Finance Executive (Accounts Receivable)

Job Title: Finance Executive (Accounts Receivable)
Reference ID: 36282

Our client is a major player in the home appliance and electronics industry. They are looking for a Finance Executive to be in charge of mainly Accounts Receivable functions!

Reporting to: Head – Finance & Accounting

Responsibilities

1. Banking & Reconciliation:
   - Perform daily bank balance checks to monitor accounts receivable receipts.
   - Conduct bank reconciliations and customer reconciliations as needed.
2. Reporting & Credit Management:
   - Prepare and monitor the weekly customer overdue balance report (every Friday), ensuring timely follow-ups with the sales team.
   - Handle and compile accounts receivable reports as required by HQ Finance, including:
   
   1. Bi-weekly accounts receivable report
   2. Monthly trade receivable report
   3. Collection performance report
   4. Letter of Credit (LG) report
   5. Quarterly Coface turnover declaration
   6. Prepare daily cash balance reports (three times a week).
3. Customer Management:
   - Maintain and update the customer master record.
   - Prepare and issue debit/credit notes to customers.
   - Manage customer rebate accruals and settlements.
   - Handle Letters of Credit processing.
4. Compliance & Audit:
   - Conduct quarterly credit limit reviews and oversee credit insurance renewals.
   - Prepare and file the monthly GST report.
   - Liaise with internal and external auditors on financial matters.
5. Other Duties:
   - Support ad-hoc tasks as assigned by the Finance team or management.

What you will receive

• Variable Bonus (Depending on the company and individual performance)
• Annual Leave: 15 days
• Medical Leave: 14 days
• Medical and Insurance benefits

Requirements & Preferences

(Must)
- Diploma/Bachelor's Degree in Accountancy/Finance
- At least 3-5 years of finance and accounting experience (especially in Accounts Receivable) in MNC/Medium sized settings
- Must be able to work under pressure and tight deadlines while producing good-quality work
- Familiar with GST rules and LC (Letter of Credit) in Singapore
- Excellent communication in English in written and verbal
- Ability to join within 1 month or by March 2025

(Advantageous)
- Experience working in a home appliances/consumer electronics company

We regret that only shortlisted candidates will be notified.

Registration No.: R24122864 (Cathy Chau)
Recruitment Licence: 12C5051