Senior Accounts Receivables Executive
$ 3,000 - $ 5,000 / month
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Line of reporting: CFO
WHO ARE WE
1880 is a members' club in Singapore that is interested in inspiring conversations that change the world. Combining a social club, co-working space, and an evolving calendar of events including discussions, parties, DJ nights, wellness sessions, and corporate launches, we create catalytic moments that stimulate both the intellect and the senses.
ABOUT THE ROLE
We are looking for a detail-oriented Accounts Receivable Officer to manage the company's billing and collections processes efficiently. This role is critical in maintaining accurate financial records, ensuring timely payments from members, and supporting overall financial operations. The ideal candidate should be proactive, analytical, and able to work both independently and collaboratively within a dynamic finance team.
RESPONSIBILITIES
Accounts Receivable & Financial Reporting
- Manage the end-to-end Accounts Receivable (AR) function, including invoicing, collections, reconciliations, and reporting.
- Ensure timely and accurate issuance of invoices, credit notes, and statements of accounts.
- Monitor outstanding receivables, follow up on overdue payments, and maintain an updated aging report.
- Reconcile AR balances with the general ledger and resolve discrepancies in a timely manner.
- Prepare monthly, quarterly, and annual AR reports, ensuring compliance with IFRS.
- Assist in the month-end closing process by providing AR-related journal entries and financial data.
- Conduct variance analysis and financial reviews to ensure data accuracy.
Collections & Cash Flow Management
- Develop and implement effective collection strategies to minimize bad debts and improve cash flow.
- Maintain regular communication with customers regarding outstanding invoices and payment terms.
- Work closely with the Finance team to manage cash flow forecasting and working capital requirements.
- Negotiate and manage payment plans with clients, ensuring compliance with company policies.
Taxation & Compliance
- Ensure AR transactions comply with GST and other regulatory requirements.
- Assist with corporate tax reporting, audits, and other statutory filings related to AR.
- Maintain proper documentation and records for audit and compliance purposes.
Audit & Internal Controls
- Support year-end and internal audits by preparing AR-related documentation and reconciliations.
- Implement and enforce internal controls to prevent discrepancies, revenue leakage, and fraud.
- Ensure all AR transactions adhere to company policies and regulatory standards.
Business Partnering & Financial Strategy
- Provide insights on AR trends, customer payment behavior, and credit risks to senior management.
- Support budgeting and forecasting processes by providing AR-related financial data.
- Collaborate with Sales, Operations, and Finance teams to improve billing and collections processes.
- Analyze financial data to identify areas for process improvement and efficiency.
System & Process Optimization
- Optimize the use of ERP/accounting software such as QuickBooks, PeopleVine, LightSpeed, Book4Time, and Tripleseat for AR management.
- Automate manual AR processes to enhance efficiency and reduce errors.
- Ensure proper documentation and continuous improvement of AR workflows.
REQUIREMENTS
- Degree in Accounting, Finance, or a related field.
- 2-4 years in Accounts Receivable, Credit Control, or a similar finance role.
- Prior experience in hospitality, retail, or service industries is an advantage.
- Strong knowledge of Accounts Receivable processes, invoicing, collections, and reconciliations.
- Proficient in financial reporting, taxation, and compliance.
- Strong knowledge of IFRS,and local tax regulations.
- Hands-on experience with QuickBooks.
- Experience with PeopleVine, LightSepped, Book4time, Tripleseat. (preferred but not a must).
- Advanced Excel skills for financial modeling and analysis.
- Strong problem-solving and critical thinking abilities.
- Excellent attention to detail and ability to manage multiple priorities.
- Ability to communicate complex financial data to non-finance stakeholders
Perks
- 5-day work week with diverse and energetic colleagues who work hard and play hard
- Employee discount on F&B & Spa at the club
- Staff meals daily (Breakfast through Dinner)
- Birthday credits (Birthday Leave, $75 voucher for use in the club and Birthday Cake!)
