Position Summary
Responsible for managing the Company's accounts receivable, financial reporting, and general ledger functions to ensure accurate and timely financial reporting, support month-end and year-end closing activities, maintain compliance with accounting standards and statutory requirements, and contribute to continuous process improvements within the Finance Department.
Key Responsibilities
1. Accounts Receivable & Revenue Management
- Review billing requests and supporting documentation before invoice generation.
- Prepare and process customer invoices, credit notes, receipts, and accounts receivable journal entries.
- Prepare and issue customer Statements of Account (SOA).
- Monitor outstanding receivables and follow up with business units on overdue accounts to ensure timely collection.
- Prepare monthly journal entries for accrued revenue and deferred income.
- Prepare bad debt provision journals and supporting schedules.
2. Financial Closing & Reporting
- Prepare monthly journal entries and supporting schedules.
- Maintain the Fixed Asset Register and process monthly depreciation entries.
- Perform bank reconciliations and investigate reconciling items.
- Prepare balance sheet reconciliations and resolve identified variances.
- Prepare cash flow reports and other management reports as required.
- Support monthly, quarterly, half-yearly, and year-end financial closing and reporting processes.
3. Compliance, Tax & Audit Support
- Assist in the preparation of financial statements in accordance with Singapore Financial Reporting Standards (SFRS), the Companies Act, and applicable tax regulations.
- Maintain accurate accounting records, audit trails, and supporting documentation.
- Prepare audit schedules and supporting documents for internal and external audits.
- Liaise with external auditors and respond to audit queries promptly.
- Assist in the preparation of tax computations, statutory reports, and regulatory filings.
- Ensure compliance with company policies, accounting standards, statutory requirements, and internal control procedures.
4. Process Improvement & Administrative Support
- Identify and recommend improvements to finance processes and operational efficiency.
- Support finance system enhancements, automation initiatives, and continuous process improvement projects.
- Participate in system implementation, testing, and process optimization initiatives.
- Perform other ad hoc duties and projects as assigned.
Qualifications & Experience
- Degree in Accountancy, Finance, or an equivalent professional qualification.
- Minimum three (3) years of relevant experience in finance and accounting.
- Sound knowledge of accounting principles, financial reporting, accounts receivable, and month-end closing processes.
- Experience in statutory reporting, audit support, and tax compliance is an advantage.
- Proficient in Microsoft Office applications, particularly Microsoft Excel.
- Experience with Microsoft Dynamics 365 or other ERP/accounting systems is an advantage.
