Accounts Payable and Bank Reconciliation Accountant

NMG Consulting; Singapore; On-site; SGD 60,000 - 75,000; Full time

Job summary

A global advisory firm is seeking an Accounts Payable & Bank Reconciliation Accountant based in Singapore. The role entails managing supplier invoices, employee expenses, and bank reconciliations using SAP Business One. Candidates should have a degree in Accounting or Finance and 3-5 years of relevant experience. The ideal applicant will have strong attention to detail and ownership of balance sheet accounts, working in a collaborative environment. This position offers a unique insight into financial services at a rapidly expanding firm.

Qualifications

• 3-5 years' experience in accounts payable or accounting operations.
• Strong hands-on experience with SAP Business One.
• Solid experience in bank reconciliations and balance sheet ownership.

Responsibilities

• Process and post supplier invoices in SAP Business One.
• Manage invoice approval workflows and maintain supplier master data.
• Perform full bank reconciliations for multiple entities.

Skills

Attention to detail

Ownership

Team player

Proactive

Systems-savvy

Education

Degree in Accounting or Finance

Tools

SAP Business One

Expensify

Excel

Job description

SUMMARY STATEMENT

The Accounts Payable & Bank Reconciliation Accountant is part of the regional finance hub in Singapore, supporting multiple legal entities across the region. The role has end-to-end responsibility for accounts payable, employee expenses, and bank reconciliations in a service-based environment. The position requires a solid operational accounting background, strong ownership of balance sheet accounts, and hands‑on experience with SAP Business One and Expensify.

KEY RESPONSIBILITIES

Success in this role will see the following achieved:

Accounts Payable (Services Environment)

• Process and post supplier invoices in SAP Business One (non‑PO, services only)
• Ensure accurate coding to GL accounts, cost centres, projects, and entities
• Manage invoice approval workflows and proactively follow up with stakeholders
• Maintain supplier master data in SAP B1 (creation, updates, controls)
• Handle vendor queries and resolve invoice discrepancies independently
• Monitor AP ageing and take ownership of issue resolution

Expense Management

• Review, validate, and post employee expense claims via Expensify
• Ensure compliance with travel & expense policies
• Support employees across the region on expense‑related matters
• Identify recurring issues and contribute to policy and process improvements
• Corporate cards reconciliation

Bank Reconciliations & Cash

• Perform full bank reconciliations in SAP Business One for multiple entities
• Investigate and resolve unreconciled items (bank fees, FX, timing differences)
• Post bank charges, interest, and miscellaneous cash transactions
• Ensure all bank accounts are fully reconciled and reviewed at month‑end
• Contribute to cash visibility and reporting for the regional finance team

Payments

• Prepare and execute supplier and employee payment runs in SAP Business One
• Ensure payments are accurate, timely, and compliant with approval matrices
• Maintain proper segregation of duties and audit trail
• Liaise with banks and internal stakeholders on payment‑related matters

Month-End Close & Controls

• Own AP and bank‑related month‑end close activities
• Ensure proper expense cut‑off and accruals
• Reconcile AP and bank balance sheet accounts with clear explanations
• Support internal and external audits
• Actively contribute to continuous improvement and standardisation initiatives within the hub

Systems & Tools

• SAP Business One (Finance & Banking modules)
• Expensify
• Excel (intermediate: pivots, lookups)

YOUR EXPERIENCE

• Degree in Accounting, Finance, or equivalent
• 3‑5 years' experience in accounts payable / accounting operations
• Strong hands‑on experience with SAP Business One
• Solid experience in bank reconciliations and balance sheet ownership
• Experience in a regional hub or shared services environment
• Exposure to multi‑entity and multi‑currency environments is a plus
• Good understanding of services‑based accounting and indirect taxes

Personal Attributes

• Strong attention to detail and sense of ownership
• Reliable, structured, and deadline‑driven
• Comfortable working with regional stakeholders
• Proactive, systems‑savvy, and improvement‑oriented
• Team player with the confidence to work independently

ABOUT NMG

The NMG Group is a global advisory and intermediary firm focused exclusively on the financial services sector. Established in 1992, NMG has enjoyed rapid expansion internationally and now has over 800 employees in 18 cities worldwide. Our guiding principle is to always 'Find a Better Way'.

At NMG Consulting we focus exclusively on the Insurance, Reinsurance, Wealth Management and Asset Management Industries. Our advisory model uniquely integrates Consulting, Insights and Analytics. Located globally, we are a diverse team of talented and experienced individuals, partnering with industry leaders to provide deep and powerful insights and knowledge.

We are constantly evolving and the range of work that we do rapidly challenges and expands our peoples' knowledge. Our flat, team‑based structures encourage participation from all experience levels – everyone is encouraged to contribute, regardless of their role. We advocate hearing different points of view, collaboration and constructive debate.