Job Purpose
- Responsible for all incoming funds and ensure accuracy of payment received and in a timely manner. Ensure all payment abide/adhere staff T&E policy & compliance guideline.
- Reporting of MAS quarterly reports/Bad debt/credit control and outstanding brokerage. Brokerage transfer.
Job Description – Key Tasks and Responsibilities
- Gather and verify invoices for appropriate documentation prior to payment
- Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for and miscellaneous differences are cleared
- Process accounts and incoming payments in compliance with financial policies and procedures
- Perform day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data
- Perform daily cash management duties, including the recording of bank deposits, updating and distribution of cash receipt logs, and posting of cash to the accounts receivable sub-ledger
- Monitor and collect accounts receivable by contacting clients via telephone, email, and mail
- Support other accounting and finance team members, inventory management, and cost accounting
- Sending out of Client’s Statement of Account, Insurer Tax Invoice, PPW Notice
- Half yearly Insurer reconciliation for top 10 insurers
- Yearly Fixed Asset Sighting
- Any other roles and responsibilities assigned
Qualification and Experience
- Degree or Diploma in Accounting with 2 to 3 years’ experience in Accounts Payable is preferred.
- Proficient in Microsoft Excel
Competencies
- Good interpersonal, communication skills
- Ability to work under pressure and deliver results
- Possess skills to interact and to build relationship with team, internal and external clients/vendors
- Able to practise\perform ethically
- Demonstrates regulatory awareness where appropriate
- In-depth understanding of cash flow management, bank reconciliation and bookkeeping
- Hands-on experience with budgeting and risk management
- Excellent knowledge of data analysis and forecasting models
- Proficiency in accounting software
- Solid analytical and decision-making skills
- Demonstrates and adopt Lockton's core values
a) Client Centric
b) Accountability
c) Collaborative
d) Integrity
e) Can do Spirit
f) Resilience
