Finance Senior Associate (Collections)

Line of Service

Internal Firm Services

Industry/Sector

Not Applicable

Specialism

IFS - Finance

Management Level

Senior Associate

Job Description & Summary

We believe that challenges are better solved together. That's why you'll join a diverse, global community of solvers - an unexpected mix of people that come together to build trust in society and solve important problems. With us, you are encouraged to lead with your heart and values, and where your unique skills are developed and put to work in unexpected and exciting ways, superpowered by technology.

Firmwide Corporate Services

Our Firmwide Corporate Services unite to help build our competitive advantage with first class support internally. Spanning Administration, Business Development, Chairman’s Office, Compliance, Finance, Human Resources, Learning and Development, Legal, Marketing and Communications, Operations and Change Management, and Technology, we power our lines of services to make sure all of us have the right sources, services and technology to be the best we can be.

Not all of us work directly with external clients. Some of our most talented people choose to harness their skills, experience, expertise and service excellence within PwC. The possibilities are endless and our business landscape is changing everyday.

We are seeking a highly motivated and results-oriented Collections Team Lead in supporting the AR Manager in overseeing the end-to-end collection process and contributing in the transformation of the function for efficiency and effectiveness within our firm. The ideal candidate shall have experience in overseeing the collection activities and managing projects focusing on continuous improvement i.e. automation and digitalisation of collection processes.

How will you value-add?

Debt Chasing & Collections Transformation:

• Oversee the collection function and resolving related queries and discrepancies

• Coordinate and lead month-end closing activities for the collection function

• Prepare/ review the aged debt & provision reports

• Prepare/ review and manage Accounts Receivable write-off entries and reports

• Participate actively in streamlining AR reporting process and systems enhancements

• Coordinate and liaise with internal parties to support intercompany activities

• Ensure payments are allocated to accounts and identify any unallocated payments

• Monitor progress of bank clearing, unapplied and unidentified cash and AR suspense accounts

• Support AR Manager in executing AR and credit management functions

• Participate in ad-hoc projects as assigned

Process Review and Enhancement:

• Continuously review Collection processes to identify bottlenecks and inefficiencies.

• Experience in digitalisation and automation projects. Identify automation & process streamlining opportunities and collaborate with cross-functional teams on system implementation, enhancement and user acceptance testing

• Work closely and follow up with IT for requirements/ issues arising from system

Qualifications:

• Bachelor's degree in Finance, Business or Accounting

• Proven experience in Collections with a focus on process transformation & optimization.

• At least 1 year in a supervisory role.

• Good communication and interpersonal abilities, with the ability to effectively interact with stakeholders at all levels.

• Agile and able to think out of box for creative solutions for process improvements.

• Ability to motivate a team, fostering a culture of teamwork and collaboration.

• Attention to detail and ability to work independently and collaboratively in a fast-paced environment.

Education (if blank, degree and/or field of study not specified)

Degrees/Field of Study required: Degrees/Field of Study preferred:

Certifications (if blank, certifications not specified)

Required Skills

Optional Skills

Accepting Feedback, Accepting Feedback, Accounting Policies, Accounting Practices, Active Listening, Analytical Thinking, Balance Sheet Analysis, Budgetary Management, Cash Flow Analysis, Communication, Creativity, Embracing Change, Emotional Regulation, Empathy, Escalation Management, Financial Budgeting, Financial Close Process, Financial Data Mining, Financial Forecasting, Financial Management, Financial Policy, Financial Reporting, Financial Statement Analysis, Generating Financial Reports, Inclusion {+ 9 more}

Desired Languages (If blank, desired languages not specified)

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date