Accounts Payable Executive - Educational Sector
6 months contract may be renewable or convertible to permanent
Salary: $5000 max
5 days work week
8am - 5pm
Location: Yishun
Job Scope:
● Handles a full set of accounts (Independent contributor), including month - end and year - end closing.
● Performs daily Account Payable function to ensure transactions are maintained in an effective, up to date and accurate manner.
● Process overseas and local suppliers’ payment, preparation of journal entries for accruals and other adjustments. maintain and reconcile data in AP subledger to GL.
● Evaluate and improve AP and GL process and timely review of Open PO’s.
● Assist and support in compliance and advisory matters relating to Corporate Tax, Goods, Services Tax, Grants, Personal tax, Withholding tax, Certificate of Residency, and other relevant areas of taxation.
● Ensure compliance with the mandated insurance for fees collected in advance under the Fee Protection scheme.
● Preparation of monthly and year-end schedules as per Financial Statements, Bank Reconciliation and Petty Cash.
● Participate in month end meetings with other departments for closing accrual of expenses and books of accounts are up to date.
● Reviewing Vendor/Customer Creation Template and seeking approval for the same.
● Assist in Internal and Statutory Audit during the year end, and any other special projects, etc.
● Assist in Preparation of Annual Budget and support Manager in Other function.
● Supporting Other members of team during peak period and assisting in their absence.
● Ensure collection of admissions fee and tuition fees according to the standards and guidelines of CPE.
● Ensures the receipts issued by Finance timely are tallied with the information on the respective student contract.
● Work with Head of School to check the consistency of adherence to the FPS Implementation Process, whether approved corrective actions have been acted on, followed up and closed, and the extent to which the objectives and desired outcomes of the FPS Implementation.
● Process have been achieved, and the evidence documents and records to support this assessment.
● Ensure compliance with all FPS requirements and prepare weekly FPS report for Finance Team to reconcile the purchase of FPS in each period with the number of receipts.
● Other ad hoc duties as assigned within the department.
● Perform any other ad hoc projects as required.
