Accountant

KENOIL MARINE SERVICES PTE LTD; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading marine services company in Singapore is seeking a detail-oriented Accountant to manage daily financial operations, including reporting and accounts payable/receivable. The ideal candidate will possess a Bachelor's degree in Accounting, 2-3 years of relevant experience, and familiarity with Singapore Financial Reporting Standards. Join the team and contribute to the growth of our organization while ensuring compliance with regulatory requirements.

Qualifications

• Minimum 2-3 years of experience in a similar accounting role.
• Strong understanding of Singapore Financial Reporting Standards (SFRS).
• Ability to work independently and as part of a team.

Responsibilities

• Manage daily accounting operations to ensure accuracy.
• Prepare monthly, quarterly, and annual financial reports.
• Calculate and file statutory tax returns in compliance.

Skills

Detail-oriented

Analytical skills

Interpersonal skills

Time management

Education

Bachelor's degree in Accounting

Tools

Accounting software

Sage

Job description

Overview

Kenoil offers comprehensive services in oil and gas trading and bunkering, delivering equipment, support, and logistics solutions to ensure efficient operations. Our core values include integrity, accountability, teamwork, and continuous improvement, with a strong focus on personal growth and collaboration.

At Kenoil, we create a supportive environment where you can thrive, contribute, and be part of a successful team. Join us and help shape the future of the energy industry!

Job Summary

We are looking for a detail-oriented Accountant to manage daily financial operations, including reporting, accounts payable/receivable, and reconciliations. You will ensure accuracy and compliance with regulations while supporting the finance team. If you\'re passionate about accounting and eager to contribute to a growing company in the marine sector, we\'d love to hear from you!

Job Responsibilities

1. Accounting

• Manage daily accounting operations to ensure accuracy in entries.
• Manage petty cash transactions and monitor office expense claims.
• Review and validate journal entries for various transactions, including fixed asset additions and depreciation.
• Ensure proper maintenance and organization of accounting records and filing systems for all financial documentation.
• Manage/oversee the accounts payable process by verifying invoices, reconciling vendor statements, and ensuring timely payments.
• Manage/oversee accounts receivable activities including invoicing, collections, and follow-ups on outstanding balances.
• Perform regular reconciliations of bank accounts and accounts payable/receivable ledgers to ensure accuracy and completeness if needed.

2. Financial Reporting and Analysis

• Maintain an accurate general ledger and ensure timely recording of financial transactions.
• Prepare monthly, quarterly, and annual financial reports with a focus on accuracy and compliance.
• Assist in budgeting, forecasting, and variance analysis across group and vessel entities.

3. Taxation and Regulatory Compliance

• Calculate, prepare, and file statutory tax returns (e.g., corporate income tax, GST) in compliance with regulatory deadlines.
• Liaise with external auditors to support the annual audit process and address any queries.
• Stay up-to-date of changes in tax laws and accounting standards to ensure ongoing compliance.
• Work closely with external parties such as bankers, auditors, and government agencies to facilitate financial transactions and reporting requirements.
• Support internal and external audit processes, particularly related to group and vessel accounting matters.

Job Requirement

• Bachelor\'s degree in Accounting or a related field (CPA designation a plus).
• Minimum 2-3 years of experience in a similar accounting role.
• Strong understanding of Singapore Financial Reporting Standards (SFRS) and International Financial Reporting Standards (IFRS) (or equivalent).
• Proficient in accounting software. Familiar with sage will be a plus.
• Good analytical and problem-solving skills with a high attention to detail.
• Strong communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Excellent time management and organizational skills.