Key accountability (Main purpose of this job):
Reporting to the Senior Finance Manager, this role is responsible for supporting the Finance department in various functions including accounts receivable (managing credit risk and ensuring timely payment from our customer, cashiering and accounts payable.
Responsibilities (Key areas of Responsibilities):
Debt Collection
- Develop and implement effective debt collection measures
- Monitor customer payments and alert the Senior Finance Manager of delinquent accounts
- Liaise with company lawyer/debt collectors to minimize bad debts
- Send reminder letters / make collection calls for overdue accounts
Financial Assistance
- Administer financial assistance schemes through modified instalment plans/bursary
- Attend to extensions requests
Discrepancy Resolution
- Resolve discrepancies related to non-payment of invoices
Reporting and Reconciliation
- Prepare credit-related reports (e.g., weekly debtors aging reports to management during semester fees collection
- Provide weekly forecast collections for cash flow management
- Undertake account reconciliations as required
Others
- Maintain students' billing addresses in the accounting system
- Assist in audits when necessary
- Apply receipts in the accounting system
- Assist with cashiering duties
- Attends to incoming email requests on timely manner
- Issue invoices/credit notes
Requirements:
- Diploma in Accounting or equivalent
- 2 years of relevant working experience but fresh graduates who are highly motivated and autonomous are encouraged to apply
- Advanced proficiency in Google Workspace
- Accurate and meticulous with excellent attention to details
- A team player with good interpersonal and communication skills
- Ability to work independently and diligently
- Able to work effectively and efficiently under pressure and within timelines
- Strong problem solving and multitasking skills
- Ability to remain firm and maintain high ethical standards
