Finance Executive Credit Control
Job Summary
The Executive, Finance (Credit Control) will manage operational and internal control reporting while coordinating with internal and external stakeholders. This role involves investigating payment discrepancies, maintaining operational metrics, and supporting credit control process improvements. The position offers an opportunity to work within a reputable non-life reinsurance environment in Singapore.
Responsibilities
- Reconcile Operational and Internal Control reports
- Coordinate with Brokers and internal teams to resolve queries
- Investigate foreign currency payment and exchange rate issues
- Support automation and credit control process improvements
- Assist with audit documentation and daily administration
Required Skills
- Diploma or Degree in Finance, Accounting, or Business
- 2–4 years of credit control experience
- Strong understanding of insurance billing cycles
- Excellent analytical and problem-solving skills
Job Details
Responsibilities:
- Prepare, update, and reconcile Operational and Internal Control reports.
- Coordinate with Brokers/Reinsurers and internal teams (Underwriting, Claims, Finance) to resolve queries affecting unallocated receipts, reconciliation (open items), and monthly HOD follow-ups.
- Investigate foreign currency payment and receipt activities to detect, investigate, and address any exchange rate differences.
- Compile and maintain monthly HOD reports, capturing key operational metrics and reconciliation status.
- Assist credit controllers to ensure accuracy, timeliness, and compliance.
- Support automation initiatives by testing and implementing process improvements to enhance collection efficiency and reporting effectiveness.
- Provide day-to-day operational and administrative assistance to the credit control team.
- Identify opportunities to improve credit control processes and collection efficiency.
- Support audits and provide required documentation when requested.
Requirements:
- Diploma or Degree in Finance, Accounting, Business Administration, or related field.
- 2–4 years of experience in credit control, preferably in insurance sector.
- Strong understanding of insurance operations, billing cycles, and regulatory requirements.
- Good analytical and problem-solving skills.