Accountant (Jurong East)

Key Responsibilities

General Ledger

• Responsible for IFRS 16 lease accounting entries.
• Preparation of inventory aging report and provision for stock obsolescence.
• Posting of Group treasury interest income and expense.
• Posting of monthly manual journal entries.
• Responsible for month-end closing tasks such as FX revaluation, opening/closing of accounting periods.
• Monthly preparation and submission of financial data to Group in accordance to their closing timeline.
• Preparation of monthly balance sheet reconciliations such as bank and petty cash.
• Preparation of quarterly goods and service tax and withholding tax filing to IRAS.
• Preparation of VAT for Australia.
• Responsible for APAC payroll computation and other matters, with external service provider assistance.
• Involved in annual budget exercise and input numbers into reporting system.
• Liaison with auditors, customers, suppliers, bankers and tax consultants such as bank account matters.
• Support Regional Finance Manager in monthly analysis of financial data, commentary and other finance matters.
• Preparation of external audit schedules.
• Preparation of tax organizer.
• Attending to external auditors, tax agent and tax authority queries.

Accounts Receivable (Intercompany and 3rd party)

• Manage customer master data such as credit limit, payment term, creation of new customer and amendment of existing customer data.
• Manual release of sales order when credit block.
• Follow-up with sales, customer on payment matters.
• Preparation of debit and credit note such as miscellaneous sales for scrap.
• Posting of customer receipts and bank charges.
• Forecast of monthly receipts for cash flow management.
• Preparation or aging report and provision for bad debt.
• Accrual of customer claim.
• Posting of other monthly manual journal entries.
• Computation of agent commission and customer volume rebate.
• Monthly Interco Confirmation and resolving differences.
• Preparation of external audit schedules and corporate income tax computation data.

Accounts Payable (Intercompany and 3rd party)

• Manage vendor master data such as payment term, creation of new vendor and amendment of existing vendor data.
• Matching of invoices to purchase orders and delivery orders, resolving differences with vendor and procurement department.
• Scan supplier invoices and supporting VIM, vendor management portal.
• Posting of supplier invoices, applying the payments, applying the correct account and cost center coding.
• Close drop shipment purchase orders.
• Forecast of monthly payments for cash flow management, prepare netting payment to Treasury.
• Accrual of supplier invoices not received for month-end closing.
• Monthly Interco Confirmation and resolving differences.
• Posting of Goods-in-transit journal entry.
• Posting of other monthly manual journal entries.
• Checking staff claims and ensuring compliance with Company Policy.
• Arranging payment for other matters such as Director Fee/Bonus.
• Follow up on long overdue advance payment made.
• Clearing of control accounts.
• Posting and amortizing of prepayment account.
• Preparation of fixed cost report for Singapore and consolidate for other APAC regions.
• Checking and processing the payment of APAC region.

Education and Experience

• Minimum 3 to 5 years of relevant accounting experience.
• Hands-on experience in payroll for Singapore.
• Knowledge of payroll for other countries within APAC region would be an added advantage.
• Corporate tax experience is preferred.
• SAP experience is good to have.