Accountant

First Ambulance and Healthcare; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading healthcare company in Singapore is looking for an accounting professional to oversee financial reporting, payroll processing, and budgeting tasks. The role requires managing financial records, ensuring compliance with regulations, and supporting audits. Ideal candidates must possess a degree in Finance or Accounting and have strong experience in financial operations.

Qualifications

• Experience with preparing financial statements and managing general ledger.
• Familiarity with MOM regulations for payroll processing.
• Ability to prepare budgets and forecasts.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements.
• Manage payroll processing in compliance with regulations.
• Assist in budgeting and financial forecasting.

Skills

Financial Reporting

Payroll Processing

Budgeting

Cost Monitoring

Accounts Payable

Accounts Receivable

Bank Reconciliation

Internal Controls

Education

Bachelor's degree in Finance or Accounting

Tools

Accounting software (e.g., MYOB, Xero)

Job description

1. Financial Reporting & General Ledger

• Prepare monthly, quarterly, and annual financial statements in accordance with Singapore Financial Reporting Standards (SFRS).
• Manage general ledger entries, ensure accuracy and completeness of financial records.
• Perform month-end and year-end closings, including accruals and adjustments.

2. Payroll Processing & Compliance

• Process monthly payroll in compliance with MOM regulations and company policies.
• Ensure timely and accurate salary payments, including overtime, bonuses, and allowances.
• Calculate and submit statutory contributions:
  CPF, SDL, SHG, and other government-mandated deductions.
• Maintain accurate payroll records and employee compensation data.
• Handle IR8A and related income records (optional if not handling tax submission, but often done jointly with HR).
• HR Coordination: Liaise with HR on staff changes affecting payroll (e.g., new hires, resignations, unpaid leave).
• Grant Claims / Funding Reconciliations: For companies applying for salary-related subsidies or government schemes.

3. Budgeting, Forecasting & Cost Monitoring

• Assist in preparation of budgets, forecasts, and financial projections.
• Track and report on budget variances, highlight cost-saving opportunities.
• Support cash flow planning and monitor day-to-day cash requirements.

4. Accounts Payable (AP) & Accounts Receivable (AR)

• Manage the AP process: verify and process supplier invoices, prepare payment runs.
• Oversee the AR process: issue customer invoices, perform credit control, and reconcile receipts.
• Maintain aging reports and follow up on outstanding balances.

5. Bank & Account Reconciliation

• Perform bank reconciliations regularly to ensure alignment of records.
• Reconcile key balance sheet accounts (e.g., payroll payable, CPF payable, accrued expenses).

6. Fixed Assets & Inventory

• Maintain and update fixed asset register, handle asset tagging and depreciation.
• Ensure correct capitalization of assets and adherence to accounting policies.
• Assist in inventory accounting, if applicable.

7. Audit & Internal Controls

• Support external and internal audit processes by preparing necessary schedules and documentation.
• Ensure compliance with financial controls and regulatory requirements.
• Review and enhance internal controls related to payroll, accounting, and finance processes.

8. System & Process Improvements

• Assist with accounting system upgrades or migrations.
• Recommend and implement process improvements to streamline workflow and reduce errors.