Assistant Accountant

LOTTE TRAVEL RETAIL SINGAPORE PTE. LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A retail company in Singapore is seeking an experienced finance professional. The role involves managing accounts receivable, verifying financial transactions, and ensuring accurate reporting. Candidates should have a degree in Accounting and over 3 years of experience in AR/AP/GL functions. The position offers benefits such as staff discounts and insurance coverage, based in the East with a future relocation to Changi Airport.

Benefits

Staff discounts

Medical Outpatient Insurance

Hospitalisation & Surgical Insurance

Group Dental Insurance

Qualifications

• 3+ years of experience in AR/AP/GL Accounting functions.
• Preferable experience in Audit or Retail Industry.
• Ability to work in a fast-paced environment.

Responsibilities

• Ensure accuracy and monthly accounting closing timelines.
• Verify, classify, and post accounting-related entries.
• Manage AR Retail and Non-Retail collections.

Skills

Accounting functions

Analytical skills

Meticulousness

Detail oriented

Advanced MS Excel

Education

Degree in Accounting

Job description

ROLES & RESPONSIBILITIES

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)

1. AR Retail Sales, Collection & Reconciliation
   • 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 Platform
4. Schedules
   • AR Aging
   • Update Billing, Reconciliation, Collections/Contra and Outstanding Status
   • Analysis of Billing & Latest Collections Status by Category for Management
5. Landlord Sales Submission
   • Monthly Sales Statement reporting
   • Vouchers verification and On-line submission

CONTROL

1. Sales Audit Preparation
2. IFRS 116 Leasing
3. Depreciation Run
4. Prepayment
5. Monthly Spot Check

Note - Working Location is in the East and the office will be re-located to Changi Airport by mid 2026.

Qualifications and Skills

1. Degree in Accounting
2. More than 3 years’ experience in related AR / AP / GL Accounting functions
3. Preferable in Audit or Retail Industry
4. Meticulous and analytical
5. Detail oriented and able to work in a fast paced environment
6. Advance level competency in MS Excel

Employee's Benefits

1. Staff discounts
2. Medcial Outpatient Insurance
3. Hospitalisation & Surgical Insurance
4. Group Dental Insurance