Position Objective

• Contribute to the Finance team function

• Follow department procedures including maintenance and security of financial records

• Accurately & competently coordinate and monitor Accounts Receivable tasks

Accounts Receivable Operations

• Manage end-to-end AR processes including invoicing, cash application, and collections.

• Monitor aging reports and ensure timely follow-up on overdue accounts.

• Reconcile AR ledger to ensure all payments are accounted for and correctly posted.

• Liaise with Admissions on student movements (joiners, leavers, orientation)

Credit & Risk Management

• Assess and review customer payment patterns

• Set and maintain credit limits and payment terms in line with company policy.

• Implement strategies to minimize credit risk and bad debt

Collections & Customer Relations

• Develop and execute collection strategies to improve cash flow.

• Resolve escalated disputes and maintain strong customer relationships.

• Negotiate payment arrangements when necessary.

Compliance & Controls

• Ensure compliance with internal financial policies and external regulatory requirements (SSG & IRAS).

• Assist in external audits by preparing necessary documentation and schedules.

Revenue Management

• Prepare and post monthly revenue recognition entries for tuition fees, discounts, and other income.

• Maintain and update deferred revenue schedules to ensure accurate financial reporting.

• Reconcile revenue data between the Admissions and Finance systems, ensuring consistency in student year levels and pupil numbers.

Financial Reporting & Analysis

• Prepare and submit monthly revenue variance analysis with clear commentary on key drivers.

• Assist in the preparation of monthly, quarterly, and annual financial reports.

• Support budgeting and forecasting processes related to revenue and student enrolment.

• Monitoring and managing cash flow and bank accounts

• Performing analysis for monthly accruals and accurate posting of recurring journals

Process Improvement

• Identify opportunities to streamline finance processes and improve system integration.

• Collaborate with cross-functional teams to enhance data accuracy and reporting efficiency.

Position Requirements

• Excellent communication skills – oral and written English, numeracy & analytical skills

• Flexible with regards to changing duties

• Capacity to manage several tasks simultaneously and within work deadlines

• Results-oriented, high accountability and maturity with the ability to set priorities

• Ability to work individually, as a member of a team and interact at all levels within the organisation

• Strong leadership and excellent people management and development skills

• Result-oriented, high accountability and maturity with the ability to set priorities

• Strong administrative and organisation skills

Qualifications

• Accounts Receivable experience

• At least 5 years of experience in Finance and Accounting

• A recognized Degree in Finance/Accounts, ACCA / CPA preferred

• Minimum of accounting diploma / degree

• Preference for current bookkeeping / accounting experience / debt collection

• Experienced & competent IT Microsoft skills - Word, Excel, databases, email and Internet

Working Hours:

8:00 am – 5:00 pm, Monday to Friday