Accounts Executive (Construction)

TLE Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A company in the construction sector seeks an experienced Accounts Executive / Accountant in Singapore. The role involves managing full sets of accounts, verifying invoices, preparing financial reports, and ensuring compliance with local regulations. The ideal candidate will have over 5 years of accounting experience, preferably in construction, and proficiency in Xero software. Strong attention to detail and independence are essential for this position.

Qualifications

• Minimum 5 years of accounting experience, preferably in construction or project management.
• Knowledge of progress billing and project costing is advantageous.
• Good understanding of Singapore accounting and tax regulations.

Responsibilities

• Handle full sets of accounts including AR, AP, GL, and bank reconciliation.
• Verify supplier invoices and process payments.
• Prepare customer invoices and follow up on payments.
• Perform bank reconciliations and manage petty cash.
• Facilitate annual audit and ensure compliance with accounting standards.

Skills

Accounting Software Xero

Attention to Detail

Organizational Skills

Independence

Education

Diploma or Degree in Accounting or Finance

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.