Finance Executive, AR (2 Years Contract) at AWWA Ltd Hide Job Information

Job FunctionAccounting & Finance
Reference Number001/292
Advertisedone month ago
Experience Required2 to 5 years
Minimum QualificationDiploma
Job description

AR Billing

  • To create new customer records and update existing customer records
  • To generate invoices and send to Services
  • To generate clients outstanding list for Services use
  • To generate statements of accounts (SOA)
  • To generate adhoc invoices, credit notes as needed
  • To ensure all invoices, credit notes raised have proper approval, supporting documents and are saved on Sharepoint for complete document retention

AR Collection

  • To post receipts for all the collections
  • To ensure receipts are posted against bank statement on a weekly basis
  • To ensure posting of receipts, banking and cash handling procedure are adhered by Services in accordance with Finance SOP and highlight to supervisors wherever necessary.
  • To follow up with relevant agencies/departments/Services with regards to receipts
  • To bank-in cheques physically at DBS bank branches, as needed
  • To ensure no unposted receipts
  • To update the list of unreconciled receipts (due to pending information)
  • To perform clearing of customers open items on monthly basis before Ageing report is generated
  • To carry out monthly debt collections procedures in accordance with the Finance SOP
  • To coordinate on the preparation, review & approval of bad debts write off forms
  • To manage the smooth functioning of AR collection, which includes liaising with Admins
  • To address enquiries from clients, Admins and other stakeholders within 3 working days

AR Intercompany

To post Advanced Intercompany Journals (AIJs - Intercompany transactions) for

  • Monthly charge out between Services (i.e. shared support costs, therapy services, payroll, etc.)
  • Funding, disbursements, donations
  • Expenses

Investments

  • To fulfill requests from different internal stakeholders to raise AIJs

AR Donation

  • To create cash sales records based on Community Partnership (CP) weekly reports
  • To ensure receipts are posted against bank statement on a weekly basis for all HQ Bank accounts
  • To prepare donation reconciliation (including donation in kind) on monthly basis
  • To prepare IPC donation submission to IRAS annually

Other Responsibilities

  • To provide necessary support during internal and external audit
  • To ensure all supporting documents are uploaded on Netsuite, Sharepoint accordingly
  • To take on any other adhoc duties assigned by the supervisors
  • To propose changes to the AR processes to the supervisors
  • To update the Finance SOP as and when the changes are made to AR process
  • To brief the Service and departments on the AR process as and when required

The above activities are no means exhaustive and are subjected to amendment whenever is needed

Job Requirements
  • Diploma / Degree holder in Accountancy or its equivalent
  • Minimum 2 years relevant working experience in similar capacity
  • Experience with Finance systems will be an advantage
  • Meticulous, independent and organised
  • Has a heart for social service and will uphold the Organisational values/care philosophy
  • Good interpersonal and communication skills

Apply for Finance Executive, AR (2 Years Contract)

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