- Group Insurance ( GP- unlimited free consultation & medicine, TCM, Hospitalisation)
- Yearly wellness benefit
- Dental benefit
Line of reporting: CFO
WHO ARE WE
1880 is a members' club in Singapore that is interested in inspiring conversations that change the world. Combining a social club, co-working space, and an evolving calendar of events including discussions, parties, DJ nights, wellness sessions, and corporate launches, we create catalytic moments that stimulate both the intellect and the senses.
ABOUT THE ROLE
We are looking for a detail-oriented Accounts Receivable Officer to manage the company's billing and collections processes efficiently. This role is critical in maintaining accurate financial records, ensuring timely payments from members, and supporting overall financial operations. The ideal candidate should be proactive, analytical, and able to work both independently and collaboratively within a dynamic finance team.
RESPONSIBILITIES
Accounts Receivable & Financial Reporting
- Manage the end-to-end Accounts Receivable (AR) function, including invoicing, collections, reconciliations, and reporting.
- Ensure timely and accurate issuance of invoices, credit notes, and statements of accounts.
- Monitor outstanding receivables, follow up on overdue payments, and maintain an updated aging report.
- Reconcile AR balances with the general ledger and resolve discrepancies in a timely manner.
- Prepare monthly, quarterly, and annual AR reports, ensuring compliance with IFRS.
- Assist in the month-end closing process by providing AR-related journal entries and financial data.
- Conduct variance analysis and financial reviews to ensure data accuracy.
Collections & Cash Flow Management
- Develop and implement effective collection strategies to minimize bad debts and improve cash flow.
- Maintain regular communication with customers regarding outstanding invoices and payment terms.
- Work closely with the Finance team to manage cash flow forecasting and working capital requirements.
- Negotiate and manage payment plans with clients, ensuring compliance with company policies.
Taxation & Compliance
- Ensure AR transactions comply with GST and other regulatory requirements.
- Assist with corporate tax reporting, audits, and other statutory filings related to AR.
- Maintain proper documentation and records for audit and compliance purposes.
Audit & Internal Controls
- Support year-end and internal audits by preparing AR-related documentation and reconciliations.
- Implement and enforce internal controls to prevent discrepancies, revenue leakage, and fraud.
- Ensure all AR transactions adhere to company policies and regulatory standards.
Business Partnering & Financial Strategy
- Provide insights on AR trends, customer payment behavior, and credit risks to senior management.
- Support budgeting and forecasting processes by providing AR-related financial data.
- Collaborate with Sales, Operations, and Finance teams to improve billing and collections processes.
- Analyze financial data to identify areas for process improvement and efficiency.
System & Process Optimization
- Optimize the use of ERP/accounting software such as QuickBooks, PeopleVine, LightSpeed, Book4Time, and Tripleseat for AR management.
- Automate manual AR processes to enhance efficiency and reduce errors.
- Ensure proper documentation and continuous improvement of AR workflows.
REQUIREMENTS
- Degree in Accounting, Finance, or a related field.
- 2-4 years in Accounts Receivable, Credit Control, or a similar finance role.
- Prior experience in hospitality, retail, or service industries is an advantage.
- Strong knowledge of Accounts Receivable processes, invoicing, collections, and reconciliations.
- Proficient in financial reporting, taxation, and compliance.
- Strong knowledge of IFRS,and local tax regulations.
- Hands-on experience with QuickBooks.
- Experience with PeopleVine, LightSepped, Book4time, Tripleseat. (preferred but not a must).
- Advanced Excel skills for financial modeling and analysis.
- Strong problem-solving and critical thinking abilities.
- Excellent attention to detail and ability to manage multiple priorities.
- Ability to communicate complex financial data to non-finance stakeholders
Perks
- 5-day work week with diverse and energetic colleagues who work hard and play hard
- Employee discount on F&B & Spa at the club
- Staff meals daily (Breakfast through Dinner)
- Birthday credits (Birthday Leave, $75 voucher for use in the club and Birthday Cake!)
- Group Insurance ( GP- unlimited free consultation & medicine, TCM, Hospitalisation)
- Yearly wellness benefit
- Dental benefit