Accounts Executive (AP & AR)

ACCA Careers; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading institution in the education sector in Singapore is seeking an individual to handle both Accounts Payable and Accounts Receivable functions. This role ensures accurate financial processes and contributes significantly to organizational efficiency. The ideal candidate possesses a relevant Diploma/Degree and has at least 3 years of accounting experience, alongside strong communication skills and attention to detail.

Benefits

Opportunity for professional development

Comprehensive benefits package

Supportive work environment

Qualifications

• 3 years of experience in accounting or related business.
• Familiarity with basic accounting principles and managing high volumes of data.
• Ability to work independently and as part of a team.

Responsibilities

• Process and issue invoices for school fees accurately.
• Collect and deposit fees, perform weekly bank reconciliations.
• Analyze revenue and costs, review concession postings.
• Ensure compliance with FRS 115 revenue recognition standards.
• Review and post month-end revenue entries, address discrepancies.
• Reconcile student numbers with class lists.
• Monitor payments from parents and companies.
• Maintain AR records, resolve discrepancies.
• Prepare monthly financial reports.
• Support GST filing, audits, budgeting, process improvements.

Skills

Accounting principles

Data management

Communication skills

Interpersonal skills

Time management

Education

Diploma/Degree in Accountancy or Business Management

Job description

You will handle both Accounts Payable (AP) and Accounts Receivable (AR) functions. This role is crucial in ensuring accurate and timely financial processes, contributing to the overall efficiency of the organization.

Client Details

Our client is a leading institution in the education sector, committed to excellence and continuous improvement. They offer a supportive and inclusive work environment where your contributions will be valued and recognized.

Description

• Process and issue invoices for school fees, ensuring accuracy and timeliness
• Collect and deposit fees, and perform weekly bank reconciliations
• Analyze revenue and costs, and review concession postings
• Ensure compliance with FRS 115 revenue recognition standards
• Review and post month-end revenue entries, addressing any discrepancies
• Reconcile student numbers with class lists and admissions records
• Monitor and follow up on payments from parents and companies
• Maintain AR records, ensuring aging is up to date and discrepancies are resolved
• Prepare monthly financial reports and schedules
• Support ad hoc activities such as GST filing, audits, budgeting, and process improvements

Profile

• Diploma/Degree in Accountancy, Business Management, or related fields
• 3 years of experience in accounting or related business
• Familiarity with basic accounting principles and managing high volumes of data
• Strong communication and interpersonal skills
• Ability to work independently and as part of a team
• Excellent time management and attention to detail

Job Offer

• Opportunity to work in a dynamic and supportive environment
• Professional development and growth opportunities
• Comprehensive benefits package

To apply online please click the 'Apply' button. For a confidential discussion about this role please contact Zinc Teo (Lic No: R1222405/ EA No.: 18C9065) on [phone]. Michael Page International Pte Limited, company number 199804751N.