Accounts Payable

BARTEC PTE LTD; Singapore; On-site; SGD 40,000 - 55,000; Full time

Job summary

A financial services firm in Singapore is seeking an Accounts Payable Specialist to manage recording payables, payment transactions, and month-end reporting. The ideal candidate will have at least 3 years of relevant experience and a diploma in Accounting. Proficiency in SAP and strong communication skills are necessary to ensure accuracy in financial processes and compliance with internal standards in a timely manner.

Qualifications

• Minimum diploma in Accounting or related field.
• 3 years of related experience in a similar role.
• Excellent Business English and communication skills.

Responsibilities

• Collect documents to match DO, invoice, and PO.
• Complete posting in SAP with all information.
• Prepare payments and check GST permits.

Skills

Attention to detail

Excellent Business English

Communication skills

Education

Diploma in Accounting or related field

Tools

SAP Accounting Software

Microsoft Excel

Job description

Job Responsibilities:

Recording Payables (local & overseas)

• Collect relevant documents from purchasing department and warehouse in a timely manner to match DO, invoice received and PO
• Complete posting in SAP once all supporting information has been obtained
• Follow up on any issues / pending transactions and manage resolution of these
• Match payable amount to revenue to ensure payables are posted in the correct manner (to P&L or B/S – with support from accounting manager)
• Process stock adjustments (after sign off by Accounting Manager)
• Update SAP and cash flow for any internal or external payments made

Payment Transactions

• Prepare payments, cheque & TT, and debit notes (IC invoices) for internal and external payments
• Check GST permits/giro deductions
• Keep track of payments with deadlines and alert the Accounting Manager in a timely manner
• Collect and check employee expense claims and tally credit card invoice with company expenses to ensure completeness and compliance of submissions before review by FD

Month-end Closing and Reporting Requirements

• Check and clear received/non booked invoice (Last week of the month)
• Clear cheque payments from system (Last day of the month)
• Prepare aging report on AP month end (3rd of the month)
• Check and tally all intercompany payables balances for Group reporting (3rd of the month)

Job Requirements:

• Minimum diploma in Accounting or related field
• 3 years of related experience in a similar role
• Excellent Business English and communication skills
• Attention to detail and ability to work in an organized, independent manner and deliver requested outputs in expected quality and timeframes
• Possess thorough, up-to-date knowledge of accounting principles and processes relating to A/P and cash
• Experienced user of SAP Accounting Software and Microsoft Excel