AR & AP Specialist — School Finance & Reconciliation

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

Job summary

A leading financial services organization in Singapore is seeking a skilled accountant to manage both Accounts Payable and Accounts Receivable functions. This role is essential for ensuring accurate financial processes and contributing to organizational efficiency. Candidates should have a Diploma/Degree in Accountancy and at least 3 years of relevant experience. The position offers a dynamic work environment and opportunities for professional development.

Benefits

Comprehensive benefits package

Professional development opportunities

Dynamic work environment

Qualifications

• 3 years of experience in accounting or related business.
• Familiarity with basic accounting principles and managing high volumes of data.

Responsibilities

• Process and issue invoices for school fees, ensuring accuracy and timeliness.
• Collect and deposit fees, and perform weekly bank reconciliations.
• Analyze revenue and costs, and review concession postings.
• Ensure compliance with FRS 115 revenue recognition standards.
• Review and post month-end revenue entries, addressing any discrepancies.
• Reconcile student numbers with class lists and admissions records.
• Monitor and follow up on payments from parents and companies.
• Maintain AR records, ensuring aging is up to date and discrepancies are resolved.
• Prepare monthly financial reports and schedules.
• Support ad hoc activities such as GST filing, audits, budgeting, and process improvements.

Skills

Strong communication skills

Interpersonal skills

Time management

Attention to detail

Education

Diploma/Degree in Accountancy

Job description

A leading financial services organization in Singapore is seeking a skilled accountant to manage both Accounts Payable and Accounts Receivable functions. This role is essential for ensuring accurate financial processes and contributing to organizational efficiency. Candidates should have a Diploma/Degree in Accountancy and at least 3 years of relevant experience. The position offers a dynamic work environment and opportunities for professional development.