Accountant

THE SUPREME HR ADVISORY PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading Singaporean financial services firm is looking for an Accountant – AR & AP to manage accounts payable and receivable functions. This position requires a Bachelor's degree in Accounting or Finance and 3-5 years experience in AR/AP oversight. Responsibilities include oversight of AR and AP processes, compliance with internal controls, and preparing financial reports. Candidates should possess strong analytical skills and experience with ERP systems. The role offers a competitive salary between $5800 and $6800.

Qualifications

• 3–5 years of experience in AR/AP oversight, analysis, or accounting review roles.
• Strong understanding of AR/AP processes and internal controls.
• Experience in audit support and GST compliance.

Responsibilities

• Manage AR and AP functions ensuring accurate financial records.
• Monitor payment and collection cycles for timeliness.
• Prepare AR and AP related journal entries for reporting.

Skills

AR/AP oversight

Financial analysis

Internal controls

Advanced Excel skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

ERP systems

Job description

Accountant – AR & AP

• 5 days, Monday to Friday: 8:30am to 5:30pm
• $5800 – $6800
• Pandan Road Singapore (Clementi)

The Accountant – AR & AP is responsible for managing the company’s accounts payable and accounts receivable functions, ensuring accurate financial records, timely payments, and efficient collection of receivables, and compliance with company policies. This role focuses on reporting, analysis, controls, and process improvement rather than transactional processing.

Responsibilities

AR & AP Oversight and Review

• Review AR, AP and Banking transactions including GST and tax compliance to ensure accuracy and adherence to accounting policies
• Monitor payment and collection cycles to ensure timeliness and effectiveness
• Identify errors irregularities, and control gaps, and recommend corrective actions
• Ensure proper approval workflows, framework and documentation are in place
• Liaise with sales and clients to resolve invoicing and credit collection issues promptly.
• Liaising with procurement and suppliers to resolve invoicing and payment issues promptly.

Planning & Analysis

• Plan and manage AR and AP cash flow cycles to support business operations
• Plan and manage banking facilities and banker’s guarantees
• Prepare and review AR and AP aging reports and key performance metrics
• Support banking activities, invoice financing, LC, cash flow forecasting, and working capital management

Controls & Compliance, Process Improvement & Coordination

• Maintain and enhance internal controls over AR and AP processes
• Ensure compliance with accounting standards, company policies, and audit requirements
• Drive continuous improvement initiatives for AR and AP processes
• Partner with procurement, sales, and operations teams to resolve issues
• Support system enhancements and automation initiatives

Month-End & Reporting

• Review AR and AP balances as part of month-end and year-end close
• Prepare AR and AP related journal as part of month-end and year-end close
• Prepare and review account reconciliations
• Provide AR/AP aging reports to management
• Coordinate with external auditors on AR and AP matters

Requirements

• Bachelor’s degree in Accounting, Finance, or related field
• 3–5 years of experience in AR/AP oversight, analysis, or accounting review roles
• Strong understanding of AR/AP processes and internal controls
• Experience with ERP systems and advanced Excel skills
• Experience in audit support
• Experience in GST and WHT compliance
• Familiarity with Trust receipts/Invoice Financing process and LC negotiation