Senior Finance Executive (AR)
Full-time
Senior Executive
2 weeks ago
Support Head of AR Finance in the implementation of internal controls for Taxi Business Revenue Management.
Help monitor & maintain financial..
- Support Head of AR Finance in the implementation of internal controls for Taxi Business Revenue Management.
- Help monitor & maintain financial information in SAP.
- Overall in charge of Taxi Business Accounts Receivable in SAP.
- Coordinate with GL/Reporting team for Aging Reports and Inter Co Billings.
- Support FMS team in daily drivers billing and payment process in FMS.
Job Responsibilities & Duties
FMS
- Check AR /AP transactions batches submission by the OPS team in detail.
- Perform verification of manual transaction batches for billing and payment to drivers.
- Ensure that all transactions proper and in order before activating auto GIRO process.
- Upload return file in the evening, upon completion of the daily GIRO process
- Generate & check bank return file report, to ensure bank has processed the GIRO file.
- Check and verify manual downtime & layoff to drivers.
- Prepare and check daily successful call levy uploaded report, liaise with CCC when there is great difference as compare to previous week jobs.
- Process daily GIRO collection & credit payment to drivers, including debts offsetting.
- Check & print daily report for accident debts uploaded from FSMS to FMS.
- Updating Road Tax module refund into FMS
- Check & ensure Road Tax refund is tally with collection from LTA.
- Generate Road Tax Refund Report (Paid/Outstanding) monthly.
- Prepare schedule and reconciliation of account as follows:-
- Driver Deposit Account;
- Medical Claim to Drivers;
- Absentee Payrolls to Drivers;
- DriverCommitment Fees; and Aging Report for Commitment Fees.
- Driver’s AR =Control Account.
SAP
- Run monthly recurrent billing.
- Billing Trade Debtors and Interco Invoices.
- Issuing Credit Note.
- Update Payment collection from Trade Debtors and Interco.
- Monitor Contracts and deposit with customer
- Monitor Aging Report of Trade Debtors and Interco and ensure of payment.
- Send of Statement of Account at month end.
- Responsible for AR audit schedules and reconciliation of account as follows:-
- Bad Debts Reconciliation;
- TDVL Billing Reconciliation;
- 129307 Temporary Account Reconciliation;
- Tenant Deposit Account Reconciliation;
- Aging Summary Report for Trade Debtors and Interco; and
- Interco Balances;
Others
- Update of Sale of Scrapped Taxi List.
- Tallying of TPE cases with Total Loss monthly.
- Assist in various ad-hoc project.
- Cover others AR staff duties during staff absence.
- Sorting of incoming transaction batch printouts from OPS
- Liaise with Facilities and admin on lease agreements and contracts pertaining to CityCab building tenants.
Requirements
Diploma and above or accounting degree equivalent
3 - 4 Years working experience in accounting/finance, with experience in Accounts Receivables/ Billings
Good with financial accounting application.
Proficient in Microsoft Office.
Able to apply knowledge and skills effectively for computer software.
FRS standards/Singapore Tax/GST.
Official account of Jobstore.