Accounts Executive (Construction)

TLE Pte Ltd; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A construction firm based in Singapore is seeking an experienced Accounts Executive to manage financial reporting and cater to project accounting needs. The ideal candidate has at least 5 years of experience in accounting, particularly in construction or project management. Responsibilities include handling accounts payable and receivable, banking tasks, and ensuring compliance with Singapore's accounting regulations. This position requires proficiency in Xero and attention to detail.

Qualifications

• Minimum 5 years of accounting experience, preferably in construction or project management.
• Good understanding of Singapore accounting and tax regulations.
• Meticulous and organized with ability to work under tight deadlines.

Responsibilities

• Handle full sets of accounts including AR, AP, and GL.
• Verify and process supplier invoices and payments.
• Prepare customer invoices and follow up on payments.
• Perform bank reconciliations and manage petty cash.
• Facilitate annual audits and tax submissions.
• Maintain proper filing of accounting records.

Skills

Attention to detail

Independent work

Knowledge of project costing

Proficiency in Xero

Education

Diploma or Degree in Accounting or Finance

Tools

Xero

Job description

Experienced Accounts Executive / Accountant (Construction / Project Management)

To perform day-to-day accounting and ensure accurate financial reporting for the company’s projects. The role supports 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.
• Work with outsourced accounting team to 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. Banking and Cash Management

• Perform bank reconciliations and petty cash management.

5. Audit, Taxation & Compliance

• Work together with outsourced accounting team to facilitate annual audit, tax submissions, and government reporting (GST, CPF, IRAS, etc.).
• Ensure compliance with accounting standards and company internal controls.

6. 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 5 years of accounting experience, preferably in construction or project management industry.
• Knowledge of progress billing, retention, work in progress and project costing will be advantageous.
• Proficient in accounting software Xero.
• Good understanding of Singapore accounting and tax regulations.
• Meticulous, organized, and able to work independently under tight deadlines.