Account Executive

1 week ago


North Region, Singapore Kong Hwee Iron Works & Construction Pte Ltd Full time $90,000 - $120,000 per year

Career Highlight:

  • Remuneration commensurate with experience
  • Career Progression
  • Personal growth

Key Responsibilities:

  • Full-Set Accounting: Manage the full set of accounting activities, including general ledger, project-based accounting, month-end closing, and financial statement preparation.
  • Project Accounting: Monitor and manage financial aspects of construction projects, including job costing, budgeting, and forecasting. Track project expenses, revenue recognition, and work-in-progress (WIP) reporting.
  • Accounts Payable & Receivable: Oversee and process accounts payable and receivable, ensuring accurate and timely invoicing, payment collection, and vendor management specific to construction and structural steel projects.
  • Bank Reconciliation: Perform regular bank reconciliations and ensure accurate recording of all financial transactions related to project financing and construction payments.
  • Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements, including profit and loss statements, balance sheets, and cash flow statements, with a focus on construction-specific metrics.
  • Payroll Processing: Handle payroll processing, including salary calculations, deductions, and statutory contributions, with specific attention to site-based staff and project-specific payroll requirements.
  • Cost Control & Budgeting: Assist in the preparation and monitoring of project budgets, cost control measures, and variance analysis to ensure projects remain on budget and within financial guidelines.
  • Tax Compliance: Ensure timely and accurate filing of statutory returns (e.g., GST) and manage construction-specific tax issues such as withholding tax and contract tax obligations.
  • Internal Controls: Implement and maintain internal control procedures to safeguard company assets and ensure financial accuracy, particularly in relation to large-scale construction projects and inventory management.
  • Audit Support: Coordinate and provide necessary documentation for internal and external audits, particularly those related to construction contracts and project financing.
  • Fixed Assets Management: Track and manage the company's fixed assets, including depreciation calculations, asset capitalization, and disposals, particularly within the context of construction equipment and steel inventories.
  • Vendor & Subcontractor Management: Maintain strong relationships with vendors and subcontractors, ensuring timely payments and accurate accounting of contract-related expenses.
  • Ad-Hoc Reporting & Analysis: Prepare ad-hoc financial reports and perform analyses as required by management, with a focus on project profitability and financial performance within the construction and structural steel sectors.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Professional accounting qualification (e.g., ACCA, CPA) is preferred.
  • Minimum 3 years of accounting experience in the construction and/or structural steel industry.
  • Strong knowledge of construction accounting principles, project cost management, and industry-specific financial reporting.
  • Experience with construction-specific accounting software (e.g., ERP Synergix)
  • In-depth understanding of tax regulations and compliance requirements specific to the construction industry.
  • Excellent analytical skills with strong attention to detail.
  • Strong organizational and time-management skills, with the ability to manage multiple projects and deadlines.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments and with external partners.
  • High level of integrity and professionalism.
  • Ability to start immediately or short notice.
  • Only Singaporeans / Local

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