Accounts Executive, Finance Operations

Singapore Post; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A major postal service provider in Singapore is seeking an Entry-Level Finance professional responsible for managing high-value international settlements, ensuring compliance with financial procedures, and providing analytical support. Candidates should possess a relevant degree and experience in finance or accounting, with strong Excel skills. This full-time position offers opportunities for process improvement and working within a dynamic finance team.

Qualifications

• Proven experience in a finance or accounting role.
• Strong working knowledge of accounting principles.
• Familiarity with audit requirements and internal controls.

Responsibilities

• Ensure timeliness and accuracy in processing international settlements.
• Manage full cycle for Prime and Direct Entry transactions.
• Maintain and update SOPs for finance processes.

Skills

Financial analysis

Accruals

Attention to detail

Communication

Education

Diploma / Bachelor’s degree in Accounting, Finance, or related field

Tools

Oracle

Microsoft Excel

Job description

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Job Description

Key Responsibilities

• Ensure timeliness and accuracy in processing high-value international settlements.
• End-to-End Process Management
  • Manage the full cycle for Prime and Direct Entry transactions, including:
  • Accrual calculation and posting
  • Invoicing and receipt validation from overseas postal administrations
  • Invoice acceptance, posting into Oracle financial system
  • Settlement of balances with counter parties
  • Accruals & Variance Analysis
  • Perform monthly review of accruals of Prime and Direct Entry to ensure completeness and accuracy.
  • Conduct detailed analysis of variances between accruals and actual acceptance amounts, identifying root causes of over/under-accruals.
  • Provide clear explanations and financial insights to management for decision-making.
• Governance & Compliance
  • Maintain and regularly update Standard Operating Procedures (SOPs) for Prime and Direct Entry processes to ensure alignment with internal controls, audit requirements, and international postal standards.
  • Act as the 2nd-level reviewer for Terminal Dues final accounts, ensuring accuracy and compliance prior to submission.
  • Maintain and update the outstanding binder for EMS to support transparency and audit readiness.
• Process Improvement & Automation
  • Continuously review existing workflows to identify bottlenecks, risks, and opportunities for improvement
  • Collaborate with IT and process transformation teams to drive implementation of improvements.
• Analytical Support
  • Assist the wider team with analysis of Terminal Dues over/under-accruals.
  • Provide financial insights to support negotiations and settlements with overseas postal administrations.

Education/Certifications

• Diploma / Bachelor’s degree in Accounting, Finance, or a related field.

Requirements

• Proven experience in a finance or accounting role, ideally with exposure to full-cycle accounting, high-volume transactions, and international settlements.
• Strong working knowledge of accounting principles, accruals, and financial systems (experience with Oracle is highly advantageous).
• Familiarity with audit requirements, internal controls, and the ability to maintain and update procedural documentation (SOPs).
• Proficiency in Microsoft Excel for analysis and reporting.

Core Competencies

• Possesses a high degree of accuracy and attention to detail required for processing high-value financial data and reviewing final accounts.
• Excellent analytical skills to perform detailed variance analysis, identify root causes, and provide actionable financial insights.
• A drive to continuously review and improve processes and workflows for greater efficiency.
• Good communication and interpersonal skills to work effectively with internal teams and provide support to the wider finance team.

Additional Details

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Transportation, Logistics, Supply Chain and Storage

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