Financial Accountant

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

Job summary

A leading financial services company in Singapore is looking for a skilled accountant to oversee the month-end closing process, manage accounts payable, and lead external audits. The ideal candidate should have at least 2 years of experience in accounting and proficiency in MYOB. This role involves collaborative work with suppliers and the preparation of various financial reports. Competitive compensation is offered.

Benefits

Competitive salary

Health benefits

Training opportunities

Qualifications

• 2+ years of experience in accounting or finance roles.
• Familiarity with inventory management processes.
• Proficient in financial reporting and analysis.

Responsibilities

• Manage full month-end closing process.
• Oversee accounts payable and purchasing functions.
• Conduct inventory activities and year-end stocktakes.
• Prepare weekly sales and cash flow reports.
• Lead audits and generate tax reports.

Skills

Accounting principles

MYOB software

Financial reporting

Inventory management

Supplier communication

Education

Degree in Accounting or Finance

Tools

MYOB

Job description

1) Responsible for the full spectrum of the month-end closing process:

• Prepare journal entries, bank reconciliations, and update Forex rates
• Calculate sales commissions
• Calculate royalties, including yearly WHT declarations
• Prepare completed monthly reports
• Confirm intercompany billing (AR & AP)
• Load trial balance onto OS template to Onestream
• Prepare AR reports for HQ
• Generate gross margin reports by month, country, and customer analysis

2) Responsible for all purchasing/accounts payable matters, including but not limited to:

• Liaise with suppliers regarding stock, pricing, and lead times
• Check for new or discontinued products with suppliers
• Issue purchase orders to suppliers
• Manage import shipments and direct shipments from overseas suppliers
• Match invoices with delivery orders and purchase orders
• Record invoices into MYOB (trade & non-trade)
• Prepare payments

3) Manage inventory activities, including but not limited to:

• Conduct year-end stocktakes, ensuring physical counts match MYOB records
• Record batching and decanting into MYOB
• Record stock transfers between warehouses
• Check stock availability before processing orders

4) Prepare weekly sales reports

5) Provide monthly cash flow reports to ensure sufficient cash for daily operations

6) Lead external audits and tax processes

7) Generate quarterly GST reports

8) Manage administrative duties:

• Process payments for staff claims (Singapore & Malaysia)
• Pay employee salaries via OCBC accounts (Singapore & Malaysia)
• Liaise on HR-related matters as needed
• Assist sales coordinator with sales-related matters when necessary

9) Responsible for accounts receivable:

• Follow up on outstanding customer AR weekly
• Deposit cheques and cash, update payment receipts in MYOB

10) Handle other ad-hoc projects and generate reports as needed.