Finance Intern

8M REAL ESTATE PRIVATE LIMITED; Singapore; On-site; SGD 20,000 - 27,000; Full time

Job summary

8M REAL ESTATE PRIVATE LIMITED is seeking a final-year accounting student to assist in daily finance tasks in Singapore. The role involves bank reconciliations, journal entries, and closing support, with exposure to Yardi PMS for AR/AP activities.

You will contribute to data integrity, assist in system migration, and help present financial analyses to management, while maintaining well-organised records and compliance with standards.

Qualifications

• Final year students pursuing a Bachelor’s Degree in Accountancy, Finance or equivalent.
• Fastidious and proactive, ability to follow up with time-sensitive matters.
• Clear and concise communication skills (to express accurate information internally, and appropriate information to external parties).
• Team player, with a positive personality.
• Good verbal and written business communication.
• Organised and able to multi-task with an eye for detail.

Responsibilities

• Perform monthly bank reconciliation and assist in monthly closing activities including journal entries and accruals.
• Assist in finance system migration and data validation, and reconcile data across systems.
• Support management with basic financial analysis and data summarisation, and maintain proper filing of records.
• Manage monthly billing and invoicing and oversee AR processes in Yardi PMS, including tenant collections and reconciliations.
• Record vendor invoices in Yardi PMS, verify approvals, and process payments in online banking.

Skills

Attention to detail

Proactiveness

Communication

Team player

Multitasking

Verbal & written

Education

Bachelor's degree in Accountancy/Finance

Tools

Yardi PMS

Job description

Main Duties & Responsibilities

General Ledger and Financial Reporting

• Perform monthly bank reconciliation
• Assist in monthly and quarterly closing activities, including journal entries and accruals
• Prepare accounting schedules and balance sheet reconciliations
• Assist in data entry and proper maintenance of accounting records in financial system

System and Process Support

• Assist in finance system migration activities, including data extraction, migration and validation
• Support reconciliation of financial data between legacy reports and new system outputs
• Assist in identifying and resolving data inconsistencies across finance systems

Ad-hoc Duties

• Support basic financial analysis and reporting for management, including variance analysis and data summarisation
• Assist in maintaining proper filing and documentation of finance-related records
• Assist in preparation of bank form for bank accounts opening

Accounts Receivable (AR)

• Manage monthly billing and invoicing for the assigned portfolio of entities using Yardi Property Management System (Yardi PMS).
• Administer direct debit arrangements and ensure timely tenant collections.
• Monitor daily incoming receipts and perform accurate tenant account reconciliations.
• Maintain accurate, complete, and up-to-date AR records within Yardi PMS.
• Liaise with external auditors on billing and AR-related queries.

Accounts Payable (AP)

• Ensure accurate and timely recording of vendor invoices into Yardi PMS for assigned entities.
• Review invoices for proper approval in accordance with the Authority Matrix.
• Apply correct expense recognition in line with accounting standards and tax requirements.
• Prepare vendor payment runs and obtain required authorisations via online banking platforms.
• Reconcile vendor statements and resolve discrepancies or outstanding balances.
• Maintain accurate and complete AP records in Yardi PMS.
• Liaise with auditors on expenses and AP-related queries.

Job Requirements

• Final year students pursuing a Bachelor’s Degree in Accountancy, Finance or equivalent.
• Fastidious and proactive, ability to follow up with time-sensitive matters.
• Clear and concise communication skills (to express accurate information internally, and appropriate information to external parties).
• Team player, with a positive personality.
• Good verbaland written business communication.
• Organised and able to multi-task with an eye for detail.