Associate – Group Finance, Accounts & Tax

KuMo; Singapore; Vor Ort; SGD 42.000 - 60.000; Vollzeit

Zusammenfassung

KuMo in Singapore is seeking an accounts payable professional to ensure accurate and timely payments to vendors and staff.

You will review invoices, code and match entries, process payments via EFT or remittance, and maintain orderly records.

The role emphasizes compliance, cash management, and collaboration with procurement and finance to resolve discrepancies, with 3–5 years' experience preferred.

Qualifikationen

• Understanding of basic accounting principles and how to accurately process invoices and payments.
• Knowledge of invoice processing, including coding, matching, and verification against PO/receipts.
• Awareness of taxes and their impact on accounts payable, including GST and withholding tax.
• Familiarity with accounting software and data entry.
• Ability to use office productivity tools for reporting and analysis.

Aufgaben

• Review and verify invoices and proposals for accuracy and completeness.
• Process payments to vendors and staff via electronic transfers or remittance.
• Record and track expenses with proper coding to accounts.
• Maintain organised records of financial transactions related to accounts payable.
• Reconcile payments with invoices, resolve discrepancies.
• Ensure compliance with company policies and accounting standards.
• Monitor cash position and assist with bank reconciliations.
• Collaborate with procurement and finance to resolve payment issues.
• Identify process improvements to streamline accounts payable.

Kenntnisse

Attention to Detail

Analytical Skills

Time Management

Communication

Problem-solving

Teamwork

Ausbildung

Diploma in Finance/Accounting or Business Studies

Tools

Microsoft Excel

Jobbeschreibung

Job Purpose:

To ensure that the company's financial obligations to its vendors and employees are met accurately and on time.

Duties & Responsibilities:

• Invoice Processing: Review and verify invoices and proposals for accuracy and completeness.
• Payment Processing: Paying and processing payments to vendor/staff. This may involve methods such as electronic funds transfers, foreign remittance, etc.
• Expense Tracking: Record and track expenses, ensuring proper allocation and coding to the appropriate accounts.
• Record Keeping: Maintain organised and accurate records of all financial transactions related to accounts payable.
• Payment Reconciliation: Reconcile payments and accounts to ensure they match invoices and proposals, resolving discrepancies as necessary.
• Compliance: Ensure compliance with company policies and procedures and relevant accounting standards and regulations, such as withholding tax submission.
• Cash Management: Monitor and manage the organization's cash position to ensure that the organization has the necessary liquidity to meet financial obligations and cash flow projections.
• Bank Reconciliation: Reconcile bank statements with internal financial records to ensure consistency and accuracy.
• Communication: Collaborate with other departments, such as procurement and finance, to address issues related to payments and invoices.
• Streamline Processes: Continuously identify opportunities to improve efficiency in the accounts payable process.
• Auditing: Assist with audits by providing necessary documentation and explanations related to accounts payable.

Additional Tasks & Responsibilities:

• Accounts payables is to cover accounts receivable in the absence of team member
• Other adhoc duties/projects

Knowledge and Skills Requirements:

Knowledge Requirements

• Accounting Principles: A good understanding of basic accounting principles to accurately process financial transactions and invoices.
• Invoice Processing: Knowledge of invoice processing procedures, including coding, matching, and verifying invoices against purchase orders and receipts.
• Tax Knowledge: Awareness of various taxes and their impact on accounts payable processes, including GST and withholding tax.
• Compliance: Awareness of relevant financial and accounting regulations and internal company policies and procedures.
• Technology: Familiarity with office productivity software (e.g., Microsoft Excel, Word) and accounting software for data entry and analysis.

Skills Requirements

• Attention to Detail: Meticulousness, the ability to notice and rectify errors in invoices, proposals and payment records is essential to prevent financial discrepancies.
• Analytical Skills: Capability to analyze and reconcile financial data, identify discrepancies, and resolve issues effectively.
• Time Management: Effective time management skills to meet payment deadlines and maintain workflow efficiency.
• Communication: Good communication skills are essential for interacting with vendors ,colleagues, and other departments.
• Problem-solving: Ability to identify and address issues related to accounts payable, including invoice discrepancies and payment problems.
• Teamwork: Collaboration with other team members and departments is often necessary to resolve issues and improve processes.

Credentials and Experience:

• Whilst a degree isn’t mandatory, it would be beneficial. Min. diploma in Finance, Business Studies or Accounting.
• Possess 3 to 5 years of relevant experience.
• Team player with strong organizational and communication skills, meticulous and able to meet tight deadlines.