Accounts Receivable

We are in the luxury hotel business in central Singapore; offering business and leisure travelers contemporary rooms and suites filled with opulent amenities and elegant furnishings, alongside first-rate facilities, exquisite French and local cuisines in our all-day dining restaurant, bar and a huge convention space with meeting rooms and 2 ballrooms to cater to corporate, meeting guests as well as leisure function events including weddings & dinner & dances.   We represent the renowned French living and Sofitel hospitality in Singapore.

• Solely responsible for the end-to-end accounts receivable process, including billing, collections, account reconciliation, and credit control;
• Maintain healthy cashflow by ensuring timely payments from customers and minimizing bad debts;
• Ensure daily reconciliation between payments from customers, credit card settlement and outstanding invoices
• Assess the creditworthiness of clients, enforce credit policies and build strong relationships with both internal stakeholders and external customers.
• Perform prompt account reconciliation to ensure that all receivables are accurately recorded and discrepancies are promptly investigated and resolved.
• Requires strong analytical skills, attention to detail, and a solid understanding of accounting principles
• Be proactive, well-organized, and capable of working independently in a dynamic, deadline-driven environment.
• Ensure strict compliance with the company’s and/or group’s financial policies, internal controls, and relevant regulatory requirements.
• Maintain detailed and accurate records of accounts receivable.
• Issue invoices and statements in a timely manner and proactively follow up on overdue payments to reduce bad debt exposure.
• Respond to customer inquiries regarding payment terms, billing details and special invoicing requests in a timely and professional manner.
• Accurately prepare and bill all group master accounts in accordance with hotel procedures and contractual agreements.
• Post daily City Ledger payments to ensure all transactions are accurately recorded.
• Process advance deposit and credit card refunds in a timely and compliant manner.
• Adhere to hotel credit and accounts receivable policies and procedures at all times.
• Evaluate the creditworthiness of both new and existing customers by verifying credit references and supporting documentations. Investigate customer’s credit worthiness using available sources and to provide credit recommendations to the Management
• Review and ensure proper authorization of all rebates and allowances and report any deviations from established policies.
• Manage and review credit limits for all City Ledger Accounts on an ongoing basis.
• Ensure accurate and complete posting of invoices in Opera, including guest names, amounts billed and account numbers.
• Transfer all invoices from Front Office data to appropriate accounts in Opera and verify their accuracy.
• Ensure that all invoices are properly signed by guests, with necessary supporting documents such as vouchers, outlet bills, room service charges, and other relevant back-ups attached.
• Coordinate with the Income Audit, Sales, Reservations and Catering Sales departments to resolve any billing discrepancies and rate variances.
• Validate all commission requests before submission to Accounts Payables to process payments. Verify that commissions are applicable based on guest eligibility, stay duration and booking conditions (e.g. no-shows, cancellations).
• Reconcile credit card transactions daily with Opera and post the corresponding credit card commission and bank charges timely.
• https://careers.accor.com/global/en/job/accounts-receivable-cum-credit-senior-executive-assistant-credit-manager-in-sofitel-singapore-city-centre-singapore-jid-79329