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.