credit control

Executive – Finance Team Responsibilities:

• Prepare, maintain, and reconcile operational and internal control reports, ensuring accuracy and timely completion.
• Liaise with brokers, reinsurers, Underwriting, Claims, and Finance teams to resolve payment discrepancies, unallocated receipts, reconciliation items, and outstanding balances.
• Monitor and follow up on open items and outstanding receivables, including monthly follow-ups with relevant stakeholders and HODs.
• Review foreign currency payments and receipts, investigate exchange rate variances, and coordinate with relevant parties to resolve discrepancies.
• Prepare and maintain monthly HOD and credit control reports, covering key operational metrics, outstanding items, and reconciliation status.
• Support the Credit Control team in ensuring accurate, timely, and compliant collection and reconciliation activities.
• Assist with system enhancements, UAT testing, automation, and process improvement initiatives to improve collection efficiency and reporting processes.
• Perform day-to-day credit control, reconciliation, and operational support activities to ensure smooth team operations.
• Identify opportunities to streamline credit control processes and improve collection and reconciliation efficiency.
• Support internal and external audit requirements by preparing and providing relevant documentation and supporting information.

Requirements:

• Experience in the insurance industry is preferred, particularly exposure to insurance billing, premium receivables, or credit control.
• Good understanding of insurance operations, billing cycles, receivables, and reconciliation processes.
• Experience in handling payment allocation, outstanding items, ageing, or account reconciliation will be an advantage.
• Good communication and stakeholder management skills, with the ability to liaise with internal teams and external parties such as brokers and reinsurers.
• Proficient in Microsoft Excel and comfortable working with financial/accounting systems.
• Candidates with experience in system UAT, process improvement, automation, or reporting will have an added advantage.

Interested applicants, please send your resume to elaine@alignrecruitment.com.sg Regret to inform you that only shortlisted candidates will be contacted by our consultants

Align Recruitment Pte Ltd (20C0253) Elaine Ee (Reg No. R1655020)