Full Time Assistant Manager, Finance (AP and AR) Jobs, in Foundation Healthcare Holdings Federal Territory - Maukerja

About The Company

At Foundation Healthcare, we believe that all stakeholders in the healthcare ecosystem must work closely together to deliver better value for the patients we care for. We believe healthcare should be: accessible, affordable and accountable. Currently one of the largest multi-specialty private specialist groups in Singapore, we are supported by our proprietary technology platform and strategic partnerships. Work with us to reimagine and build out the "foundation" for modern healthcare.

Our Culture

We dream big. We push boundaries. All while remembering the importance of laying the right foundations to build a sustainable organization.

We are a team of passionate and dynamic individuals pursuing our best daily. We respect everyone's ideas and talents, and we embrace diversity.

Job Description

About the Role

We are seeking a highly capable and detail-oriented Assistant Manager, Finance (AP & AR) to join our dynamic healthcare finance team. This role plays a critical part in supporting the full spectrum of finance operations, including accounts payable, accounts receivable, billing, collections, and cash flow management.

The successful candidate will ensure financial accuracy, strengthen operational efficiency, and uphold strong internal controls across both payables and receivables functions. This position requires close collaboration with internal stakeholders, healthcare providers, insurers, vendors, and patients to ensure seamless financial operations in a fast-paced healthcare environment.

Key Responsibilities

Accounts Payable Management

• Oversee end-to-end processing of supplier and vendor invoices, ensuring accuracy, proper authorisation, and compliance with internal policies.
• Manage vendor onboarding, master data maintenance, and payment term compliance.
• Supervise timely payment processing via multiple payment channels including electronic transfers and cheques.
• Resolve vendor discrepancies and payment-related queries in a timely and professional manner.
• Ensure accurate reconciliation of accounts payable ledgers and supporting documentation.

Accounts Receivable & Revenue Management

• Oversee accurate and timely billing for patient services, corporate clients, insurance claims, and government schemes.
• Ensure completeness and accuracy of billing data in compliance with healthcare regulations and organisational standards.
• Monitor incoming receipts and ensure timely posting and reconciliation of collections.
• Maintain strong AR control through effective monitoring of outstanding balances.

Insurance Claims & Revenue Cycle Operations

• Manage submission and follow-up of insurance claims and third-party reimbursements.
• Collaborate with clinical, operations, and billing teams to resolve claim discrepancies and documentation gaps.
• Track claim performance, including rejections, underpayments, and reimbursement timelines.

Cash Flow, Reporting & Analysis

• Monitor AP and AR aging, ensuring healthy cash flow and working capital management.
• Prepare regular financial and management reports, including collection performance, vendor ageing, and cash flow forecasts.
• Analyse key performance indicators (KPIs) such as DSO, claim rejection rates, and payment cycle efficiency.

Stakeholder Engagement

• Build and maintain strong working relationships with vendors, insurers, corporate clients, patients, and internal departments.
• Handle billing and payment disputes with professionalism, empathy, and strong problem-solving skills.
• Act as a key liaison between finance and operational teams to ensure alignment and resolution of issues.

Governance, Compliance & Controls

• Ensure strict adherence to internal controls, accounting standards, and healthcare finance regulations.
• Maintain audit-ready documentation and support internal and external audit processes.
• Strengthen financial governance through consistent application of policies and approval workflows.

Process Improvement & Team Leadership

• Identify and drive process improvement initiatives to enhance efficiency, accuracy, and automation within AP and AR functions.
• Support system enhancements and ERP optimisation (e.g., Oracle NetSuite).
• Supervise and mentor junior finance staff, supporting their development and performance excellence.

Desirable Attributes & Competencies

Requirements

• Bachelor’s degree in Accounting, Finance, Business, or related discipline.
• Minimum 5 years of relevant finance experience covering Accounts Payable and/or Accounts Receivable, preferably within the healthcare industry.
• Strong understanding of healthcare billing processes, insurance claims, vendor management, and revenue cycle operations.
• Solid knowledge of accounting principles, financial reporting, and internal controls.
• Proficiency in Microsoft Excel and ERP systems (Oracle NetSuite experience is highly advantageous).
• Strong analytical, organisational, and problem-solving skills.
• Excellent communication and stakeholder management abilities, with the confidence to handle sensitive financial matters professionally.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Foundation Healthcare is an equal opportunity employer. We thrive on diversity and are committed to creating an inclusive environment for all employees.