Accounts Executive

Xie He Engineering Pte Ltd; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

An engineering company in Singapore is seeking an experienced accountant to manage day-to-day accounting operations and ensure accurate financial reporting for construction projects. Responsibilities include handling full accounts, processing payments, and ensuring compliance with Singapore accounting regulations. The ideal candidate should hold a diploma or degree in Accounting or Finance and have 2–4 years of relevant experience.

Qualifications

• Minimum 2–4 years of accounting experience, preferably in construction or engineering.
• Ability to work independently under tight deadlines.

Responsibilities

• Handle full sets of accounts including AR, AP, GL, and bank reconciliation.
• Prepare monthly, quarterly, and year-end closing reports.
• Verify supplier invoices and process payments.
• Assist in tracking project expenses against budgets.
• Perform bank reconciliations and assist in cash flow forecasting.
• Ensure compliance with accounting standards.

Skills

Knowledge of progress billing

Proficient in accounting software

Proficient in Microsoft Excel

Good understanding of Singapore accounting regulations

Meticulous and organized

Education

Diploma or Degree in Accounting or Finance

Job description

Job Purpose

To perform day-to-day accounting operations and ensure accurate financial reporting for the company’s construction projects. The role supports financial control, project cost monitoring, and compliance with statutory requirements.

Key Responsibilities

1. General Accounting

• Handle full sets of accounts (AR, AP, GL, and bank reconciliation).
• Maintain accurate and up-to-date accounting records in accordance with company policies.
• Prepare monthly, quarterly, and year-end closing reports.
• Process journal entries, accruals, and adjustments.

2. Accounts Payable (AP)

• Verify supplier invoices, purchase orders, and delivery orders for accuracy.
• Process payments to suppliers, subcontractors, and vendors according to payment terms.
• Monitor retention sums and progress payments related to construction contracts.

3. Accounts Receivable (AR)

• Prepare customer invoices and follow up on payments.
• Monitor aging reports and ensure timely collection.
• Handle progress claims and coordinate with project teams for billing accuracy.

4. Project Costing and Reporting

• Assist in tracking project expenses and comparing them against budgets.
• Liaise with project managers and quantity surveyors to ensure accurate cost allocation.
• Prepare cost reports and support management in financial analysis.

5. Banking and Cash Management

• Perform bank reconciliations and petty cash management.
• Assist in cash flow forecasting and fund management.

6. Audit, Taxation & Compliance

• Assist in annual audit, tax submissions, and government reporting (GST, CPF, IRAS, etc.).
• Ensure compliance with accounting standards and company internal controls.

7. Administrative Support

• Maintain proper filing and documentation of accounting records.
• Support ad-hoc duties assigned by management or finance department.

Requirements

• Diploma or Degree in Accounting, Finance, or equivalent qualification.
• Minimum 2–4 years of accounting experience, preferably in construction or engineering industry.
• Knowledge of progress billing, retention, and project costing is an advantage.
• Proficient in accounting software and Microsoft Excel.
• Good understanding of Singapore accounting and tax regulations.
• Meticulous, organized, and able to work independently under tight deadlines.