BUZUD – Finance Intern

Position Overview

We are looking for a detailed-oriented and proactive Accounts Receivable (AR) Executive to join our Finance team. In this role, you will manage day-to-day AR operations, ensure timely collections from retail partners, clinics, and B2B clients, perform account reconciliations, and maintain accurate financial records in compliance with medical device industry standards.

Key Responsibilities

Invoice & Cash Collection Management

• Generate and issue sales invoices, credit notes, and customer statements in a timely and accurate manner.

• Manage customer accounts, perform credit checks for new client onboarding, and assist in setting credit limits.

• Monitor outstanding balances and execute proactive collections strategies via calls, emails, and follow-ups to minimize overdue receivables.

• Reconciliation & Payment Processing

• Perform daily matching and posting of customer incoming payments (GIRO, PayNow, bank transfers, credit card payments, etc.).

• Reconcile AR sub-ledger against the General Ledger (GL) during month-end closing.

• Identify and resolve billing discrepancies, short payments, or disputed accounts with external clients and internal sales teams.

• Reporting & Month-End Closing

• Prepare monthly AR aging reports and analyze DSO (Days Sales Outstanding) trends for management review.

• Monitor bad debts, assess allowances for doubtful accounts, and propose necessary write-offs.

• Assist in month-end financial closing activities and support internal/external audit processes.

• Process Improvement & Stakeholder Coordination

• Collaborate closely with the Sales, Supply Chain, and Operations teams to streamline billing workflows and resolve customer issues quickly.

• Ensure compliance with Singapore Financial Reporting Standards (SFRS), GST regulations, and company financial policies.

• Requirements & Qualifications

• Education: Diploma or Bachelor’s Degree in Accountancy, Finance, ACCA, or an equivalent qualification.

• Experience: 2–4 years of hands-on Accounts Receivable (AR) experience, ideally in medical devices, healthcare, pharmaceuticals, or retail/distribution environments.

• Technical Skills:

  • Proficiency in accounting software / ERP systems (e.g., SAP, Oracle, Xero, or QuickBooks).

  • Advanced MS Excel skills (Pivot Tables, VLOOKUP / XLOOKUP, data analysis).

• Soft Skills:

  • Strong communication and interpersonal skills for effective client negotiations and cross-departmental collaboration.

  • Meticulous attention to detail, strong problem-solving ability, and high ethical standards.

  • Self-motivated and able to thrive under tight month-end deadlines.