Finance Executive (Operation)

Job overview:

To ensure accurate and timely calculation, reconciliation, and payout of dealer commissions, while managing Accounts Receivable processes to support healthy cash flow and operational efficiency. The role and strengthen revenue operations.

Purpose of role:

To ensure accurate and timely calculation, reconciliation, and payout of dealer commissions, while managing Accounts Receivable processes to support healthy cash flow and operational efficiency. The role and strengthen revenue operations.

Job requirement

1. Dealer Commission Processing (70%)

• Calculate and process dealer/sales commissions accurately and on time based on pre-established formulas.
• Review, verify, and reconcile commission statements from multiple products/channels.
• Analyze and assess the accuracy of sales and commission data.
• Identify, investigate, and resolve commission discrepancies and disputes.
• Maintain accurate periodic records of commissions and supporting documentation.
• Generate commission reports, statements, and summaries for management review.
• Ensure commission documentation is updated, clear, and compliant.
• Support audits and financial reviews relating to commission payments.
• Evaluate commission guidelines periodically and recommend improvement measures.
• Research and understand commission structures across various products and verticals.

2. Reconciliation & Accuracy Control (30%)

• Perform regular reconciliation of collections, receipts, AR balances, and bank statements.
  *Identify, investigate, and resolve discrepancies in collections and cash receipts promptly
• Conduct monthly reconciliation between system records and financial reports to ensure accuracy

3. Cross-Functional Collaboration (5%)

• Collaborate with teams to manage deals and resolve commission-related matters.
• Respond to dealer inquiries regarding commission payouts.
• Work closely with Finance and Accounting teams to ensure transactional accuracy.
• Provide solutions for ad hoc operational or commission-related requests.

4. Process Improvement & Operational Support (5%)
Support enhancement and optimization of commission processes.

• Contribute to continuous improvement in revenue and commission operations.
• Ensure transparency and efficiency in commission and AR processes.

5. Qualification Required

• Bachelor’s degree in Accounting
• 2-3 years of relevant working experience in a similar roles
• Strong proficiency in accounting software and MS Excel.
• Excellent analytical and problem-solving skills.
• Effective communication and interpersonal skills.
• Detail-oriented with a commitment to accuracy.