Finance Executive, Accounts Payable

SBS Transit Limited; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading transit service provider in Singapore is looking for an Accounts Payable professional with at least 3 years of experience. The ideal candidate must ensure compliance in financial policies, reconcile accounts, and manage the month-end closing process efficiently. Proficiency in SAP and Excel is essential to maintain accuracy amidst high transaction volumes. This role demands strong analytical skills and the ability to meet tight deadlines, providing a vital support function within the finance team.

Qualifications

• Minimum 3 years of relevant experience.
• Able to meet tight deadlines.
• Experience with SAP System and Excel.

Responsibilities

• Verify outgoing payments comply with financial policies.
• Reconcile accounts payable ledger for bills and payments.
• Generate detailed reports including payment forecasts.
• Assist in internal and external audit queries.
• Carry out month-end closing processes.

Skills

High volume transaction management

Data accuracy in SAP

Proficiency in Excel

Good analytical skills

Sense of responsibility

Education

Degree in Accountancy or equivalent

Tools

SAP System

Job description

Responsibilities

• To verify that the outgoing payments comply with financial policies and procedures.
• Reconcile the accounts payable ledger to ensure all bills and payments are accounted for and correctly posted.
• Verify and investigate any discrepancies by reconciling vendor accounts and monthly vendor statements.
• Generate detailed reports, including accounts payable status, aging reports, and payment forecasts.
• To verify and approve the Supplier onboarding form and Compass invoices.
• Carry out the month-end closing process, including reconciling accounts, adjusting discrepancies.
• Any other duties the superior assigns from time to time.
• Attend to internal and external auditors’ requests, queries, follow-up actions, etc.
• Assist new ERP finance AP data migration, i.e., data cleaning, and contribute to the creation of test cases, particularly those focusing on penny testing scenarios, to ensure comprehensive coverage.

Requirements

• Able to work with a high volume of transactions and maintain a high level of accuracy in entering the data in SAP System
• Minimum 3 years of relevant experience
• Minimum degree in Accountancy or equivalent
• Proficient in Excel with hands-on experience using SAP System
• Able to meet tight deadlines
• Good analytical skill
• Possess good sense of responsibility