Finance Executive

Eng Lam Contractors Co (Pte) Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading contractor company in Singapore seeks a Finance Executive to support the finance department with various accounting responsibilities. The role involves managing accounts receivable and payable, payroll processing, and financial record maintenance. Candidates should possess strong data analysis skills and familiarity with double-entry accounting principles. This position offers opportunities for growth within the finance team and requires a proactive approach to accounting tasks.

Qualifications

• Proficiency in accounting principles and practices.
• Familiarity with accounts receivable and accounts payable processes.
• Experience with payroll transactions and month-end closing activities.

Responsibilities

• Support the finance department in accounting responsibilities.
• Maintain accurate financial records and perform month-end closing.
• Compile business documentation for banking processes.

Skills

Data analysis

Double-entry accounting

Payroll processing

Financial reconciliation

Tools

Accounting software

Job description

The Finance Executive reports to the Finance Manager and Director to support the finance department in carrying out the responsibilities of the accounting department. He/She covers duties such as work that is specific to accounts receivable, accounts payable, tax filing, data compilation, billing, payroll or other accounting tasks. He/She works specifically with accruals, fixed assets accounting or the monthly and yearly finalisation of accounts for audit purposes. He/She assists with the preparation of trial balance, basic financial statements and simple consolidated financial statements. He/She may be called on to participate in ad-hoc finance-related projects and systems testing when necessary.

• Assign account codes to all transactions in the accounting system.
• Calculate customer/supplier account balances and reconcile with totals.
• Compile the relevant business documentation used in banking processes.
• Enter accurate and timely data into the accounting system.
• Maintain accurate financial records and statements.
• Perform month-end closing activities.
• Process payroll transactions into the organisations accounting system.
• Record and process all business transactions within the organisations accounting system using principles of double-entry accounting.
• Record transactions and events relating to inventory, accruals, prepayments, capital structure and finance costs.
• Record transactions and events relating to sales, purchases, receivables, payables and cash.
• Retrieve system reports from the accounting system for managements use.
• Use relevant IT systems and tools effectively for data analysis.