Accounts Executive

FOXWOOD LLC; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A financial services firm based in Singapore seeks an experienced finance professional to manage financial reporting, compliance, and support legal practices. The ideal candidate holds a degree in Accounting or Finance and has 2-3 years of relevant experience, particularly in a law firm environment. Proficiency in accounting software and strong analytical skills are essential. This position is exclusively for Singapore Citizens and Permanent Residents.

Qualifications

• Minimum 2-3 years of relevant experience in accounting or finance.
• Familiarity with legal billing and trust account management is a plus.
• Strong analytical and problem-solving skills.

Responsibilities

• Prepare financial statements and budgets.
• Manage accounts payable and receivable.
• Ensure compliance with financial regulations.
• Conduct financial analysis for decision-making.

Skills

Financial reporting

Analytical skills

Attention to detail

Communication skills

Education

Diploma/Degree in Accounting or Finance

Professional certifications (ACCA, CPA)

Tools

Xero

MS Office

Job description

Key Responsibilities:

1. Financial Reporting:

• Prepare monthly, quarterly, and annual financial statements and reports.
• Assist in the preparation of budgets and financial forecasts.
• Ensure timely and accurate closing of accounts, including reconciliation of general ledger accounts.

2. Accounts Payable/Receivable:

• Manage accounts payable, including verifying invoices, preparing payment vouchers, and processing payments.
• Handle accounts receivable, including invoicing clients, tracking payments, and following up on outstanding receivables.
• Perform bank reconciliations and maintain accurate records of financial transactions.

3. Billing and Collections:

• Generate and review client invoices in accordance with the firm's billing guidelines.
• Monitor and manage the collections process, including sending reminders and coordinating with clients for payment.
• Address billing discrepancies and resolve any issues related to client accounts.

4. Compliance and Regulatory Requirements:

• Ensure compliance with financial regulations and standards, including GST and other statutory requirements.
• Prepare and submit necessary regulatory filings and reports.
• Assist with internal and external audits, providing necessary documentation and support.

5. Financial Analysis and Reporting:

• Conduct financial analysis and provide insights to support decision-making.
• Prepare various financial reports and analysis as required by management.
• Assist in cost control and efficiency improvement initiatives.

6. Support for Legal Practice:

• Collaborate with legal teams to provide financial support and advice on client matters.
• Assist in the management of client trust accounts, ensuring compliance with legal and regulatory requirements.
• Provide financial information and reports to support case management and client engagements.
• Perform any other ad-hoc tasks as assigned by the management.

Qualifications and Skills:

• Diploma/Degree in Accounting, Finance, or related field.
• Professional certifications (e.g., ACCA, CPA) are advantageous.
• Minimum 2-3 years of relevant experience in accounting or finance, preferably in a law firm or professional services environment.
• Familiarity with legal billing and trust account management is a plus.
• Proficient in accounting software (Xero) and MS Office applications.
• Excellent analytical and problem-solving skills.
• Strong attention to detail and accuracy.
• Good communication and interpersonal skills.

This role is only open to Singapore Citizens and Singapore Permanent Residents.