Account Executive

R3 Engineering Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in the construction industry is seeking an experienced accountant to manage all accounting operations. The successful candidate will be responsible for budgeting, cash flow forecasting, and compliance with governmental regulations. This role requires strong proficiency in accounting software and a minimum of 2 years of relevant experience.

Qualifications

• Minimum of 2 years of accounting experience, preferably in the construction industry.
• Meticulous and capable of working in a fast-paced environment.
• Strong understanding of banking facilities and services.

Responsibilities

• Responsible for all accounting operations including budgeting and cash flow forecasting.
• Prepare period-end financial statements and manage accounts receivable.
• Conduct regular audits and ensure compliance with relevant authorities.

Skills

Attention to detail

Organizational skills

Proficiency in accounting software

Good relationship management

Education

Degree or Diploma in Accounting

LCCI or ACCA

Tools

QuickBooks

Job description

JOB DESCRIPTION:

· Responsible for all accounting operations including budgeting, cash flow forecasting, internal controls, monitoring, and preservation of company assets.

· Assist the Director in implementing accounting practices and procedures.

· Notify the Director of any anticipated problems to enable proactive measures.

· Ensure compliance with all governmental laws, policies, and regulations, and adhere to company policies and procedures.

· Maintain bank accounts, reconcile monthly, and submit reconciliation reports for approval. Monitor cash flow and update the Director regularly.

· Enhance knowledge of accounting software relevant to the construction industry.

· Conduct regular audits to verify transactions.

· Track company assets and liabilities; maintain files on loans, vehicles, and properties.

· Prepare period-end financial statements by the 14th of each month.

· Prepare documents for annual audits and liaise with auditors and company secretaries to provide necessary information.

· Review insurance coverages periodically to ensure cost-effectiveness.

· Ensure compliance with IRAS, CPF, MOM (FWL), and other relevant authorities.

· Maintain proper, organized, and current records of all financial reports and files.

· Handle processing, reviewing, tracking, and posting to the general ledger for all projects.

· Communicate with lenders regarding financial requirements for projects.

· Prepare monthly financial reports, including Accounts Receivable, Accounts Payable, Project Cost, Work in Progress, and General Ledger postings.

· Calculate and invoice general contracting fees.

· Manage accounts receivable and understand construction billing and collection processes.

· Reconcile vendor statements and customer payments.

· Verify bills and purchase orders with project engineers and managers.

· Track purchases and expenses diligently.

· Perform monthly bank reconciliations and manage all payments and financial transactions.

· Monitor industry changes and innovations that could impact operations or client expectations.

JOB SPECIFICATION:

· Degree or Diploma in Accounting or equivalent (LCCI or ACCA).

· Minimum of 2 years of accounting experience, preferably in the construction industry.

· Meticulous, organized, and capable of working in a fast-paced environment to meet tight deadlines.

· Ability to maintain good relationships with lending institutions such as banks.

· Strong proficiency in accounting software, especially QuickBooks.

· Good understanding of banking facilities and services.