Credit Manager Singapore - Global Leader

  • Job Reference: 00000675-1
  • Date Posted: 18 December 2019
  • Recruiter: IhON People Recruitment
  • Location: Singapore
  • Salary: On Application
  • Bonus/Benefits: Commission
  • Sector: Accounting, Construction, Engineering
  • Job Type: Permanent
  • Duration: Permanent

Job Description

Must have permanent residence in Singapore.


Min. Degree in Business Administration or equivalent professional qualification 
Min 5 years of experience in Credit Control and in handling of Contractual Terms and Conditions and Commercial Contract Law in Construction Industry  
Good communication skills especially in conducting chasers (via phone calls) to client
Strong proficiency in MS Office applications
Positive attitude and result orientated  
Good analytical and organizational skills with attention to details
Knowledge in SAP will be an added advantage

Role & Responsibilities

Credit Risk Management:

Oversee implementation of credit policy to minimize bad debts while helping the company maximize profitable sales
Ensure the credit risk assessment and credit investigations of existing and potential customers
Review credit notes and discount to customers

Collection Management:

Monitor monthly balances of customers and issue statement of accounts
Maintain information flow with Sales and Operation Team regarding customer accounts
Deal with customers to provide clarifications and details related on invoicing and balance status
Ensure timely clarification of disputed receivables 
Track the course of aging accounts and payment received including determine actions to be taken
Track DSO and identify actions to improve it
Carry out dunning process including preparation of reminder letters according to company's policy
Maintain logbook of dunning process
Set the agenda and chair monthly A/R meetings with Sales Team
Propose payment plans for customers in financial difficulties to be reviewed and approved by Management Team
Proposed actions for external recovery of debts to be reviewed and approved by Management Team
Collection of deposits and advance payments
Ensure customer master data is up to date
Maintain correspondence with customer and other documentation

Tenders, Contracts and Project Management:

Reviewing of Tenders & Contracts 
Assist company in highlighting critical requirements and any deviation in compliance with terms & conditions during tendering and contracting.
Assist in administration of projects 
Perform other duties as assigned