Assistant Accountant

Lotte Duty Free Group; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading retail duty-free company in Singapore is seeking a finance professional to manage accounting transactions and ensure accuracy in receivables. The ideal candidate should have a degree in Accounting and at least 3 years of relevant experience, preferably in retail or audit environments. Meticulousness and analytical skills are crucial for this role.

Qualifications

• More than 3 years’ experience in related AR/AP/GL Accounting functions.
• Preferable experience in Audit or Retail Industry.

Responsibilities

• Act as intermediaries between departments to ensure accuracy and timelines.
• Ensure day-to-day financial transactions are accurate.
• Responsible for AR billing and collections.
• Handle refund processing and payment link creation.
• Maintain schedules and perform analyses.

Skills

Meticulousness

Analytical skills

Attention to detail

Ability to work in a fast-paced environment

Education

Degree in Accounting

Job description

You will act as the intermediaries between other departments within the organisation to ensure the accuracy and monthly accounting closing timeline are observed.

You will be responsible to ensure day to day financial transactions, including verifying, classifying, computing, posting and checking all accounting related entries submitted by stakeholders are accurate in the system.

RECEIVABLE MANAGEMENT (MAIN ROLES)

• POS Sales Posting to System
• Cash, Credit Cards and eWallets Collections & Reconciliation
• Liaise with Local & Foreign Currency Cash Collection Agents

2. AR Non-Retail / Non-Trade, Collection & Reconciliation

• Billing & Rebilling of Non-Retail Income, Rebates, Compensation etc.
• Create Slip for Billing & Rebilling in System
• Follow up on AR collections with Vendors

3. Back-End Collection Creation & Refund Processing

• Creation of Payment Link
• Refund Processing & follow-up with Bank / Payment Platforms

4. Schedules

• AR Aging
• Update Billing, Reconciliation, Collections/Contra and Outstanding Status
• Analysis of Billing & Latest Collections Status by Category for Management
• Monthly Sales Statement reporting
• Vouchers verification and On-line submission

CONTROL

• IFRS 116 Leasing
• Prepayment
• Monthly Spot Check
• Sales Audit Preparation
• IFRS 116 Leasing
• Depreciation Run
• Prepayment
• Monthly Spot Check

Qualifications

• Degree in Accounting
• More than 3 years’ experience in related AR / AP / GL Accounting functions
• Preferable in Audit or Retail Industry
• Meticulous and analytical
• Detail oriented and able to work in a fast paced environment