About the role
The role is within the finance function which covers Order to Cash, Purchase to Pay, GST, withholding tax, support management and MAS reporting.
We are a growing organisation with lean staff strength, hence the scope of activities to be performed by the role will be relatively broad. We are looking for an intelligent self-starter, who has experience in handling invoicing & receivable, vendor bills & payment operation, GST and financial reporting, willing and capable of learning all aspect of business finance.
The job entails working closely within the finance team as well as in close collaboration with business teams.
Responsiblities
Purchase to Pay
- Processes accounts payable invoice matching and verifying with purchase orders, delivery Order/goods receipts.
- Ensure accounts payable invoice and expenses claims are accurate, properly coded and approved by relevant cost center Manager.
- Generates electronics (online) payments to vendors, ensure cheques are authorized and in line with Corporate Policy and processes.
- New Vendor registration to ERP, correspond with vendors and respond to inquiries, reconciling Supplier Statement
- Clear and reconcile unallocated payments in ERP systems
- Ensures completeness of balance sheet schedule every month include reconciliation of payments, prepare analysis of accounts, monitor accounts to ensure payments are up to date.
- Research and resolve invoice
- Prepare journal voucher, ensure timely closing of Expense and Account Payable accounts
- Perform bank reconciliation and recording of transactions from bank activities.
Order to Cash
- Perform Abaxx’s invoicing and reconciliation activities to ensure timely invoicing and collection from clearing members.
- Provide timely updates of collection status and escalation of unresolved issues to business stakeholders for timely follow up and intervention,
- Prepare journal voucher, ensure timely closing of Revenue and Account Receivable accounts,
- Perform bank reconciliation and recording of transactions from bank activities.
Monthly, Quarterly and Year-end Reporting
- Support GST accounting, preparation of quarterly GST declaration for approval and submission for all Singapore entities
- Support withholding tax payments activities, preparation of annual compliance declaration for approval and submission for all Singapore entities
- Responsible for bank confirmation activities in support of annual financial audits
- Support various reporting/compliance activities: management, shareholder(s), MAS
Digital Transformation
- Support the enterprise effort in digital transformation with focus on optimizing internal control and reporting activities
Participate in projects and various management initiatives
Requirements
- Professional accounting qualifications such as ACCA, accounting degree, accounting diploma
- 3 to 5 years of relevant working experience in Finance operation. Experienced in an exchange, commodity house or financial institution will be an advantage
- Knowledge of accounting principles and internal control
- Ability to manage multiple priorities and work well under time pressure
- Good verbal and written communication skills, able to communicate effectively with people at all levels
- Meticulous, conscientious, hands-on
- Able to work independently with minimal supervision
- Oracle NetSuite system experience is an advantage
- Proficiency in MS Office especially Microsoft Excel. Additional proficiency in Microsoft Words, PowerPoint, flow-charting, work-flow documentation will be an advantage
