Assistant Accountant (Retail/ FMCG) - $4500

RECRUIT EXPRESS PTE LTD; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading recruitment agency in Singapore is looking for an Accounts Receivable Specialist to manage financial transactions and support compliance. The role involves daily sales postings, billing for non-retail income, and preparation of cash reconciliation reports. Candidates should hold a minimum of a degree in accountancy and have at least 3 years of experience in the retail or FMCG industry. This position demands attention to detail and the ability to handle financial reporting accurately.

Qualifications

• Minimum 3 years experience in the Retail or FMCG industry.
• Experience in accounting controls and compliance.
• Ability to prepare management reports related to accounts receivable.

Responsibilities

• Post daily POS retail sales into the accounting system.
• Prepare billing and maintain records for non-retail income.
• Generate payment links for collections and process refunds.
• Prepare and maintain Accounts Receivable ageing schedules.
• Conduct spot checks for compliance and accuracy.

Skills

Accounts Receivable Management

Cash Reconciliation

Billing and Invoicing

Financial Reporting

Attention to Detail

Education

Min Degree in Accountancy

Job description

Key Responsibilities

Accounts Receivable & Collections

• Post daily POS retail sales into the accounting system
• Perform reconciliation of cash, credit card, and e-wallet collections
• Liaise with local and foreign currency cash collection agents to ensure timely settlement

Non-Retail / Non-Trade Receivables

• Prepare billing and rebilling for non-retail income, including rebates, claims, and compensation
• Create billing slips and maintain accurate system records
• Follow up with vendors and counterparties on outstanding receivables

Backend Collections & Refunds

• Generate payment links for collections
• Process refunds and coordinate with banks and payment service providers

Reporting & Schedules

• Prepare and maintain Accounts Receivable ageing schedules
• Update billing, reconciliation, collections/contra, and outstanding balances
• Analyse billing and collection status by category and prepare management reports

Landlord Sales Reporting

• Prepare and submit monthly sales statements to landlords
• Verify vouchers and perform online sales submissions in accordance with lease requirements

Accounting Controls & Compliance

• Assist with sales audit preparation and documentation
• Support IFRS 16 lease accounting processes
• Perform depreciation runs and manage prepayment schedules
• Conduct monthly spot checks to ensure accuracy and compliance

Requirements

• Min Degree in Accountancy
• 3 years experience from Retail/ FMCG industry