Finance Executive

Thye Hua Kwan Moral Charities Limited; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A leading charity organization in Singapore is seeking a Finance Executive to manage day-to-day financial operations. The ideal candidate will have 3-5 years of experience in finance, strong knowledge of Singapore GST, and be proficient in using Dynamics 365 and Excel. You will be responsible for financial reporting, budget planning, and compliance with regulatory agencies. The role requires excellent analytical and problem-solving skills, as well as strong communication abilities.

Qualifications

• Minimum 3-5 years of proven working experience.
• Sound knowledge of Singapore GST and Financial Reporting Standards.
• Ability to multi-task and meet tight deadlines.
• High degree of accuracy with keen attention to details.
• Pro-active and self-driven individual.
• Strong communication and interpersonal skills.
• IT savvy with hands-on experience using Dynamics 365.
• Intermediate Excel skills needed.

Responsibilities

• Assist in handling day-to-day operations of the Finance Department.
• Check and raise Purchase Requisitions and payments.
• Prepare and maintain monthly accounts schedules.
• Conduct month end/year end closing activities.
• Maintain accurate billing and accounting receivables entries.
• Assist in budget planning and expense controls.

Skills

Attention to detail

Analytical skills

Interpersonal skills

Problem-solving

Time management

Education

Diploma/Bachelor Degree with Major in Accountancy

Tools

Dynamics 365 Business Central

Excel

Job description

Overview

THKMC was incorporated on 13 October 2011 as a charity to provide multiple social and welfare services to the community at large, and achieved an Institute of Public Character (IPC) status on 18 November 2011. THKMC is the charitable arm of Thye Hua Kwan Moral Society, which lives by the mission - To Serve Mankind - to help anyone who needs help regardless of their race, religion, colour, language, creed and culture. THKMC today serves more than 70,000 beneficiaries through more than 70 programmes across five Services, which include Disability, Early Intervention for Children, Family, Seniors\' Community, and Therapy.

DESIGNATION: Finance Executive

RESPONSIBILITIES

• This position reports to the division\'s Senior Finance Executive / Finance Manager and assists in the Home\'s finances. He/she will assist in handling day to day operations of the Finance Department of the assigned Centre(s)/Home(s).
• Check and/or raise Purchase Requisitions, weekly payments, monthly staff claims and vendor payments and ensure they are processed timely.
• Preparing/maintaining/reviewing monthly accounts schedules.
• Month end / year end closing activities including journal entries. Perform monthly reconciliations including bank reconciliations and analysis.
• Maintain accurate billing & accounting receivables entries. Ensure collections of outstanding fees from clients. Process customer\'s refunds (if any).
• Prepare and update Fixed Asset Register with proper documentation such as invoices and align with FA and Depreciation Schedules including Accretion of Capital Grant amortization (if any).
• Assist in the Budget planning and expense controls.
• Support and submit all accounting required accounting receipts, records to HQ Finance and Internal and External Auditors when required as part of compliance controls
• Assist in recording of inventories for Donations-in-kind entries and tally with entries in 365 BC.
• Reconciliation of posted transactions between bank statement and general ledger.
• Prepare reconciliation of Balance Sheet, Donations-in-kind (DIK), funding\'s, accounts receivables/payables and GST Input/Output/Absorption to general ledger.
• Prepare various records / schedules for submission to regulatory agencies such as Ministry of Social and Family (MSF), National Council of Social Services (NCSS), SG Enable and any government ministries or agencies.
• Maintain annual insurance schedules with vital information of dates of renewal.
• Participate in finance projects, if any.

REQUIREMENTS

• Minimum 3-5 years of proven working experience
• Sound knowledge of Singapore GST and Financial Reporting Standards (e.g. FRS 116)
• Hands-on with a "can-do" attitude. Ability to multi-task, set priorities and committed towards meeting tight deadlines
• High degree of accuracy with a keen eye for details
• Pro-active, self-driven and possesses strong analytical and problem-solving skills
• Independent as well as a team player with strong communication and interpersonal skills
• IT savvy and hands-on experience in using Dynamics 365 Business Central
• Intermediate Excel skills (e.g. VLOOKUP, Pivot Table)
• Available within short notice is advantageous

QUALIFICATIONS

• Diploma/ Bachelor Degree with Major in Accountancy

OTHER INFORMATION

• Work Location: Eunos (opposite Eunos station)