Accounts Executive (Construction)

Borr Drilling; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in drilling services seeks an Accounting Manager to oversee the full set of accounts and ensure accurate financial reporting. The ideal candidate will manage budget control, liaise with external auditors, and contribute to the financial management efforts of the organization, ensuring compliance with accounting regulations.

Qualifications

• Experience in managing full set of accounts.
• Knowledge in financial compliance and reporting standards.
• Strong analytical skills in financial performance.

Responsibilities

• Manage full set of accounts and ensure timely closure.
• Perform variance analysis and prepare cash flow reports.
• Liaise with auditors and manage billing activities.

Skills

Financial Reporting

Variance Analysis

Accounting Processes

Tools

Autocount Software

Job description

Job Responsibilities

1. Responsible for managing the full set of accounts, ensuring accuracy and timely closure.
2. Review and formulate accounting processes throughout the company to ensure accurate financial reporting.
3. Perform variance analysis on the company's financial performance.
4. Prepare estimated monthly cash flow reports.
5. Finalize yearly financial reports for audit submission and approval by the Director.
6. Follow up on outstanding balance sheet items.
7. Liaise with external auditors, tax agents, and bankers regarding credit facilities and banking matters.
8. Regularly check the daily auto backup status of the accounting system.

Project Number & Sales Order Management

1. Issue project numbers and maintain budget control based on customer LOA/Contracts/Purchase Orders, with approval from the director.
2. Create and update customer details and sales orders in the system.
3. Review sales order outstanding reports and verify with project progress.

Billing to Customers

1. Issue Delivery Orders (DO) and ensure they are signed by customers when required.
2. Issue and send invoices and credit notes.
3. Manage monthly billing for progressive claims and rentals.
4. Send statements and liaise with customers on payment schedules.
5. Prepare debtor aging reports with customer payment schedules.

Accounting and Financial Management

1. Update the system with all receipts and customer payments.
2. Enter supplier invoices after verifying quantities and rates; reconcile invoice totals with supplier statements.
3. Inspect expenses before payment processing and submit creditor aging reports for approval.
4. Prepare payment vouchers for approved expenses and maintain supplier bank details.
5. Generate and upload bulk payment files into internet banking for approval.
6. Update auto debit transactions and maintain bank reconciliations.
7. Prepare WIP reports and review quarterly GST reports to ensure compliance with IRAS regulations.
8. Furnish documents required for annual audits and maintain records according to tax laws.

Additional Responsibilities

• Knowledge of Autocount Software is an advantage.
• Perform any other ad hoc duties as assigned.