Assitant Accountant

LIE YANG CONSTRUCTION PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading construction firm in Singapore seeks an experienced Accountant to ensure accurate financial reporting and compliance with accounting standards. The successful candidate will manage day-to-day accounting operations, oversee a team, and provide financial insights to management. This role requires strong analytical skills, attention to detail, and the ability to effectively communicate with various stakeholders.

Qualifications

• Experience in managing financial operations is preferred.
• Knowledge of accounting principles and tax regulations.
• Ability to train and supervise staff effectively.

Responsibilities

• Oversee all accounting operations and ensure timely financial reporting.
• Review general ledgers and monthly balance sheets.
• Assist in budget preparation and monitor expenses.

Skills

Supervision

Financial Reporting

Accounting Principles

Problem Solving

Education

Degree in Accounting or Finance

Job description

· To ensure that all monthly, quarterly and yearly financial reports, budgets, operating forecasts and other information required by UEL are accurately complied and submitted within specified time limits, identifying variances and drafting variance explanation to the management discussion.

· To ensure hotels’ general ledgers are maintained, reflecting the current financial status and profit & loss position of the hotels, in an orderly and professional manner.

· TO ensure all postings to the hotel’s general ledgers supported by properly authorized and documented journal vouchers.

· To review all balance sheet schedules, bank reconciliation statements and control accounts reconciliation of each month end closing after updated by the Accounts Assistant latest on every 20th of the following month.

· To co-ordinate all accounting sections, making enquiries about the nature of transactions and system of control, cross checking and journalizing monthly transaction summaries for posting.

· To set guideline and deadlines for each accounting staff under his supervision in order to ensure timely financial reporting.

· To assist Accountant to prepare yearly operating and capex budgets. To provide operating and capex budgeting reports and monitor them.

· To provide accurate financial and economic data resource to the management.

· Manage the everyday and every month’s accounting operation and back office function;

· Supervise the efficiency of the finance department

· Ensure adherence to rules and regulations of Standard Accounting Practices.

· To ensure that an organized up-to-date filing system is maintained for all pertinent financial records, including limitation of access, confidentiality and other preventive measures.

· To supervise accounting staff under his supervision on the correct standards and procedures and to assist them in handling their work challenges.

· To assist to modify the hotel finance regulation.

· Make every chance to give the advice such as improving the GOP, hotel service and cost reduction

· To assist to improve the efficiency of the Finance Department

· Establish procedures to review the accounting system and internal control regularly

· Oversees the capital expense and strengthen the budget management

· Manage the cash flow

· Solve the personal problems of the Finance Department

· Train the new staff

· To ensure that hotel’s assets/durables are properly maintained and recorded in both the fixed asset register and the general ledger.

· To verify computation of deprecation and disposal of fixed assets/durables.

· To prepare annual profit and loss and balance sheet for audit purpose and collect all information available for audit discussing with auditors in respect of any adjustments and answer any queries raised by them.

· To ensure all tax returns like quarterly GST return, yearly F1 Cess return, etc, are prepared and checked on time for Accountant’s verification and submission to authorities.

· To assist in completing statistical questionnaires or surveys from government or other authorized bodies

· To assist Accountant in computing tax computation for each property by providing details expenses analysis.

· To draft and work with external auditor on the audit financial statement.

· To carry out any other duties and responsibilities as assigned.