Fixed Assets Accountant
2 weeks ago
We are seeking a skilled and detail-oriented Fixed Assets Accountant to join our team at Recruit Express Pte Ltd.
Job Description:Key Responsibilities:
- Process fixed asset transactions accurately and on a timely basis for month-end and year-end closing, ensuring compliance with Singapore Financial Reporting Standards (FRS) and PHI's Finance policy & procedures.
- Prepare journal entries for deferred income and adjustment entries as necessary.
- Monitor and clear outstanding transactions in Fixed Asset AUC / FA Clearing GL Accounts monthly.
- Prepare monthly PPE/IA/ROU audit schedules, including Asset Addition, Disposal, Lease Asset & Lead Schedules, Deferred Income Reconciliation & Schedules, and other schedules required by auditors during hard close / financial year end.
- Create fixed asset numbers in SAP Fixed Asset Register promptly and accurately to support procurement processing by MMD.
- Vet Fixed Asset purchase requisitions.
- Ensure asset number creation in SAP meets capitalisation criteria.
- Update asset transfers and disposal into SAP Fixed Asset register promptly and accurately.
- Generate and distribute fixed asset listing to institutions' fixed asset custodians / Heads of Department (HOD).
- Follow up on fixed asset sightings; report discrepancies found to Department Manager / HODs and obtain approval for update.
- Prepare FAV summary report to PHI's CFO according to PHI's policy.
- Review all FAV returns, complete follow-up actions, and achieve closure on/before financial year-end, 31 Mar.
Requirements:
- Higher Nitec in Accounting or equivalent qualification.
- Diploma in accounting / Finance or equivalent (e.g. LCCI or CAT).
Estimated Salary: SGD $60,000 - $80,000 per annum, depending on experience and qualifications. We offer a competitive benefits package and opportunities for growth and development.
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