Accounts Executive
5 days ago
Experienced Accounts Executive / Accountant (Construction / Project Management)
To perform day-to-day accounting and ensure accurate financial reporting for the company's projects. The role supports project cost monitoring and compliance with statutory requirements.
Key Responsibilities
- General Accounting
· Handle full sets of accounts (AR, AP, GL, and bank reconciliation).
· Maintain accurate and up-to-date accounting records in accordance with company policies.
· Prepare monthly, quarterly, and year-end closing reports.
· Work with outsourced accounting team to process journal entries, accruals, and adjustments.
- Accounts Payable (AP)
· Verify supplier invoices, purchase orders, and delivery orders for accuracy.
· Process payments to suppliers, subcontractors, and vendors according to payment terms.
· Monitor retention sums and progress payments related to construction contracts.
- Accounts Receivable (AR)
· Prepare customer invoices and follow up on payments.
· Monitor aging reports and ensure timely collection.
· Handle progress claims and coordinate with project teams for billing accuracy.
- Banking and Cash Management
· Perform bank reconciliations and petty cash management.
- Audit, Taxation & Compliance
· Work together with outsourced accounting team to facilitate annual audit, tax submissions, and government reporting (GST, CPF, IRAS, etc.).
· Ensure compliance with accounting standards and company internal controls.
- Administrative Support
· Maintain proper filing and documentation of accounting records.
· Support ad-hoc duties assigned by management or finance department.
Requirements
· Diploma or Degree in Accounting, Finance, or equivalent qualification.
· Minimum 5 years of accounting experience, preferably in construction or project management industry.
· Knowledge of progress billing, retention, work in progress and project costing will be advantageous.
· Proficient in accounting software Xero.
· Good understanding of Singapore accounting and tax regulations.
· Meticulous, organized, and able to work independently under tight deadlines
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