#SGUnitedJobs Manager, Accounts Receivable

As a Manager, Accounts Receivable, this position requires accounts receivables credit control management experience and the ability to work cross-functionally in a dynamic, fast-paced environment.

What to expect:

BILLING

• Review and ensure that billings are done promptly and accurately, as well as proper and accurate accounting in the G
• Review and ensure the details of customers are captured correctly for GIRO and PUBBS
• Review and assess new billing arrangements proposed by business units and liaise with relevant divisions e.g. internal audit, legal to ensure adequate internal controls are in place

RECEIPTING

• Ensure that payments made by customers are promptly and accurately booked into the system
• Ensure that unidentified collections are cleared timely and accurately accounted for
• Check and ensure that GIRO collection runs are effected timely
• Check and ensure timely fund transfer in other bank accounts

CREDIT CONTROL

• Ensure invoices are paid promptly by customers to ensure that the aging of outstanding debts are kept within acceptable levels
• Follow up constantly on long outstanding debts with customers to assist in whatever ways within the policies and procedures
• Attend to customers’ queries on billing matters and liaise with business units to expedite payments by customers

AR DASHBOARD REPORTING

• Report and review KPIs relating to billing and collections. work with business units to improve effectiveness and efficiencies

RECONCILIATION

• Review monthly reconciliation statements to ensure transactions in the AR Sub-Ledger and those posted to the General Ledger’s Debtor Control Accounts as well as the various deposits accounts are accurate
• Review outstanding bank reconciliation items to ensure they are cleared promptly
• Review of significant revenue items to ensure there are no discrepancies reflected on the financial statements

BILLING & AUDIT QUERIES

• Attend to user departments’ queries on billing matters and auditors’ queries on revenue related matters
• Prepare revenue related notes and schedules in the financial statements

PROCESSES AND PROCEDURES

• Implement, maintain and continuous review of AR related policies and procedures to streamline and improve operational efficiencies and effectiveness
• Liaise with business units to ensure adequate controls are in place

MONTH END CLOSING

• Review month end revenue journals accruals and inter-department charging and ensure that they are posted timely
• Check and ensure monthly/year-end audit schedules (with good supporting docs) are prepared and reviewed
• Ensure adjusting items/errors on audit schedules to be adjusted within 3 months

SYSTEM TESTING

• Follow up with stakeholders and ensure necessary discussions/UATs are carried out internally and with Accenture/other vendors
• Ensure required Incident Request/Service Request/Change Request in respective areas in charge of are being followed up and resolved
• Participate in any system upgrade/enhancement testing

CONTRACTS REVIEW

• Review revenue contracts in accordance to FRS115 reporting requirements
• Maintain list of revenue contracts and ensure information relating to FRS115 is captured correctly for revenue recognition

SUBSIDIARIES

• Review intercompany schedules and confirmation
• Liaise with various stakeholders to prepare the annual subsidiary service agreement

How to succeed:

• Professional Degree in Accountancy and membership in an internationally recognized accounting body
• At least 7 years working experience in Financial Accounting
• Supervisory experience in a similar capacity
• Sound knowledge of the relevant Acts e.g. GST Act, Statutory Board Financial Reporting Standards, local laws and legislations
• Proficient in MS Office applications
• Good communication and interpersonal skills
• Meticulous and analytical