Finance Executive Full Set
Job Summary
The Finance Executive is responsible for handling full set accounts and maintaining accurate financial records. Key duties include transaction processing, monthly bank reconciliations, and preparing financial statements. The role also involves managing tax filings and coordinating with auditors.
Responsibilities
- Manage full set accounts
- Process invoices and payments
- Prepare monthly bank reconciliations
- Handle GST preparation and filing
- Manage fixed assets and database updates
Required Skills
- Diploma in Accounting or Business Administration
- 3-5 years accounting experience
- Proficiency in accounting software (NAV)
- Knowledge of GST and tax regulations
Job Details
Responsibilities:
a) Transaction Processing:
1) Check matching of supplier’s invoice, purchase order (PO) and purchase requisition.
2) Prepare sales invoices and process receipts.
3) Check all invoices for proper authorisation according to the financial regulations before processing payment.
4) Prepare payment vouchers and cheques.
5) Prepare journal entries / vouchers.
6) Preparing of monthly bank reconciliations.
7) Check major supplier statements and accrue expenses for goods received without invoice.
8) Account coding of invoices for recognition of expenses/assets.
9) Comparisons on estimated revenue / charges against actual (Vendors)
10) Managing staff leave records and staff expenses claims.
b) Maintenance of Accounting Records:
1) Data input / verification.
2) Update accounting database (NAV).
3) Reconcile database maintained in different modules.
4) Maintain fixed assets register.
c) Reporting:
1) Monthly financial statements.
2) Supplementary reports and schedules.
3) Reconciliation of creditors’ statement of accounts.
4) Dealing with auditors on financial audit and preparation of audited financial statements
d) Tax Processes:
1) GST preparation and filing
2) Working with tax agent on corporate tax computation and relevant schedules
3) Assist on IRAS tax query if there is any
Requirements:
- Minimum Diploma in Accounting, Business Administration and/or equivalent.
- 3 - 5 years experience in finance/accounting field.