Accounting Executive

Cals Brand Solutions Pte. Ltd.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A dynamic accounting services company in Singapore is looking for an Accounting Executive to manage various financial operations. The role includes reconciling sales transactions, preparing monthly bank reconciliations, and ensuring timely collections. Candidates should possess a diploma in accountancy, with at least 2 years of relevant experience, especially in retail accounting. Strong Excel skills and attention to detail are essential for success in this role.

Qualifications

• 2 years of experiences in related fields, ideally with experiences in retail accounting.
• More experienced applicants will be considered as Senior Accounting Executive.

Responsibilities

• Reconcile sales transactions for all stores.
• Submit monthly sales to landlords.
• Prepare and post inter-company payments.
• Prepare monthly bank reconciliations.

Skills

Proficiency in Microsoft Excel

Detail-oriented

Interpersonal skills

Organizational skills

Team player

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 system
  • Reconcile 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