AP & AR Executive, Finance -2 years contract

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

Job summary

A leading financial services company based in Singapore is seeking a skilled professional to manage Accounts Payable and Accounts Receivable operations. The ideal candidate should have a diploma in Accountancy and at least 3 years of relevant experience, with strong skills in Microsoft Excel and familiarity with SAP B1. Responsibilities include processing invoices, handling customer payments, and ensuring effective month-end closures. Positive attitude and the ability to work under pressure are essential.

Qualifications

• At least 3 years of relevant experience.
• Experience in system implementation required.

Responsibilities

• Process vendor invoices and payments in a timely and accurate manner.
• Maintain daily cash book and improve existing payment processes.
• Close AP and AR related month-end closing and reconciliation.
• Liaise with customers to resolve billing and payment issues.
• Assist in any ad-hoc duties as assigned.

Skills

Good communication skills

Strong computer literacy

Meticulous

Analytical

Ability to work under pressure

Education

Diploma in Accountancy or equivalent

Tools

Microsoft Office (Excel)

SAP B1

Job description

This role is responsible for managing Accounts Payable and Accounts Receivable functions, and ensuring the following:

• Process vendor invoices and payments posting in our accounting system.
• Assist Accountant to perform month-end closing and GST submission.
• Assist with year-end reporting, set up new financial year templates and checking of annual reports
• Ensure timely execution of billing activities in the billing system, meeting all deadlines with accuracy.

Responsibilities

Accounts Payable activities

• To process invoices and payments posting in a timely and accurate manner.
• To perform vendor reconciliations and follow up with unreconciled transactions.
• To maintain daily cash book and improve existing payment process to generate a healthy level of working capital.
• Housekeeping of AP/GL records in softcopies formats, managing AP common email.
• Liaise with Vendors on payment issues and maintaining a good relationship.

Accounts Receivable activities

• Issuance of invoices in accordance to billing requests.
• Process and apply customer payments through multiple payment methods.
• Reconcile bank receipts with online transactions and investigate discrepancies.
• Handle customer refunds as needed.
• Monitor aging reports and follow up on overdue accounts to ensure timely collection.
• Liaise with customers to resolve billing and payment issues.

Closing activities

• Close AP and AR related month-end closing and reconciliation.
• Prepare and post journal entries.
• Prepare all relevant monthly supporting schedules.
• To assist with proof-read and to perform casting check for NBN Trust Annual report.
• To assist in casting check for financial statements/SGX templates and monthly reporting templates.
• Be part of the solution implementation which involves system testing, data verification, assessing the solution logic, conduct parallel system run etc.

Others

• Maintains an efficient working relationship with stakeholders from other departments in regard to AP/AR matters and resolve discrepancies / enquiries.
• Comply with internal controls and accounting procedures to safeguard company assets and maintain accurate financial records.
• Contribute and support business process improvement initiatives.
• To assist in any ad-hoc duties as assigned.

Requirements

• Diploma in Accountancy or equivalent professional qualification.
• At least 3 years of relevant experience and good communication skills.
• Experience in system implementation
• Strong computer literacy, proficiency in Microsoft Office in Excel and experience in SAP B1 is an added advantage.
• Must have a positive attitude, able to communicate clearly, meticulous, analytical and able to work under pressure.

Interested applicants are requested to write in with detailed resume indicating current and expected salary and availability.

We regret only shortlisted candidates will be notified.