Key Responsibilities:
- Migration of Data from current to Xero accounting software, including UAT and parallel runs for 3 months
- Review and improve upon the current Chart of Accounts (COA) including deletion of obsolete COA and new COA to suit future business needs and easier referencing
- Integration of Xero with new Thrift and Loan System
- Work with vendor and IT Department to automate the production of Board of Directors’ and Management Reports
- Implementation of ApprovalMax for integration with Xero
- Prepare workflow and standard operating procedures after implementation of Xero & ApprovalMax
- Reconcile bank statements, invoices, and other financial documents.
- Prepare accurate and timely financial reports, including balance sheets, income statements, and cash flow statements.
- Familiarise with the preparation for Goods and Services Tax on partial exemption.
- Assist Reporting Officer with overall and departmental budgeting, forecasting, and financial analysis.
- Collaborate with colleagues to resolve financial issues and optimise processes.
- Stay informed about changes and updates to Xero accounting software and best practices.
Requirements:
- Bachelor’s degree in accounting, finance, or a related field.
- High proficiency in XERO accounting software and MS Excel.
- Minimum 3 years relevant accounting experience
- Strong understanding of accounting principles and practices.
- Excellent attention to detail and accuracy.
- Effective communication and interpersonal skills.
- Ability to work independently, a team player and able to meet deadlines.
- Experience in setting up the full suite of Xero in SGD, including budget of each department.
- Ability to provide coaching to team members to use Xero, if required.
- Experience in migrating data from current system to Xero and transform/improve current Chart of Accounts for Xero.
- Familiarity with GST regulations, preferably in partial exemption and compliance requirements.
- Commitment to professionalism, integrity, and stakeholders’satisfaction.
- Experience in working with operational system and Xero.
