Assistant Manager, Finance

Credit Management

• Assist in reviewing credit facilities and customers credit worthiness through available sources (e.g. credit-rating company, payment history) and highlight to superior on any areas of concerns.
• Monitor the outstanding against credit lime.
• Ensure credit and collection policies and procedures are followed by the Team.
• Monitor and ensure Statement of Accounts, reminders, and warning letters by all AR teams are sent on a timely basis.

Accounts Receivable (AR)

• Assist in preparation of daily and weekly AR Performance/Tracking Report
• Monitor Aging Report and ensure outstanding is paid timely.
• Monitor documents released without payment, prompt action and ensure payment is received.
• Monitor Dispute Management Report, disputes are resolved promptly, and results are communicated to customers timely.
• Monitor waivers requests and ensure waivers are properly authorized as per the policies and procedures.
• Manage Demurrage and Detention transactions and ensure all Demurrage and Detention Invoices are billed timely.
• Manage outstanding over the credit limits, immediate reminders sent and outstanding collected.
• Systematically follow up on collection of outstanding accounts in a manner that will yield the best timely results while maintaining a good relationship with the customers.
• Monitor payments are receipted promptly.
• Monitor the negative balances and over-payment transactions monthly and ensure refunds are done promptly or offset in accordance with the negative balance policies and procedures.
• Monitor and ensure unapplied transactions are applied promptly within a month.
• Identify high risk debts; adhere strictly to control procedures to minimize bad debts.
• Analyze trends in Accounts Receivable balances or significant changes in payment patterns and to recap major collection problems for weekly Accounts Receivable Meeting.
• Liaise with customers, as well as internal personnel, including the sales team.
• Resolve all AR-related issues on a timely basis

Requirements

• Degree in Finance or professional qualification
• 5 years of work experience within an Accounts/Finance environment
• Great initiative, dedicated, and working as a team in a fast-paced environment.
• Good interpersonal, communication and negotiation skills.
• Good business acumen for problem solving.
• Excellent time management skills and ability to prioritize a demanding workload.
• Strong analytical skills and attention to detail.
• Competency with huge data analytics
• Confidence to deal with a range of stakeholders
• Focused. Analytical. Detailed. Precise and accurate. Thorough.
• Proficient in written and spoken English.
• Advanced understanding of MS Excel.