Accounting Executive

CALS BRAND SOLUTIONS PTE. LTD.; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading accounting firm in Singapore is seeking an Accounting Executive to manage receivables, payables, and general ledger duties. The ideal candidate will have a diploma in Accountancy and at least 2 years of relevant experience, particularly in retail accounting. Strong interpersonal skills, attention to detail, and proficiency in Microsoft Excel are essential. This role involves handling transactions, invoices, and financial reconciliations, ensuring all accounting processes run smoothly.

Qualifications

• Minimum 2 years of experience in related fields, ideally in RETAIL accounting.
• Team player with good interpersonal and organizational skills.
• Willingness to learn and hands-on approach.

Responsibilities

• Reconcile sales transactions for all stores.
• Record and verify vendors' invoices.
• Prepare standard monthly prepaid expenses and accruals.
• Prepare monthly bank reconciliations.

Skills

Interpersonal skills

Detail-oriented

Proficiency in Microsoft Excel

Education

Diploma in Accountancy or equivalent professional qualification

Job description

Responsibilities

Receivables

• Reconcile sales transactions (Accounting vs POS) for all stores
• Reconcile merchant statements, cash receipts and banks
• Post all receipts in the accounting system
• Issue & post manual debit notes/ invoices
• Submit monthly sales to landlords
• Ensure timely collections from wholesale customers

Payables

• Save all vendors' invoices in shared folder
• Record and verify vendors' invoices to be approved by respective approvers
• Post vendors' invoices in accounting system
• Preparation of payments
• Check & verify staff reimbursements & petty cash
• Post all payments in accounting systemReconcile vendors' SOA against our records

Inter-companies

• Post all IC invoices
• Prepare & post IC payments
• Reconcile IC balances & prepare monthly IC summary

General Ledger

• Prepare standard monthly prepaid expenses & accruals
• Post payroll JV
• Update monthly audit schedules

Bank

• Prepare monthly bank reconciliations for all bank accounts
• Download monthly bank statements

Others

• Liaise with merchants on payment types & terminals set up (new stores or additions)
• Collect cash proceeds from stores for banking in twice a month
• Support in annual audits and tax filings
• Any other duties as assigned

Requirements

• Diploma in Accountancy or equivalent professional qualification
• 2 years of experiences in related fields, ideally with experiences in RETAIL accounting. More experienced applicants will be considered as Senior Accounting Executive
• A team player with good interpersonal & organizations skills
• Willing to learn
• Detail-oriented and be hands-on in work deliverables to meet deadlines
• Proficiency in Microsoft Excel