Accounts Receivable Executive (313@somerset)

Lendlease Singapore is currently looking for an Accountant Receivable Executive to join our 313@somerset team. The Accounts Receivable Executive is responsible for managing the full spectrum of accounts receivable functions, including tenant billing, collections, rental income accounting, deposit management, and customer account maintenance. The role supports the mall's operational and financial objectives by ensuring timely billing, accurate recording of revenue, effective arrears management, and compliance with established policies and procedures.

Responsibilities:

• Process monthly rental billing cycles, including Rent Roll generation and invoice issuance in accordance with lease agreements.
• Compute and bill Gross Turnover (GTO) rent based on tenants' sales submissions.
• Upload and maintain monthly tenant sales data in Yardi system.
• Process ad-hoc billings including utilities, air-conditioning charges, season parking, licensing fees, bank redemption fees, and other recoverable charges.
• Prepare and issue credit notes with appropriate approvals.

• Perform daily AR bank reconciliation and matching of incoming receipts.
• Generate monthly GIRO collection files and monitor successful collection outcomes.
• Compute late payment interest charges according to approved SOP timelines.
• Monitor tenant outstanding balances and follow up on overdue accounts.
• Prepare monthly AR aging reports and highlight arrears, collection issues, and unsuccessful GIRO transactions to management.
• Participate in arrears management activities and support regular arrears review meetings.
• Generate and issue reminder letters and collection notices based on established schedules.

• Maintain and update tenant and customer master data in the accounting system.
• Process and account for Security Deposits and Fit-Out Deposits accurately.
• Review and verify all documentation and account balances prior to deposit refunds.
• Maintain proper records and monitoring of tenants' Bankers' Guarantees and other security instruments.

• Handle banking transactions including cheque and cash deposits.
• Perform bank errands and liaison with financial institutions when required.
• Maintain accurate records of daily cash and banking activities.

• Review tenants' audited sales reports against POS sales submissions and identify discrepancies.
• Raise adjustment billings for under-declared or over-declared sales affecting GTO rent calculations.
• Manage voucher issuance for marketing campaigns, corporate purchases, promotional activities, and concierge stock replenishment.
• Reconcile car park revenue and update monthly income records.
• Maintain petty cash float and process staff reimbursement claims.

• Ensure compliance with company policies, SOPs, and internal controls.
• Maintain accurate accounting records and supporting documentation.
• Assist in audits and provide supporting schedules and information as required.
• Support management with financial reporting, analysis, and ad-hoc assignments.

Requirements:

• Diploma or Degree in Accountancy, Finance, Business, or related discipline.
• Minimum 2-5 years of relevant Accounts Receivable experience, preferably within the retail mall, property management, or real estate industry.
• Strong understanding of Accounts Receivable processes, collections, tenant billing, and reconciliations.
• Experience with property management systems such as Yardi is preferred.
• Good knowledge of GST and basic accounting principles.

Benefits of working at Lendlease:

• Permanent position  
• 20 days annual leave per year plus 3 days of wellbeing leave
• Medical, Dental and Inpatient coverage for self and dependant.
• Access to online wellbeing and mental health platform

Lendlease is a diverse, flexible and inclusive employer of choice. We engage, enable and empower our people and support their individual needs. Inclusion sets us all up for success.
If you feel this position is suited to your skills, experience and career aspirations, please apply on the link.

At Lendlease we offer workplaces that unite diverse minds; where respect, equitable treatment and equitable opportunity are just the norm. We value the unique experiences, perspectives and aspirations that every candidate brings. Lendlease remains committed to supporting under-represented groups and providing a wide range of inclusion initiatives, so that everyone is supported to thrive.

Lendlease welcomes applicants regardless of gender identity, ethnicity, people with a disability, sexual orientation, or life stage. If you do not meet all the criteria or require adjustments to proceed with your application, we encourage you to reach out for a further discussion.