Assistant Executive, Fixed Assets (1FSS)

1FSS Pte Ltd; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading finance company seeks a dedicated finance professional to join their Finance Shared Services team. The role encompasses processing fixed asset transactions, ensuring compliance with financial standards, and managing asset registrations. Ideal candidates will possess relevant accounting qualifications and demonstrate strong Excel skills, with a commitment to delivering excellent service and working effectively in a team environment.

Qualifications

• Minimum 1 year experience in Fixed Assets or Accounting preferred.
• Customer service oriented with a good teamwork spirit.
• Meticulous and able to work under pressure.

Responsibilities

• Process fixed asset transactions and perform monthly SAP depreciation.
• Prepare journal entries and monitor GL accounts monthly.
• Generate fixed assets listing for yearly physical count.

Skills

Communication

Interpersonal Skills

Attention to Detail

Microsoft Excel

Education

Diploma in Accountancy or equivalent

Higher Nitec in Accounting or equivalent

GCE ‘A’ level

GCE ‘O’ level

Tools

SAP

Navision

Job description

The incumbent shall be part of the Finance Shared Services (FSS) team responsible for the following:

Job Responsibilities:

• Process fixed asset transactions, such as assets acquisition, disposal, write off and transfers in SAP and to perform monthly SAP depreciation run.
• Provide accounting entries in Capex Purchase Requisitions ensuring compliance with Singapore Financial Reporting Standards (FRS) and institution’s Finance Policy & Procedures.
• Prepare journal entries monthly, such as accrual, deferred income recognition and adjustment entries.
• Monitor open items in Asset Under Construction (AUC) / FA Clearing GL Accounts monthly and perform asset capitalization upon project completion.
• Prepare monthly Property, Plant & Equipment (PPE), Intangible Assets (IA), Right-of-Use (ROU) audit schedules.
• Update SAP Fixed Asset register
• Generate and distribute fixed assets listing to Institution’s users to conduct physical assets count on a yearly basis.
• Liaise with users on fixed assets matters.
• Other ad-hoc duties as assigned.

Job Requirements:

• Diploma in Accountancy or equivalent; or
• Higher Nitecin Accountingor equivalent; or
• GCE ‘A’ level with 5 years’ experience in Accounts Payable/ Accounting; or
• GCE ‘O’ level with 7 years’ experience in Accounts Payable/ Accounting
• Minimum 1 year of experience in Fixed Assets or Accounting is preferred; Candidates without experience are welcome to apply
• Proficient in Microsoft Excel; SAP / Navision experience would be an advantage
• Possess good communication and interpersonal skills
• Meticulous, able to work under pressure and within tight deadlines
• Customer service orientated with good team work spirit.