Credit Control Officer - Singapore - TP ICAP

TP ICAP

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Responsible for Credit Control and Accounts Receivables Collections for Singapore, and Act as Liaison Officer for APAC with Global Accounts Receivables Team

Credit Control

Administer the creation, distribution and reconciliation of Accounts Receivables invoices
Maintain client relationship and client standing data in association with settlements
Receipt and allocate cash from bank statements or clients correspondences on a timely basis and an accurate manner to ensure zero unallocated cash
Regular liaison with Global Accounts Receivable Team based in UK on global banking clients of Singapore
To act as liaison between APAC Accounts Receivable Teams and Global Accounts ReceivableTeam
Maintain standing data of customers and work with onboarding team to ensure all customers are in the system
Reconcile the revenue and invoice upload files from settlement systems to accounting system and resolve all encountered issues

Collections

Draw up a plan to achieve DSO (Days of Outstanding Sales) Targets set by Regional Management

Reporting

Prepare Accounts Receivables reconciliation from AR module to GL module
Prepare daily and weekly collections report and provide commentaries on noncollections as well as number of calls made to customers
Prepare aged debts reports on a monthly basis to Regional Management, with analysis provided
Monito DSO (Days of Outstanding Sales) position on a monthly basis, with analysis provided on Targets shortfall and steps to take to achieve DSO Targets
Recommend provisions for bad debts/write off to Accountants or Regional Management
Ensure all invoices have been generated and sent out to customers. Follow up and resolve unsent invoices
Prepare manual invoices/credit notes and collate for management's review and approval before sending out to customers
Analyse and provide commentaries on aged debt for management's review and approval

Project

To participate in system and other projects where required and to contribute actively with an aim to roll out deliverables on time and successfully

Others

Assist with audit, information requests and analysis on Accounts Receivables as required
Liaise with Tax Officer or Tax Agent to provide requisite data on Accounts Receivables and Provision made for Bad Debts for Corporate Tax Filing purpose
To ensure financial controls and risk controls procedures are being complied with at all times

Location

Singapore - 50 Raffles Place - Singapore