- Bukit Panjang, West Region
- Inventory & Fixed Assets (Accounting)
Fixed Asset function
- Process fixed transactions posting relating to asset acquisition, depreciation and asset movement, prepare journal entries and any adjustment deem necessary, compliance with Singapore Financial Reporting Standards (FRS) and company’s policy & procedures.
- Monitor and clear outstanding transactions in Fixed Asset CIP GL Accounts monthly.
- Prepare monthly PPE/IA/ROU audit schedules
- Asset Addition, Disposal, Lease Asset & Lead Schedules
- Deferred Income Reconciliation & Schedules
- Other schedules required by auditors during hard close / financial year end
Fixed Asset Acquisition
- Create fixed asset master record in Navision and post vendor invoice for asset purchased.
- Tally vendor invoice / delivery to Fixed Asset purchase order.
- Vet Fixed Asset purchase requisitions.
- Ensure asset number is created in accordance to fixed asset capitalisation policy.
- Ensure timely and proper capitalisation of fixed asset acquired.
- Update asset transfers and disposal promptly and accurately
Fixed Asset Verification (FAV) exercise
- Generate and distribute fixed asset listing to company’s fixed asset custodians / HOD
- Follow up to ensure that fixed asset custodian has completed the fixed asset sighting, report discrepancies and get approval to update fixed asset register.
- Prepare and send FAV summary report to company’s Head of Finance in accordance with the policy.
- Review all FAV returns and complete all follow-up actions and achieve closure on/before financial year end, 31 Mar
Others
- Proper filing of all required documents
- Liaise with internal / external stakeholders on Fixed Asset related matters with professionalism
- Review work processes / participate in business process improvements, obtained feedback to improve efficiency and to strengthen internal control procedures
- Any ad-hoc duties as assigned
JOB REQUIREMENTS
- Degree in Accountancy or equivalent
- Minimum 2-3 year of experience in Assets accounting, Accounts Payable or Accounting is preferred. Those with lesser experience will also be considered
- Experience in Navision is an advantage
- Proficient in Microsoft Office especially in MS Excel
- High integrity, meticulous and proactive
- Independent, self-driven with the ability to multi-task to meet tight deadlines
- Strong interpersonal, communication and analytical skills
- Customer service oriented with good service attributes and team spirit to achieve win-win outcome
