Finance Executive

The primary purpose of this position is to handle and monitor all matters related to Accounts Receivable for the Principal accounts and ensure outstanding are collected promptly and outstanding is within credit facilities.

Credit Management

• To assist the Accounts Receivable (AR) and Credit Manager in setting and reviewing credit limits for outstanding customers.
• Ensuring credit and collection policies and procedures are followed by the team across all ONE MY divisions.
• Ensure customers strictly adhere to the company credit and collection policies and procedures.
• Monitor outstanding over the credit limits so that immediate reminders can be sent and outstanding to be collected.
• To understand and observe the credit policies and procedures of the company and to assist in establishing and compiling clear and well-defined credit procedures for all positions.

Accounts Receivable (AR)

• Understand the Aging report and ensure outstanding is paid timely.
• To issue timely Statement of Accounts, reminders, and warning and legal demand letters.
• To follow up with customers on timely payment of outstanding.
• Follow up on documents released without payment and ensure prompt action taken and payments are received.
• Work closely with Sales PIC, Customer Care Agent (CCA) and marketing team and ensuring outstanding are cleared before releasing of documents.
• To register and monitor Dispute Management Report, disputes are resolved promptly, and results are communicated to customers timely.
• Monitor waivers requests and follow up with Sales PIC and ensuring actions are done promptly.
• To systematically follow up on collection of outstanding accounts in a manner that will yield the best timely results while maintain good relationship with the customers.
• To monitor payments are receipted timely and completely.
• To monitor the negative balances and overpayment transactions monthly and ensuring 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.
• To monitor Sub-Agent Accounts Receivable performance and follow up closely on payment
• Identify high risk debts; adhere strictly to control procedures to minimize bad debts.
• To support and furnish clear explanation on collection issues during AR and Sales Collection Meeting.
• Liaising with customers, as well as internal personnel including the sales team.

Demurrage and Detention (D&D)

• Monitor and ensure Demurrage & Detention (D&D) invoices are billed timely.
• Monitor and ensure all claims under Container Ledger Account and NCD are done timely and accurately, payment received promptly as per agreement.

Job Specification:

• Degree in Finance / Accounts or professional qualification
• Minimum 2 years of work experience within an Accounts Receivable and/or Credit Control Management environment.
• Great initiative, dedicated, and work independently under fast paced environment.
• Good interpersonal, communication and negotiation skills.
• Excellent time management skills and ability to prioritize a demanding workload.
• Strong analytical skills and attention to detail.
• Proficient in written and spoken English.
• Advanced understanding of MS Excel.
• Resourceful, Team Player, Trustworthy, Reliable and Dependable

Perks and benefits

• Medical Outpatient
• Insurance coverage
• Dental / Optical
• Transport allowance
• Performance Bonus
• Open culture
• Engagement Activities