Accounts Executive

BAKER'S BREW STUDIO PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A prominent F&B company in Singapore is seeking an Accounts Executive to manage full sets of accounts and day-to-day finance operations. Key responsibilities include accounting, retail outlet accounting, and e-commerce reconciliation. The ideal candidate has a diploma or degree in Accounting or Finance and 2-5 years of experience, especially in F&B, retail, or e-commerce. Knowledge of GST compliance and accounting software is essential. This role requires strong attention to detail and good communication skills.

Qualifications

• 2–5 years of accounting experience, preferably in F&B or retail.
• Experience handling GST and multi-outlet operations is a strong advantage.
• Prior experience in accounting required.

Responsibilities

• Maintain full set of accounts including AP, AR, and GL.
• Reconcile daily POS sales & delivery platforms.
• Prepare monthly management reports and assist in budgeting.

Skills

Detail-oriented

Good communication skills

Proficient in accounting software

Strong knowledge of GST

Good Excel / Google Sheets skills

Education

Diploma / Degree in Accounting, Finance, or Commerce

LCCI / ACCA (part-qualified) / equivalent

Tools

Xero

QuickBooks

MYOB

ABSS

Job description

The Accounts Executive will handle full sets of accounts and day-to-day finance operations for an F&B business operating multiple retail outlets and an online e-commerce platform in Singapore. The role ensures accurate financial reporting, GST compliance, outlet and online sales reconciliation, inventory accounting, and statutory submissions.

Key Responsibilities

1. 1. Accounting & Bookkeeping

   • Maintain full set of accounts (AP, AR, GL)

   • Record daily sales, purchases, expenses, and payments

   • Prepare monthly closing, trial balance, and schedules

   • Ensure compliance with Singapore accounting standards (SFRS)

2. 2. Retail Outlet Accounting (3 Outlets)

   • Reconcile daily POS sales& delivery platforms (e.g. GrabFood, Foodpanda, Deliveroo – if applicable)

   • Track outlet-wise revenue, costs, and profitability

   • Monitor cash handling and investigate variances

   • Coordinate with outlet managers on sales and expense submissions

3. 3. E-commerce Accounting

   • Reconcile online sales from company website

   • Track payment gateway settlements, platform commissions, refunds, and chargebacks

4. 4. Accounts Payable & Receivable

   • Process supplier invoices and ensure timely payments

   • Maintain vendor and creditor reconciliations

   • Track receivables and follow up on outstanding balances

   • Prepare payment runs and bank transfers

5. 5. Inventory & Cost Control (F&B)

   • Maintain inventory records for raw materials, packaging, and finished goods

   • Support monthly stock takes and variance analysis

6. 6. Taxation & Statutory Compliance (Singapore)

   • Prepare and file GST returns with IRAS

   • Ensure accurate GST treatment for dine-in, takeaway, and online sales

   • Handle CPF contributions and employee-related statutory matters

   • Assist with corporate income tax (ECI / Form C/C-S) preparation

   • Liaise with auditors, tax agents, and corporate secretaries

7. 7. Payroll & Expense Management

   • Support payroll processing and salary payments

   • Verify staff claims, outlet expenses, and petty cash

   • Track employee advances and reimbursements

8. 8. Reporting & MIS

   • Prepare monthly management reports (P&L, cash flow, outlet-wise analysis)

   • Assist in budgeting and forecasting

   • Provide ad-hoc financial analysis to management

Requirements & Qualifications

Education

• Diploma / Degree in Accounting, Finance, or Commerce

• LCCI / ACCA (part-qualified) / equivalent is an advantage

Experience

• 2–5 years of accounting experience

• Prior experience in F&B, retail, or e-commerce preferred

• Experience handling GST and multi-outlet operations is a strong advantage

Technical Skills

• Proficient in accounting software (Xero, QuickBooks, MYOB, ABSS, or similar)

• Experience with POS systems and payment gateway reconciliation

• Strong knowledge of GST and IRAS compliance

• Good Excel / Google Sheets skills

Soft Skills

• Detail-oriented and well-organised

• Able to meet reporting deadlines

• Good communication and coordination skills

• Able to work independently in a fast-paced F&B environment