Accounts Associate

KRESTON HELMI TALIB; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A multinational accounting firm in Singapore is seeking an Accounts Associate to assist in maintaining the accuracy of accounting records. This role demands a degree in Accounting and at least 2 years of experience, preferably at a Big 4 firm. The successful candidate will handle financial transactions, prepare financial statements, and ensure compliance with accounting standards. Fluency in English and familiarity with accounting software like Xero or SAGE are essential. Attention to detail is critical for success in this role.

Qualifications

• Degree in Accounting required.
• Minimum of 2 years accounting experience preferred, especially with Big 4.
• Must be fluent in English, both written and spoken.
• Experience with MS Office Suite and accounting software is necessary.
• Attention to detail is critical.

Responsibilities

• Perform accounting functions, including preparing full sets of accounts.
• Record transactions relating to sales, purchases, and cash accurately.
• Assist with preparing financial statements and bank reconciliation.
• Prepare payments to vendors and review documentation.
• Process payroll transactions into accounting software.
• Prepare tax returns and classify expenses accurately.
• Conduct statutory contributions calculations.
• Ensure adherence to professional conduct standards.
• Identify ethical conflicts in the workplace.
• Maintain quality control procedures.

Skills

Degree in Accounting

2 years accounting experience

Fluent in written and spoken English

MS Office Suite

Accounting software (e.g. Xero, SAGE)

Keen eye for detail

Education

Degree in Accounting

Tools

Xero

SAGE

MS Office Suite

Job description

Reporting into the Accounting Manager, and supported by the Accounting Senior, the Accounts Associate provides assistance and gives administrative support in maintaining the accuracy of the accounting records of the client.

The Accounts Associate provides support by performing financial accounting and corporate reporting activities; and processing business transactions and reports using information technology tools.

Responsibilities

• Perform the accounting function in preparing full sets of accounts which includes maintaining/keying in data into accounting systems/software.
• Record clients transactions and events relating to sales, purchases, receivables, payable and cash; as well as inventory accruals, prepayments, capital structure and finance costs; ensuring the accuracy of these financial records and statements.
• Assist with the preparation of month-end financial statement, cash flow statements, bank reconciliation statements and schedules to the accounts.
• Prepare payments to vendors; this includes reviewing invoices for appropriate documentation and approval prior to payment, matching the invoices to cheques, obtaining all signatures for cheques, preparing the payment vouchers, updating the Cash Flow Listing through cheques/telegraphic transfers/bank drafts, distributing the cheques accordingly.
• Process payroll transactions into the accounting systems/software.
• Prepare tax returns for submissions and classifying allowable expenses accurately.
• Prepare the Annual Survey for Clients.
• Prepare statutory contribution (e.g. Central Provident Fund) calculations.
• Act in accordance with the Code of Professional Conduct and Ethics for Accountants and Accounting Entities, and International Financial Reporting Standards when providing accounting services.
• Identify ethical conflicts in the work environment.
• Ensure compliance with the firm's quality control procedures.
• Be a team player, working cooperatively and communicating effectively in the work environment.
• Identify areas for personal development to improve work performance.

Desired Skills and Qualifications

• Degree in Accounting
• 2 years accounting experience (Big 4 Accounting Firm- Desirable)
• Fluent in written and spoken English
• MS Office Suite and accounting software (e.g. Xero, SAGE)
• Keen eye for detail

We regret that only shortlisted candidates will be shortlisted for an interview.