Work Location: Tuas Crescent
This is a position in PaxOcean Singapore Finance office, with key responsibilities in AR and revenue recognition to ensure:
- Billings are done promptly and with the correct GST rate being applied
- Accuracy in the revenue recognition of the projects
- Regular review of projects with the team
Tasks and Responsibilities
- Review tax invoices prepared by Commercial to ensure accuracy and correct GST rate being applied
- Prepare miscellaneous tax invoices
- Ensure timeliness in the collection of AR including sending SOA to customers, liaising with commercial to follow up payment, requesting COR in the tax portal, etc
- Assist in reviewing of customer credit limit requests and maintaining customer records in SAP
- Handle daily cash management
- Responsible for monthly import and export GST declaration
- Perform month-end closing activities such as bank reconciliations, revaluation, month-end reports, journals, and audit schedules
- Review the project status to ensure that revenue recognition is accounted for accurately before month end closing.
- Prepare and present monthly project schedules and AR reports
- Coordinate and liaise with external parties like auditors, government authorities when required
- Work with cross-functional teams (i.e., Commercial, Purchasing, IT and HR) to resolve issues if any
- Other ad-hoc tasks and projects assigned such as WHT-related matter, improvements in project review and analysis etc
Job Requirements
- Bachelor's Degree in Finance, Accounting or equivalent
- Minimum 3 years' relevant experience
- Experience in operation finance will be an advantage.
- Prior experience in AR preferred
- Experience in SAP preferred.
- Proficiency in Microsoft Excel & Power Point.
