Accounts Receivable (Finance Executive/Senior Executive)

Job Description

1. Invoicing and Billing:

• Prepare and issue accurate invoices to customers in a timely manner.

• Ensure compliance with contractual terms and conditions for billing.

• Handle invoice disputes and resolve discrepancies.

2. Collections Management:

• Monitor and follow up on outstanding receivables to ensure timely collections.

• Maintain regular communication with customers to resolve payment issues.

• Implement and improve collection strategies to reduce overdue accounts.

3. Reconciliation and Reporting:

• Reconcile accounts receivable ledger to ensure accuracy.

• Prepare aging reports and provide regular updates to management.

• Assist in month-end and year-end closing activities.

4. Customer Relationship Management:

• Build and maintain strong relationships with customers to facilitate smooth

financial transactions.

• Address customer queries related to invoices and payments promptly.

5. Process Improvement:

• Identify opportunities to streamline accounts receivable processes. • Implement best practices to enhance efficiency and accuracy.

6. To support the management team for month end closing of accounts

7. To support management team for interim & annual Audit.

8. To support the management team for any governmental Audit.

Job Requirements

1. Academic Qualifications: Bachelor’s degree in Finance, Accounting, or a related field. Professional certification (e.g., CPA, ACCA, or equivalent) is a plus

2. Work Experience: Minimum of 3 to 5 years of experience in accounts receivable or a similar role, preferably in the aviation or MRO industry

3. Knowledge: Proficiency in accounting software (e.g., SAP, Oracle, or similar) and advanced Excel skills. Strong understanding of accounting principles and financial reporting.

4. Skills: Excellent communication and interpersonal skills. Ability to work under pressure and meet tight deadlines.

We regret that only shortlisted candidates will be notified.

At SIA Engineering, we are committed to ensuring your personal information is protected and never misused. Personal data collected will be used or disclosed only for the purposes of your job application and potential employment with SIA Engineering, such as for assessing and evaluating your suitability for employment in any current or prospective position within the organization and verifying your identity and accuracy of the personal details and other information provided.

By submitting your application for this position, you consent to:

a) the collection, use and disclosure of your personal data by SIA Engineering for the purposes of your application and potential employment with SIA Engineering, including disclosing such personal data to any of SIA Engineering’s subsidiaries, affiliates or related corporations (if necessary for the processing of your job application); and

b) SIA Engineering’s retention of your personal data for 1 year for consideration of future job opportunities (where applicable)

Candidates are not required to pay SIA Engineering Company, any Agents, or Sub-Agents representing the organisation a recruitment fee or other fees relating to their application / employment.

Job Description

1. Invoicing and Billing:

• Prepare and issue accurate invoices to customers in a timely manner.

• Ensure compliance with contractual terms and conditions for billing.

• Handle invoice disputes and resolve discrepancies.

2. Collections Management:

• Monitor and follow up on outstanding receivables to ensure timely collections.

• Maintain regular communication with customers to resolve payment issues.

• Implement and improve collection strategies to reduce overdue accounts.

3. Reconciliation and Reporting:

• Reconcile accounts receivable ledger to ensure accuracy.

• Prepare aging reports and provide regular updates to management.

• Assist in month-end and year-end closing activities.

4. Customer Relationship Management:

• Build and maintain strong relationships with customers to facilitate smooth

financial transactions.

• Address customer queries related to invoices and payments promptly.

5. Process Improvement:

• Identify opportunities to streamline accounts receivable processes. • Implement best practices to enhance efficiency and accuracy.

6. To support the management team for month end closing of accounts

7. To support management team for interim & annual Audit.

8. To support the management team for any governmental Audit.

Job Requirements

1. Academic Qualifications: Bachelor’s degree in Finance, Accounting, or a related field. Professional certification (e.g., CPA, ACCA, or equivalent) is a plus

2. Work Experience: Minimum of 3 to 5 years of experience in accounts receivable or a similar role, preferably in the aviation or MRO industry

3. Knowledge: Proficiency in accounting software (e.g., SAP, Oracle, or similar) and advanced Excel skills. Strong understanding of accounting principles and financial reporting.

4. Skills: Excellent communication and interpersonal skills. Ability to work under pressure and meet tight deadlines.

We regret that only shortlisted candidates will be notified.

At SIA Engineering, we are committed to ensuring your personal information is protected and never misused. Personal data collected will be used or disclosed only for the purposes of your job application and potential employment with SIA Engineering, such as for assessing and evaluating your suitability for employment in any current or prospective position within the organization and verifying your identity and accuracy of the personal details and other information provided.

By submitting your application for this position, you consent to:

a) the collection, use and disclosure of your personal data by SIA Engineering for the purposes of your application and potential employment with SIA Engineering, including disclosing such personal data to any of SIA Engineering’s subsidiaries, affiliates or related corporations (if necessary for the processing of your job application); and

b) SIA Engineering’s retention of your personal data for 1 year for consideration of future job opportunities (where applicable)

Candidates are not required to pay SIA Engineering Company, any Agents, or Sub-Agents representing the organisation a recruitment fee or other fees relating to their application / employment.