirements:

• Proven experience in account receivable or a similar finance role at least for 1-3 years
• Bachelor's degree in finance or accountancy
• Proficient in MS Office, especially Excel & Power point
• Proficient in SAP System
• Details-oriented, excellent communication skills and strong sense of responsibility