Accountant

OKURA TECHNOLOGY SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A construction and engineering firm in Singapore is seeking a meticulous Accountant to manage full sets of accounts, oversee credit control, and ensure compliance with statutory regulations. The ideal candidate will have 3–5 years of hands-on experience in accounting, with a preference for those familiar with the construction industry and proficient in Microsoft Dynamics 365. Responsibilities include financial reporting, banking liaison, and audit preparation. This role demands strong interpersonal skills and the ability to work independently in a fast-paced environment.

Qualifications

• Minimum 3–5 years of relevant hands-on experience in accounting.
• Construction/Engineering experience is highly preferred.
• Proficiency in Treasury functions and Multi-Currency accounts.

Responsibilities

• Manage full sets of accounts independently.
• Lead month-end and year-end closing processes.
• Prepare timely monthly management reports.

Skills

Financial Accounting

Credit Control

Management Reporting

Trade Finance

Compliance

Excel

Education

Diploma or Bachelor’s Degree in Accountancy, Finance

Professional qualifications (CA Singapore, ACCA, CPA)

Tools

Microsoft Dynamics 365 Business Central

Job description

Job Overview

We are looking for a detailed-oriented, hands‑on and proactive Accountant to manage our financial operations. You will handle full sets of accounts, drive credit control to ensure healthy cash flow, manage complex banking facilities (Trade Finance/Forex), and ensure statutory compliance with SFRS and tax regulations (GST/IRAS), and supporting the MD & Group CFO with management reporting.

The ideal candidate has experience in the Construction/Engineering industry and is proficient in Microsoft Dynamics 365 Business Central.

Key Responsibilities

1. Financial Accounting & Credit Control

• Full Sets: Manage full sets of accounts independently, including Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL).
• Credit Control (AR Chasing):
  • Closely monitor the Accounts Receivable aging report.
  • Actively follow up with clients on overdue invoices via phone and email to ensure timely collection.
  • Liaise with internal Project Managers and external clients to resolve billing disputes, specifically regarding progress claim certifications and retention sums.
• Closing: Lead the month‑end and year‑end closing processes strictly adhering to deadlines.
• FX Accounting: Perform month‑end revaluation of foreign currency balances.
• Project Accounting: Monitor project costs and progress claims (relevant for construction contracts) to ensure accurate revenue recognition.

2. Management Reporting

• Prepare timely monthly management reports with variance analysis.
• Generate estimated Profit & Loss (P&L) statements and Cash Flow projections (incorporating collections data from AR aging) to support decision‑making by the Group CFO.
• Assist in budgeting and forecasting activities.
• Provide updates to the Group CFO regarding currency exposure and collections status.

3. Trade Finance

• Banking Liaison: Act as the primary point of contact for bankers regarding all banking matters.
• Trade Finance: Manage the application and lifecycle of banking facilities, specifically Bank Guarantees (BG), Letters of Credit (LC), and Performance Bonds.
• Forex Management: Monitor foreign exchange exposure and execute Forex transactions to support overseas payments.
• Cash Management: Verify monthly payments, process staff claims, authorize internet banking transactions, and perform monthly bank reconciliations.

4. Compliance & Audit

• GST: Prepare and submit quarterly GST returns (F5) to IRAS, ensuring accuracy and compliance.
• Audit: Maintain monthly/yearly audit schedules and act as the primary liaison for external auditors during the financial year‑end.
• Ensure compliance with local statutory requirements and SFRS.

5. Ad‑hoc Duties

• Undertake any other ad‑hoc financial projects or administrative duties as assigned by the MD & Group CFO.

Requirements

Education & Certification

• Diploma or Bachelor’s Degree in Accountancy, Finance, or equivalent.
• Professional qualifications (e.g., CA Singapore, ACCA, CPA) are advantageous but not mandatory.

Experience

• Minimum 3–5 years of relevant hands‑on experience in accounting.
• Industry Focus: Construction/Engineering experience is highly preferred (familiarity with progress claims, retention sums, BGs, and LCs).
• Treasury: Experience in Multi‑Currency accounts, Forex hedging, and Trade Finance.
• Collections: Proven track record in effective credit control and debt recovery.
• Familiarity with Singapore tax laws (GST, Corporate Tax) and SFRS.

Technical Skills

• Software: Proficiency in Microsoft Dynamics 365 Business Central is a strong advantage.
• Strong command of MS Excel (Pivot Tables, VLOOKUP).

Soft Skills

• Meticulous and able to work independently in a fast‑paced environment.
• Good interpersonal skills to communicate effectively with vendors and internal stakeholders.
• Firm and tactful communication skills: Ability to chase clients for payment effectively while maintaining business relationships.