Job Description

Organizational Information With its global reach and international partnerships, Cityneon has the capability to serve its clients anywhere in the world. Cityneon was listed on the Mainboard of the Si Organizational Information With its global reach and international partnerships, Cityneon has the capability to serve its clients anywhere in the world. Cityneon was listed on the Mainboard of the Singapore Stock Exchange since 2005, and was privatized on February 2019 by West Knighton Limited, a company wholly owned by Cityneon's Executive Chairman and Group CEO, Ron Tan, together with Hong Kong veteran entrepreneur and investor, Johnson Ko Chun Shun. Johnson is a capital markets veteran and has held controlling interests and directorships in many listed companies. In May 2019, Cityneon welcomed CITIC Capital as a new shareholder, who holds approximately 9% shares in Cityneon. CITIC Capital is part of CITIC Group, one of China's largest conglomerates, and has over US$29B of assets under its management across 100 funds and investment products globally. Other institutional shareholders of the Group include EDBI - a Singapore government-linked global investor, and Pavilion Capital - a Singapore-based investment institution which focuses on private equity investments, that made strategic investments to the Group in August and October 2019 respectively. In April 2021, Cityneon welcomed new investors Seatown Holdings International, Qatar's Doha Venture Capital, which will now own approximately 4% of the Group, and other financial institutions and family offices in Singapore and China, joining the already strong stable of shareholders to support the Group's further expansion globally. We are seeking a well-qualified candidate to join us as Finance Executive, perform Accounts Receivable and/or Accounts Payable duties related to the efficient verifying, processing and completing of accounts receivable and accounts payable transactions. We are seeking a well qualified candidate to join us as Finance Executive. Accounts Receivable (AR) Function Monthly and Year End Closing Process Prepare and issue statement of account to customers on a monthly basis, and reminder letter(s) where applicable Management Reporting . Prepare AR aging analysis report and sales report Day-to-Day Tasks . Handle full spectrum of accounts receivable & collection duties (manage billing & collection) . Prepare inter-company billings . Ensure timely and accurate billing of invoices . Follow up with customers and internal departments on billing matters . Interact with customers and sales team to ensure timely collection of overdue monies due to the company . Timely update of receipt in accounting system . Monitor and manage the credit risk exposure by analysing debtors ageing report, track customers' payment schedules and highlight problem customers to management weekly Accounts Payable AP) and Payment Function Bi-weekly Bank Payment . Preparing banking payments and wires in the various online banking platform (both international and local banks) . Checking banking payments to suppliers' invoices to ensure the banking details are correct Monthly and Year End Closing Process . Perform monthly bank reconciliations . Reconcile balance to suppliers' monthly statement Management Reporting . Prepare AP ageing report . Report actual cash paid . Forecast monthly payment commitment Day-to-Day Tasks . Perform 2 way/ 3-way match, ensure completeness and verify accuracy of documents before entry into accounting system . Receive approved purchase order (PO) . Receive suppliers' invoices . Check suppliers' invoices/ credit notes and ensure timely data entry . Match Interim Valuation Certificate (IVC) against invoice and PO from assigned entities . Post to accounting system . Perform check and ensure claims are in a timely and accurate manner before process . Prepare payment according to AP ageing (including prepare payment vouchers, issuance of cheque and TT transactions.) . Resolve daily AP related issues with internal and external stakeholders . Keep proper accounting records, including filing and update of cash book . Undertake any other duties as may be assigned Requirements . 3-4 years accounts receivable and accounts payable with general accounting experience . knowledge of accounting software . Proficient in data entry and management (e.g. SAP, Synergix accounting software) . Minimum diploma level Key Accounts Payable Skills and Competencies: . Organizing and prioritizing . Attention to detail and accuracy . Confidentiality . Good communication skills . Vendor relationship skills . Problem analysis and problem-solving skills . Team work . Professional integrity . Ability to meet deadlines