Accounting Specialist

Velocity Electronics; Singapore; On-site; SGD 36,000 - 58,000; Full time

Job summary

Velocity Electronics seeks an Accounting Specialist for a 6-month contract in Singapore to handle accounts payable, accounts receivable, and credit tasks. The role collaborates with internal and external partners to ensure timely payments and accurate invoicing while supporting AR/AP aging and reconciliations.

Requirements include a Diploma or equivalent (ACCA preferred) and 1-2 years in accounting. Proficiency in MS Office and a solid grasp of GAAP are essential, with careful handling of

Qualifications

• Diploma or ACCA preferred.
• 1-2 years progressive experience in accounting.
• Proficient with MS Office, especially Excel.
• Strong knowledge of GAAP.
• Experience handling confidential information.

Responsibilities

• Process accounts payable and accounts receivable transactions.
• Record payments to suppliers and service providers within terms.
• Post customer receipts and invoicing accurately.
• Assist in resolving invoice disputes with partners.
• Maintain aging reports and support balance sheet reconciliations.
• Collaborate with internal teams to ensure accurate reporting.

Skills

MS Office

GAAP

Confidential information handling

Education

Diploma or ACCA

Job description

Unleash Your Potential with Velocity Electronics!

We are looking for anACCOUNTING SPECIALIST (6-Month Contract)in SINGAPORE to perform accounting functions generally related to accounts payable, accounts receivable, and credit. The Accounting Specialist will collaborate internally and externally to meet organizational objectives, including the collection of accounts receivable and/or the payment of accounts payable in order to deliver exceptional experiences and outcomes. Potential for extension may be available based on business needs and performance.

Key Responsibilities:

• Process and record payments to suppliers and service providers ensuring invoices are paid within stated terms
• Process invoicing for customers and post receipts in a timely and accurate manner
• Assist in resolving disputes or other issues on invoices with business partners
• Maintain aging reports; proactively resolve aged items
• Support activities enabling the reconciliation of balance sheet account
• Other duties as assigned

Essential Functions

• Request and check references for new business partners
• Override customer or vendor credit holds
• Work with Sales and Purchasing to resolve credit issues
• Process customer or vendor RMAs and credits
• Enter, apply and post customer payments
• Facilitate payment of vendor invoices via various means (check, credit card, escrow, wires, ACH, etc.), ensuring payments are made and recorded to the ERP in a timely and accurate manner
• Maintain AR and/or AP aging; take actions to keep current
• Review and process travel and entertainment expense reports in compliance with corporate policy

Qualifications

• Education: Min. Diploma or equivalent (eg.ACCA)
• Experience:1-2 years progressive experience inAccounting
• Proficient with MS Office, especially Excel
• Strong knowledge of GAAP
• Experienced at discreetly handling sensitive, confidential issues and information

Why Join Us:

At Velocity Electronics, our core values—Be Amazing Today, Demonstrate Mutual Respect and Trust, Act Courageously, and Own Your Outcomes—drive our success. Are you someone who thrives in a fast-paced environment and is driven to exceed goals? At Velocity, you’ll be empowered to take ownership of your success, build meaningful relationships, and drive growth through innovative solutions.

Join a top independent electronic components distributor serving the world’s leading contract manufacturers and OEMs!

This is an onsite position reporting to our Singapore office.

Please note that employment pass sponsorship is not available for this position. Applicants must have current and valid work authorization to work in Singapore.