Assistant Executive, Fixed Assets (1FSS)

1FSS Pte Ltd; Singapore; On-site; SGD 30,000 - 60,000; Full time

Job summary

Join a forward-thinking company as part of the Finance Shared Services team, where you will manage fixed asset transactions and ensure compliance with financial standards. This role involves processing acquisitions, disposals, and depreciation in SAP, while preparing journal entries and audit schedules. You will collaborate with various users to conduct physical asset counts and address fixed asset inquiries. Ideal candidates will have a diploma in accountancy or equivalent, with proficiency in Microsoft Excel and SAP, and a keen eye for detail. If you're meticulous and thrive under pressure, this opportunity is perfect for you.

Qualifications

• Diploma in Accountancy or equivalent; or Higher Nitecin Accounting.
• Minimum 1 year of experience in Fixed Assets or Accounting preferred.

Responsibilities

• Process fixed asset transactions in SAP and perform monthly depreciation runs.
• Prepare journal entries monthly and monitor open items in GL Accounts.

Skills

Microsoft Excel

SAP

Accounting Principles

Communication Skills

Interpersonal Skills

Education

Diploma in Accountancy

Higher Nitecin Accounting

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.