Accounts Executive
Job Summary
The Accounts Executive supports the Group Finance Manager in daily accounting operations and ensures accurate financial reporting. Key tasks include managing cash flow, maintaining full sets of accounts, and handling month-end closing processes. Additionally, the role covers payroll administration, audit preparation, and corporate tax filing support.
Responsibilities
- Manage full sets of accounts (AR, AP, GL)
- Handle monthly payroll and CPF submissions
- Perform month-end closing and financial reporting
- Coordinate annual audit and tax filings
- Monitor cash flow and bank reconciliations
Required Skills
- Accounting principles knowledge
- Financial reporting & Analysis
- Payroll administration
- Tax and Audit compliance
- General ledger management
Job Details
Roles and Responsibilities:
Cash Management:
- Maintain and control petty cash, including updating the petty cash records and cash book.
- Prepare and process monthly payments, including supplier payments, staff salaries, and ad hoc payments.
- Monitor customer duty payments, including Duty Payment (DP), Import GST (IG), and Import Duty (ID).
- Record all cash and cheque receipts, as well as payments, in the accounting system accurately and promptly.
Full Set of Accounts:
- Maintain full sets of accounts, including accounts receivable, accounts payable, and general ledger functions.
Fixed Assets:
- Maintain the fixed assets register and ensure timely updates of depreciation schedules.
Month-End Closing and Financial Reporting:
- Perform monthly bank reconciliations.
- Prepare and review monthly financial statements, management reports, profitability reports, and variance analyses.
- Review and reconcile intercompany transactions and balances.
Management Reporting and Statutory Submissions:
- Prepare financial and management reports for submission to management for review.
Audit and Tax:
- Maintain audit schedules and supporting documentation.
- Manage the year-end audit process and liaise with external auditors, tax agents, and company secretary.
- Prepare and review corporate income tax filings and related schedules.
Payroll and HR Administration:
- Process monthly payroll, overtime, and incentive calculations accurately and on time.
- Handle monthly CPF submissions.
- Process staff claims and reimbursements.
General Administration:
- Provide general administrative support and undertake other duties as reasonably assigned by management.