Assistant Accountant AR

3 months ago


Singapore PAXOCEAN SINGAPORE PTE. LTD. Full time
Roles & Responsibilities

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.

Tell employers what skills you have

Accounts Payable
Microsoft Office
Microsoft Excel
Tax
ACCA
Onshore
Purchasing
SAP
Accounting
Cash Management
SOA
Audit
Able To Work Independently
Revenue Recognition

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