Assistant Manager, Accounts Receivable

About Us

Far East Organization is a Christian Enterprise, which develops real estate and operates businesses by serving with grace, love, integrity and honesty. Together with its Hong Kong-based sister company Sino Group, they are one of Asia’s largest real estate groups, with operations in Singapore, Malaysia, Australia, Japan, China (Mainland and Hong Kong) and USA. 

Far East Organization is the largest private property developer in Singapore, having developed over 780 developments across all segments of real estate including 55,000 private homes in Singapore since its establishment in 1960. Far East Organization includes three listed entities: Far East Orchard Limited, Far East Hospitality Trust and Yeo Hiap Seng Limited. 

Far East Organization is the winner of 14 FIABCI World Prix d’Excellence awards, the highest honour in international real estate. In 2022, Far East Organization is listed as top 50 of The Straits Time’s Singapore Best Employers Study. We believe in taking care of the total well-being of our people as they grow with us. We nurture a community where talent is developed and recognised, innovative ideas are encouraged, and achievements celebrated. 

Our health and well-being benefits provide physical, mental and spiritual support to our people and their families. In addition to annual leave, performance bonus, medical and insurance coverage, you can anticipate the provision of birthday leave, birthday benefits, family care leave, flexible benefits, staff rebates at F&B outlets, and special rates at our hotels, both locally and overseas. We empower you in your engagement with the wider community by providing varied activities to experience different opportunities to serve and contribute to the community.

Responsibilities

• Manage the AR team to ensure timely and accurate processing of invoicing, collection of payments and posting of receipt
• Assess new and existing customer accounts by handling credit assessments and yearly evaluation to control arrears risk exposure
• Review customers’ and tenants’ accounts on their outstanding balances, accuracy and validity
• Lead the credit review and arrear management meetings and advise operational head on credit controls strategy and legal alternative in handling defaults
• Provide Business Units with recommendations on credit term extensions by analysing accounts receivable ageing and industry payment trends
• Analyse and increase staff productivity and effectiveness  
• Strengthen current internal controls, processes and systems

Requirements

• Degree in Accountancy / Finance with minimum 8 years of relevant experience
• Proficiency in Microsoft Office
• Strong people management, communication, and analytical skills
• Knowledge of SAP is preferred