Accounts Executive
2 days ago
XCL World Academy welcomes applications from dedicated, caring, enthusiastic, and highly qualified professionals who are excited by the prospect of working within a dynamic international community.
We are looking for an extremely dedicated team of teachers and administrative staff who are highly motivated and engaged in supporting the development of our students. Our staff is committed to our mission, which is to provide outstanding learning opportunities through an environment of mutual respect, transparency and engagement.
Teaching at XCL World Academy
A career with XCL World Academy offers all the opportunities associated with a dynamic, forward-thinking organisation, including international prospects, professional development, career progression and the chance to work with some of the foremost educational professionals from around the world.
XCL World Academy is a part of XCL Education's network of award-winning international schools serving thousands of students across South East Asia.
We are a truly international school with a cohort representing over 60 nationalities. We provide an outstanding international education consisting of four International Baccalaureate (IB) programmes united by the IB's philosophy and approaches to teaching and learning. We are looking for committed, passionate and highly-qualified IB practitioners with an energising attitude, focused on delivering an engaging learning experience for all our students.
New Opportunities
View what roles XCL World Academy are recruiting for and where your next career move could be. Please note that incomplete applications will not be reviewed. Due to the high volume of applications that we are receiving, only the shortlisted candidates will be contacted.
We are committed to safeguarding and promoting the welfare of children and young people. All appointments are subject to Safer Recruitment processes such as interviews, employment reference checks, and background checks done in countries candidates have resided in.
Important note: XCL World Academy does not require candidates to make any form of payment during the recruitment process. Should you have any doubts about the authenticity of an email, letter or telephone communication purportedly from, for, or on behalf of XCL World Academy, please email us at
Accounts Executive
XCL World Academy is seeking to recruit a professional Senior/Accounts Executive. This position will support the accounts department and maintain accurate records and reconciliation of all accounts to ensure compliance with internal and external audit processes. Bookkeeping for XCL World Academy (Singapore) and with specific focus on:
Main Responsibilities- Ensure invoicing is on time and accurate for all the fees of the school as per invoicing timeline and student contract.
- Issue receipts for fees collected via cash/bank transfer/cheque and to deposit the fees collected.
- Bank reconciliation on a weekly basis.
- Managing of student management, late joiners, posting of concession, charging of other fee charges and maintaining master file for student invoices.
- Analyse revenue and costing for other incomes for each month end and reviewing concession posting.
- Knowledge of FRS 115 revenue recognition and ensuring our income recognition is harmonised with the standards.
- Analyse month end revenue entries identifying any discrepancies.
- Reconciliation of student numbers with class student list on a weekly basis and updating of student concession.
- Assist in compliance with CPE Requirements in consultation with Registrar department for fee refund and other information.
- Monitor and collect receivables by contacting parents/company via telephone, email, and mail.
- Maintain accounts receivable records to ensure aging is up to date, credits and collections are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared.
- Identifying fees outstanding before they become overdue and suggesting any corrective action before it becomes default in payment.
- Identifying the progress made on collections, recording information on sequence of events from first contact to latest outreach or up to date records.
Monthly/Yearly Responsibilities- Process overseas/local suppliers' vendor bills/payment and prepare journal entries for accurals and other adjustment.
- Preparation and submission of monthly XCL HQ Reports.
- Preparation and maintenance of schedule for P&L and Balance sheet GL account as part of month-end process.
- Assist with GL month-end closing journals and ensure accuracy.
- Preparation of GST file.
- Support in corporate tax and withholding tax filing.
- Assisting in internal and statutory year end audits.
- Initiate effort and energy beyond the typical workday, where the tasks require additional commitment.
- Support line manager in year-end budget and other ad-hoc activities.
- Perform other duties as requested by direct & dotted reporting line managers / supervisors.
- Help in implementing / improving any process and procedures.
- Diploma / bachelor's degree in Finance related field is required.
- Technical skills as required for data entry and to participate in weekly meetings.
- Understanding Latest Changes in Financial Reporting Standards FRS 115 and Singapore Tax Rules and implication for company.
- Late sitting whenever required to complete Time Sensitive task.
- Proficient in using Microsoft Excel with a specific focus on pivot, Vlook up & Sum and, experience with formatting summary reports, Phoenix Microsoft Dynamics, and Oracle NetSuite. (Experience with NetSuite Accounting software would be an advantage).
- Prior experience in using ISAMS, Managebac & Open Apply would be an advantage.
- Excellent communication skills in English (verbal and written).
- Strong character and integrity with the ability to work independently as well as in team, time management, attention to detail.
- Positive mindset and excellent interpersonal and communication skills to liaise with other departments on a regular basis.
ApplicationInterested applicants, please send your detailed resume and 2 reference details directly to the Human Resources Team at
Kindly indicate the subject of email as: Accounts Executive
About UsXCL World Academy is an international school in Singapore for students aged 2 to 18, fully committed to the academic, emotional and social development of its students. We are immensely proud to be the first and only international school in Singapore authorized to offer all four International Baccalaureate (IB) programmes.
We aspire to recruit employees that share and understand our commitment to empowering an international community of happy learners who aspire to positively impact others.We are committed to safeguarding and promoting the welfare of children and young people. All appointments are subject to Safer Recruitment processes such as interviews, employment reference checks, identity and criminal record checks.
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