#SGUnitedJobs Manager, Accounts Receivable

GOVERNMENT TECHNOLOGY AGENCY
  • Job Category
    Accounting / Auditing / Taxation, Public / Civil Service
  • Job level
    Manager
  • Contract type
    Full Time
  • Salary
    S$5500 - S$8000

Job Description

We are seeking a Manager, Accounts Receivables to join our Finance, Investment and Procurement team to provide financial accounting support to the business divisions.

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

Closing on 25 May 2021