Senior Executive, Accounts Receivable

DRIVING CONNECTIVITY

Chart your Course with PIL

With over 55 years of leadership in the global shipping industry, Pacific International Lines (PIL) is looking for proactive individuals to drive innovation and sustainable shipping solutions. If you’re fueled by pioneering ideas, enjoy challenging the status quo, and are determined to make a significant impact, PIL wants you as a part of our dynamic community of maritime professionals.

At PIL, we provide local experiences with a global reach. With our headquarters in Singapore, and services offered at over 500 locations in 90 countries, you will have ample opportunities to work with colleagues from different cultures and communities.

Get On Board for a Dynamic and Purposeful Career.

Manage full spectrum of HO AR activities and support ongoing finance transformation efforts

Key Responsibilities:

MLOs Offset Proposals & Netting Settlements:

• Prepare MLO aging reports and outstanding AP invoice lists.
• Send offset proposals to customers, reconcile SOA, and facilitate netting settlements.
  
  

Charter Out Accounting & Settlements:

• Process invoices and credit notes related to charter expenses.
• Track payments, conduct reconciliation for vessel re-delivery, and coordinate approvals for refunds.
• Update monthly cash flow forecasts for Charter Hire collections and coordinate reporting with AP teams.
  
  

Billing, Collection & Receipts Processing:

• Prepare invoices for re-billing rental, utility charges, ISD support, professional services, and management fees.
• Issue invoices for sales transactions, lease recovery, and ad-hoc financial activities.
• Process credit notes for clearing AR invoices, ensuring accurate reconciliation and approvals.
• Generate and provide month-end SOA with transaction listings to PIL & MELL before month-end closing for accruals.
• Respond to AP team requests for SOA related to netting purposes.
• Provide SOA to internal and external stakeholders
• Monitor collection payments across MLO, Charter Out, MELL, MSPL, and other ad-hoc transactions.
• Coordinate with GFSU for payment receipts and maintain updated Cash Flow records.
  
  

Month-End Closing Activities:

• Execute month-end closing procedures and ensure compliance.
• Prepare the Debtor’s meeting deck and verify the accuracy of financial presentations.
• Conduct quarterly Expected Credit Loss calculations and financial analysis
  
  

Other Financial Duties:

• Review refund processes and coordinate payment arrangements with AP teams.
• Review and perform WHT, bank charges, and write-offs in GFS with appropriate approval
• Upload invoice transactions to the accounting system.
• Credit Management
• Maintain and promote internal controls and standardized AR and credit control procedures to ensure consistent application of best practices globally
• Address auditors’ queries and provide necessary schedules, reports, or documentation as required.
• Other duties as assigned
  
  

MUST HAVE:

• Diploma in any discipline
• Min 5 years of experience in debt collection and monitoring
• Strong understanding of financial and accounting pricipals
• Execllent analytical and problem-solving skills

Why Join Us:

• Be part of a leading global carrier with a strong focus on sustainability and innovation.
• Work in a dynamic and collaborative environment.
• Opportunities for professional growth and development.

Application Process:

To apply for this exciting opportunity, please submit your resume outlining your qualifications and experience to PIL Career Website.

About Us

Incorporated in 1967, Pacific International Lines (PIL) is ranked 12th among the world’s top container shipping lines and is also the largest home-grown carrier in Southeast Asia. Based in Singapore, PIL is a global carrier with a focus on Asia, China, Africa, the Middle East, Latin America, Oceania, and the Pacific Islands.

Together with its affiliated companies Mariana Express Lines (MELL) and Malaysia Shipping Corporation, PIL serves customers at over 500 locations in more than 90 countries worldwide with a fleet of 100 container and multi-purpose vessels.

Apart from the core liner shipping business, PIL also has several other business units such as container manufacturing, depot, and logistics services.

PIL strives to meet the needs of its customers by providing value-adding services such as intermodal, breakbulk, and reefer services delivered on innovative technological platforms. With its focus on “Driving Connectivity” and commitment to achieving Net Zero by 2050, PIL aims to be an efficient, sustainable, and future-ready shipping line.

For more information, visit www.pilship.com

Pacific International Lines (PIL) is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.