Account Executive
Location: Ubi
Salary: $3200 - $4200
Working Hours: 5 Days | 9am – 6pm
Key Responsibilities
1. Full Sets of Accounts
- Maintain complete and accurate financial records, including journal entries, general ledger, and reconciliations. Manage monthly and year-end closing processes, ensuring timely and accurate reporting.
2. Accounts Payable (AP)
- Oversee invoice processing, vendor management, and timely disbursements. Monitor cash outflows and implement tech-enabled workflows to improve AP efficiency.
3. Accounts Receivable (AR)
- Generate and track client invoices; manage collections and follow up on overdue payments. Leverage automation to streamline AR tracking and enhance cash collection.
4. Revenue Recognition
- Ensure accurate and compliant recognition of revenue from project-based services, including progressive billing and milestone-based models. Apply relevant standards such as percentage-of-completion (POC) where applicable.
5. Project Costing & Budget Oversight
- Track project budgets, WIP (Work-in-Progress) schedules, and actual expenses. Conduct variance analysis and collaborate with project managers to ensure profitability.
6. Financial Reporting & Analysis
- Prepare and analyze monthly, quarterly, and annual financial statements. Provide strategic insights on trends in revenue, cost control, and project performance.
7. Cash Flow & Liquidity Management
- Monitor daily cash flow and prepare rolling forecasts. Recommend actions to optimize working capital and project funding.
8. Tax & Regulatory Compliance
- Prepare corporate tax filings and ensure compliance with local tax regulations. Manage GST, withholding tax, and audit-related documentation.
9. Audit & Year-End Preparedness
- Coordinate with external auditors during the year-end process. Prepare audit schedules and ensure timely, accurate submissions.
10. Cross-Functional Collaboration
- Partner with design, sales, and project teams to align financial operations with business needs. Translate financial data into actionable insights for decision-making.
11. Policy, Process & Tech Enablement
- Explore and leverage AI-powered tools (e.g., invoice OCR, predictive analytics, smart reconciliation) to enhance accounting accuracy, forecasting, and operational efficiency.
- Establish and refine internal controls and accounting procedures. Drive adoption of accounting systems and reporting dashboards to enhance process accuracy and visibility.
12. Continuous Improvement
- Stay informed on industry best practices, evolving standards, and new tools. Lead or support finance automation and systems improvement initiatives.
Requirements
- Bachelor’s degree in Accounting, Finance, or related field.
- Minimum 2-3 years of accounting experience, preferably in construction, interior design, architecture, or other project-based environments.
- Experience in Full Set, AP/AR management and cash flow forecasting, Project Accounting, QuickBooks, Xero and month/year-end processes.
- Experience with revenue recognition for project-based billing models (POC or milestone-based).
- Advanced Microsoft Excel skills (e.g., pivot tables, lookups, formulas).
- Experience with ERP upgrades or system implementations and exposure to Power BI, Google Sheets scripting, or Airtable for reporting automation.
Interested personnel kindly contact WhatsApp: https://wa.me/6592994753 (Marcus)
Tan Meng Liang Reg No: R23115923
The Supreme HR Advisory Pte Ltd EA No: 14C7279