ASSISTANT ACCOUNTS MANAGER, RECEIVABLE

at  MEDITERRANEAN SHIPPING COMPANY SOUTH EAST ASIA SINGAPORE PTE LTD

COMPANY DESCRIPTION

Founded in 1970, Mediterranean Shipping Company (MSC), S.A of Geneva, Switzerland, is one of the world’s leading container shipping lines. We are a privately-owned global organization operating a network of over 675 offices in 155 countries, employing a team of over 200,000 dedicated individuals. We have an established fleet of830 container vessels and 5 aircraft with an intake capacity of circa 24.5 million TEU carried annually. Our global sailing schedules cover 300 routes, calling at 520 ports, allowing us to deliver our clients’ cargo almost anywhere in the world.
Operating as independent national carriers, with sea freight offering complemented by our integrated warehousing and haulage services, we offer customers a true door-to-door and global service with unrivalled local knowledge. Trained and experienced experts for our full range of services, including reefer, out-of-gauge, breakbulk and each of our trade services, gives us the ability to uphold the personal service we’re globally recognized for, offering customers peace-of-mind that we will be on-hand to help whenever we are needed.
An opportunity is now available for a career-minded individual to join us in Mediterranean Shipping Company South East Asia (Singapore) Pte Ltd, as Assistant Accounts Manager, Receivable.

WHO WE ARE LOOKING FOR

• Minimum Diploma or Degree in Accountancy / Finance, ACCA or Professional Accounting qualification equivalent;
• Minimum 3 to 5 years of relevant work experience in accounts receivables and credit control;
• Minimum 1 to 2 years of experience leading a team;
• Experience in shipping / freight forwarding industry an added advantage.
• Proficient in MS Word, Excel, Powerpoint;
• Experience in using SAP financial system and related data flow;
• Good knowledge of IFRS, SFRS, tax laws and systems preferred;
• Good command in written and verbal English language for effective communication;
• High level of Integrity and Ethics;
• Organised and possess strong analytical skills with an eye for details;
• Ability to manage time well to meet tight deadlines and multi-task;
• Able to work under stress and adaptable to changes;
• Self-initiative individual who can work well in a team.

RESPONSIBILITIES

You will embark on a great journey with excellent career development opportunities in a global organization. As Assistant Accounts Manager, Receivable you will join a dynamic team responsible for the financial reports and management reporting for the South East Asia (SEA) region, as well as maintaining and executing financial controls in compliance with Company policies, Singapore Financial Reporting Standards (SFRS) and International Financial Reporting Standards (IFRS).

KEY RESPONSIBILITIES

Reporting to the Accounts Manager, Receivable, Senior Finance Manager and Chief Financial Officer, your main responsibility is to lead and develop a team of direct reports to oversee the functions of Accounts Receivable which includes timely billing and collections, disputes management, refund and submission of Accounts Receivables related reports. Ensure that credit control assessments, including new credit customer applications assessment, bi-annual and annual credit review and temporary increase of credit limit review are carried out in a timely manner. Manage and support other AR related activities, including process improvements.

Your key responsibilities include the following:

• Ensure that e-mails with customer, ports, agencies, Asia Regional Office and HQ are replied timely and issues/disputes for billing and collection are resolved/brought up to the relevant parties expeditiously;
• Ensure that customers’ outstanding is collected timely;
• Ensure that collections are recorded in SAP timely;
• Ensure that refunds are correctly processed;
• Ensure that invoices are raised timely;
• Assess creditworthiness of new customer and propose the appropriate credit limits and period to be granted;
• Carry out mid-year and annual customer credit assessment;
• Ensure that customer details and credit limits are accurately maintained in SAP Debtor Master Data;
• Ensure that all adjustments and reversal entries are valid and supported;
• Collaborate with other functional teams and departments for compliance of internal controls and effective risks mitigation;
• Related tasks as assigned, including back-up to other team members during their absence.