Overview
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.
Responsibilities
- 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.
- 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.
- 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.
- Banking and Cash Management
- Perform bank reconciliations and petty cash management.
- Assist in cash flow forecasting and fund management.
- 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.
- 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.