Accounts Executive

1 week ago


Singapore Singapore Post Full time

Overview
End-to-End Process Management role focused on EMS and Direct Entry transactions, accruals, invoicing, settlements, and compliance.
Responsibilities
End-to-End Process Management
Manage the full cycle for EMS and Direct Entry transactions, including:
Accrual calculation and posting
Invoicing and receipt validation from overseas postal administrations
Invoice acceptance, posting into Oracle financial system
Settlement of balances with counterparties
Ensure timeliness and accuracy in processing high-value international settlements.
Accruals & Variance Analysis
Perform monthly review of accruals of EMS and Direct Entry to ensure completeness and accuracy.
Conduct detailed analysis of variances between accruals and actual acceptance amounts, identifying root causes of over/under-accruals.
Provide clear explanations and financial insights to management for decision-making.
Governance & Compliance
Maintain and regularly update Standard Operating Procedures (SOPs) for EMS and Direct Entry processes to ensure alignment with internal controls, audit requirements, and international postal standards.
Act as the 2nd-level reviewer for Terminal Dues final accounts, ensuring accuracy and compliance prior to submission.
Maintain and update the outstanding binder for EMS to support transparency and audit readiness.
Process Improvement & Automation
Continuously review existing workflows to identify bottlenecks, risks, and opportunities for improvement
Collaborate with IT and process transformation teams to drive implementation of improvements.
Analytical Support
Assist the wider team with analysis of Terminal Dues over/under-accruals.
Provide financial insights to support negotiations and settlements with overseas postal administrations.
Requirements
Diploma or degree in Accounting, Finance, Business, or a related field
1–2 years of experience in finance, accounting, or operations
Basic understanding of accruals and financial processes
Proficient in Microsoft Excel; exposure to ERP systems (e.g., Oracle) is a plus
Detail-oriented with strong organizational skills
Willingness to learn, take initiative, and support process improvements
Good communication skills and ability to work with cross-functional teams
Additional Details
Seniority level: Entry level
Employment type: Full-time
Job function: Sales and Business Development
Industries: Transportation, Logistics, Supply Chain and Storage
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