Accounting Specialist New

Velocity Electronics; Singapore; On-site; SGD 36,000 - 54,000; Full time

Job summary

Velocity Electronics in Singapore seeks an Accounting Specialist for a 6-month contract to manage accounts payable, accounts receivable, and credit-related tasks. The role involves collaboration to ensure timely payments and collections and may extend based on business needs and performance.

Key responsibilities include processing supplier payments, customer invoicing, resolving invoice disputes, and maintaining aging reports to support accurate financials. Onsite in Singapore.

Qualifications

• Diploma or ACCA or equivalent certification.
• 1–2 years progressive accounting experience.
• Proficient in MS Office, especially Excel; GAAP knowledge.

Responsibilities

• Process and record supplier payments within terms.
• Process customer invoicing and post receipts promptly.
• Resolve invoice disputes with business partners.
• Maintain AR/AP aging and reconcile balances.
• Assist in month-end close and balance sheet reconciliations.

Skills

GAAP knowledge

Education

Diploma or ACCA

Tools

MS Excel

ERP software

Job description

Unleash Your Potential with Velocity Electronics!

We are looking for an ACCOUNTING 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 paymentsl
• 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
• Computer literate
• 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.