Accountant

Purple (APAC) Limited; Hong Kong; On-site; HKD 420,000 - 680,000; Full time

Job summary

PURPLE APAC, based in Hong Kong, is seeking an experienced Accountant to manage the APAC finances, including invoicing, payroll, tax, and month-end close. The role reports to the Finance Director in the UK and the APAC Managing Director.

The ideal candidate will be fluent in English and Cantonese, detail-oriented, and proficient with Excel, Peachtree, Xero and Sage. Qualified accountants have an advantage.

Qualifications

• Strong English and Cantonese communications.
• Detail oriented with financial accuracy.
• IFRS knowledge and accounting software proficiency.

Responsibilities

• Oversee day-to-day APAC finances in HK, including payroll and tax.
• Lead month-end close and management accounting with FD and FP&A.
• Coordinate annual audit with Hong Kong and Singapore auditors.
• Prepare cash flow forecasts and maintain fixed asset registers.
• Ensure compliance with HK tax requirements and government filings.
• Maintain central filing of employment contracts and client contracts.

Skills

English & Cantonese

Detail oriented

Education

Qualified accountant (advantage)

Tools

Excel

Peachtree

Xero

Sage

Job description

Global PR and Communications agency, PURPLE is looking for an experienced Accountant to manage and oversee the APAC finances. Based in the Hong Kong office, the candidate will be reporting to the Finance Director based in the UK Head Office as well as the APAC Managing Director. The ideal candidate will manage the day-to-day financial operations of PURPLE APAC including invoicing, payroll, banking, expenses, budgets, tax and month end management accounting.

The ideal candidate will have strong communications skills in English and Cantonese, be detail orientated and well versed on accounting software such as Excel, Peachtree, Xero and Sage. Qualified accountant is an advantage.

Principal duties shall include, but not be limited to:

• Ownership and Management of the day-to-day operations of the PURPLE APAC, including accounts payable, accounts receivable, payroll, tax compliance, the month end process and management accounting.
• Accountable for the accounts at month end to ensure correct financial policies have been undertaken under IFRS. Taking accruals & prepayments as applicable.
• Reviewing the monthly accounts with the FD and FP&A manager and support production of the management accounts and monthly commentary provided to the management team.
• Lead the annual audit process, liaising with external auditors for Hong Kong and Singapore offices.
• Prepare accurate cash flow forecasts in regular basis.
• Maintain Fixed Asset Register and prepare monthly accounting schedules.
• Update sales projections and forecast of business performance review from time to time.
• Develop and maintain robust financial systems and processes, ensuring scalability and efficiency.
• Dealing with the financial administration and required reports, both internally and to external agencies as required.
• Constant process review and improvement.
• Lead and manage payroll and expenses for APAC staff as well as issue payroll slips.
• Client invoicing to ensure invoices are issued in a timely manner and followed up to meet the Group’s credit terms as well as file all client contracts on the central system.
• Prepare and file the Employer’s Return of Remuneration and Pensions (IRD56B).
• Ensure timely monthly submission of MPF contributions.
• Keep proper filing of client’s contract, quotation and filing of employment contracts.
• Handle the local tax requirement like IRD56E, IRD56F for Hong Kong employee in / out.
• Calculate the annual leave balances and final payments for Hong Kong employee in accordance with the Hong Kong Employment Ordinance and Labour Law.

Oversee:

• Billing and revenue recognition processes.
• APAC staff expenses to ensure they complete on a timely and accurate basis.
• Support processing supplier invoices where needed and managing the process to ensure accurate and timely input for accounting record and payment.
• Reviewing and allocating project expenses to client accounts and recharge out-of-pocket expenses to clients.
• Reviewing payable reports and raising payments.
• Monitor and track project costs to ensure budget control.
• Follow up long-outstanding accounts receivable.
• Ensuring compliance of company payment terms policy.
• Daily Bank reconciliation and cash flow reports are routinely updated.
• Complete understanding of the full accounts receivable process for APAC business.
• Complete understanding of supplier Statement of Account reconciliations.
• Liaison with the head office finance team and ownership of the Hong Kong and Singapore accounts.
• Supporting with queries during the annual financial audits and all necessary regulatory reporting to external bodies.

Immediately available candidate is highly preferred.