Accounts Executive (AR) - Local Candidates Only
Accounts Executive (AR) - Local Candidates Only

The Capitol Kempinski Hotel Singapore

Posted

Accounts Executive (AR) - Local Candidates Only

About the job

Accounts Executive (AR) - Local Candidates Only

Application Deadline: 31 May 2024

Department: Finance & Procurement

Employment Type: Permanent - Full Time

Location: Singapore - Singapore

Description
SCOPE


Reporting to the Director of Finance, the incumbent has to handle and monitor all matters relating to customer credit and timely collection of outstanding debts as well as timely issuing of invoices.

OVERALL OBJECTIVES


  • To safeguard the financial integrity and stability of the hotel and minimize any exposure to potential risks.
  • To ensure the timely and accurate issuing of invoices and collection of payments and deposits.
  • Responsible for investigating customer’s credit worthiness and to recommend credit approval or disapproval to management.
  • To set and monitor credit limits for both in-house and City Ledger Accounts.
  • Responsible for recording payments to the City Ledger daily, and verifying accuracy of all AR postings.
  • Review and understand groups and catering contracts and the corresponding billing arrangements.
  • Investigate disputed charges and follow up when necessary.
  • Responsible for reviewing uncollectable accounts and recommending write-offs.
  • Responsible for reconciling the control accounts on a monthly basis.
  • Prepare statements for outstanding City Ledger accounts and pending deposit payments.
  • Responsible for handling all billing and reconciling credit card transactions.
  • To follow-up on customer inquiries on a timely basis.
  • Other ad-hoc duties as assigned.


Key Responsibilities
OVERALL OBJECTIVES


  • To safeguard the financial integrity and stability of the hotel and minimize any exposure to potential risks.
  • To ensure the timely and accurate issuing of invoices and collection of payments and deposits.
  • Responsible for investigating customer’s credit worthiness and to recommend credit approval or disapproval to management.
  • To set and monitor credit limits for both in-house and City Ledger Accounts.
  • Responsible for recording payments to the City Ledger daily, and verifying accuracy of all AR postings.
  • Review and understand groups and catering contracts and the corresponding billing arrangements.
  • Investigate disputed charges and follow up when necessary.
  • Responsible for reviewing uncollectable accounts and recommending write-offs.
  • Responsible for reconciling the control accounts on a monthly basis.
  • Prepare statements for outstanding City Ledger accounts and pending deposit payments.
  • Responsible for handling all billing and reconciling credit card transactions.
  • To follow-up on customer inquiries on a timely basis.
  • Other ad-hoc duties as assigned.


Skills, Knowledge and Expertise
REQUIREMENTS
  • Finance trained with at least 3 years of relevant finance experience in AR, preferably in the hotel industry. 
  • Experience with hotel accounting software (e.g. Opera, MICROS, FutureLog) an advantage.
  • Strong computer skills, including Microsoft Office (Excel/PowerPoint/Word)
  • Organized, analytical, resourceful, meticulous and confident.
  • Able to multi-task and work independently in a dynamic environment with good problem solving and decision-making skills.
  • Good interpersonal and communication skills.
About The Capitol Kempinski Hotel Singapore

Located in Singapore’s charming civic and cultural district, the iconic Capitol Building and Stamford House have been restored to unveil as The Capitol Kempinski Hotel Singapore. A quintessential masterpiece of beautifully conserved architecture uplifted with a modern touch and bespoke hospitality, this exclusive retreat promises luxury at its finest.
Timeless yet contemporary, the hotel features 155 guestrooms and suites, a lobby lounge, an outdoor saltwater relaxation pool, a fitness centre and Spa, and an exclusive event space, as well as a bespoke bar and a signature restaurant helmed by a Michelin-starred chef. The discovery continues, with the hotel connected to the luxury heritage lifestyle destination, Capitol Singapore – encompassing an exclusive 39-unit Eden Residences Capitol, a premium retail mall Capitol Piazza, and the legendary Capitol Theatre.

Accounts Executive (AR) - Local Candidates Only

Singapore

Full-time, Indefinite

Start Date:

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