Accounts Manager

Bethesda Kindercare; Singapore; On-site; SGD 45,000 - 70,000; Full time

Job summary

A local childcare and church organization in Singapore seeks a passionate individual to manage financial operations. Responsibilities include reconciling general ledger accounts, monitoring bank balances, and assisting with audits. Ideal candidates will have experience in budgeting and financial reporting. Join a supportive community focused on positively impacting lives.

Qualifications

• Experience in general ledger reconciliation and account updates.
• Familiarity with bank monitoring and financial reporting.
• Ability to assist in audit processes and financial document preparation.

Responsibilities

• Reconcile GL accounts and provide monthly updates.
• Monitor bank balances and manage operational accounts.
• Compile income and expenses for budgeting.
• Liaise with auditors and assist during audits.
• Maintain records of fixed assets and monitor their status.
• Prepare data for annual financial presentations.
• Perform student finance reconciliation and monitor subsidies.
• Handle GST accounting for the childcare center.
• Book transactions and manage adjustments in the accounting system.
• Track inventory movements and verify reports.

Skills

GL reconciliation

Bank monitoring

Budget planning

Audit coordination

Fixed asset management

Data preparation

GST accounting

Inventory management

Job description

We are seeking a passionate individual who wishes to serve in a church community alongside like-minded people to impact lives positively! The role is in the Bethesda (Frankel Estate) Church [BFEC], which also has a childcare facility, Bethesda Kindercare [BKC].

General Ledger Monitoring

• reconcile GL accounts when required
• update transactions monthly for accurate AP & AR

Banking

• monitor bank balances and propose a necessary top-up to the operational bank account
• monitor the expiry and renewal of Fixed Deposit accounts, recognise and record the interest earned from FDs

Budgeting

• compile GL details of actual income & expenses vs existing year budget in the worksheets for following year budget planning

Accounts Audit

• liaise and arrange audit schedule
• provide all documents or information needed by auditor
• assist auditor during the audit process until the issuance of audited reports

Fixed Assets

• monitor the fixed assets purchased, maintain records and disposal

Review and Reconcile All Accounts

• Profit & Loss accounts, Balance Sheet accounts for end-period closing
• Prepare the consolidated accounts of both Church and childcare
• Input & record adjustment journals into accounting system

Data Preparation

• prepare data for analysis by Treasurer for presentation of audited financial reports at Church Annual General Meeting or Council Meetings

Student Finance Reconciliation

• Carry out bank reconciliation and generate receipts to students
• Monitor and reconcile GSII – Government Subsidy for students
• Review and reconcile Profit & Loss accounts, Balance Sheet accounts
• Keep track of inter-entity transactions & reimbursements

GST Accounting

• GST accounting for BKC as a GST Registered Entity

Book Payment, Receipt & Adjusting Journal Transactions

• Book payment, receipt & adjusting journal transactions into accounting system

Inventory

• keep track of inventory movement through payments made to suppliers and verify the monthly inventory report submitted by the inventory clerk.