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Regional Accounting Executive

1 week ago

Singapore The GMP Group Full time

Job Summary

We are seeking an experienced accounting professional to record and classify financial transactions, manage accounts payable and receivable, perform bank reconciliation, assist in financial statement preparation, maintain inventory records, review employee expense reports, and support tax compliance.

  • Main Responsibilities
  • Record and Classify Financial Transactions: Accurately record daily financial transactions into the accounting system, classifying and coding them in accordance with company policies and relevant accounting standards.
  • Accounts Payable and Receivable Management: Handle accounts payable processes, verify invoices, match them with purchase orders and receiving reports, schedule payments for timely settlement, and maintain good relationships with suppliers. For accounts receivable, issue invoices promptly, monitor collections, and follow up on overdue payments to optimize cash flow.
  • Bank Reconciliation: Regularly reconcile the company's bank accounts with accounting records, identify discrepancies, investigate causes, and ensure all transactions are accurately recorded and accounted for. Prepare bank reconciliation statements and take necessary actions to resolve issues.
  • Assist in Financial Statement Preparation: Provide data and support to the senior accounting team in preparing monthly, quarterly, and annual financial statements. This includes gathering information, calculating basic ratios, and ensuring the integrity and accuracy of the financial reporting process.
  • Inventory Accounting: Assist in valuing and accounting for inventory, monitoring levels, participating in physical counts, recording adjustments or write-downs as required, and ensuring inventory records are up-to-date and compliant with company policies.
  • Expense Reporting and Control: Review and process employee expense reports, ensuring compliance with company policies and proper documentation, analyze trends, and provide reports to management to control costs and identify areas for potential savings.
  • Tax Compliance Support: Gather and organize financial data for tax filings, assist in preparing tax returns, and ensure accurate submission. Stay updated on local tax regulations and changes affecting the company's tax obligations.
  • Maintain Accounting Files and Records: Keep accounting files and records organized and easily accessible, store financial documents properly, both physically and electronically, according to company record retention policies.

Requirements

  • Education: Degree in accounting, finance, or a related field is preferred.
  • Knowledge: Basic understanding of accounting principles and practices.
  • Skills: Proficiency in using accounting software and Microsoft Excel for data entry, analysis, and reporting. Strong numerical and analytical skills, attention to detail, and accuracy. Good organizational and time management skills to handle multiple tasks and meet deadlines.
  • Experience: More than 3 years of practical accounting experience, preferably in the logistics industry.
  • Language Skills: Fluency in the local language and English. Good written and verbal communication skills in both languages for effective collaboration with colleagues, clients, and external parties.
  • Personal Attributes: High level of integrity and ethical standards for handling financial information. Ability to work independently and in a team environment. Willingness to learn and adapt to new accounting regulations and company procedures. Problem-solving skills to address routine accounting issues and discrepancies.