Executive, Finance
7 months ago
Company :
Vantage Automotive LimitedFinance Executive – Accounting
Job Purpose
To be responsible for the financial accounting of companies under the Motors Singapore Group Co-ordinate with shared services centre relating to accounting operations including day-to-day finance operations so as to keep proper accounting records and meet reporting requirements on time.Job Content
Financial accountingPrepare monthly closing journalPrepare / Review monthly accounts reconciliations and schedulesControl chart of a/c, review consistency, control a/c creation and archiveAssist FM in annual insurance policy renewal reviewAudit review support (External and GCAD review)Ensure compliance to accounting standardsAnnual Statutory Accounts, XBRLAssist with monthly consolidation (where applicable) Accounts Payable / Accounts ReceivablesAssist in review of sales ledger and purchase ledger reconciliationReview monthly inter-co billing and ensure consistent accounting treatmentAssist in review of debtors aging reports and vendors statement reconciliationPrepare commissions for payroll submissionPrepare payroll journalsPrepare payments to vendors, applications for Banker’s Guarantees GST and taxAssist in the review of GST submission workings and GST reconciliation testAssist to prepare tax & deferred tax computation for accounting provisionAssist to prepare corporate tax computations for review by HO and tax consultants Fixed Assets and CapexPrepare capex and maintain capex records for new / replacement of fixed assetsMaintain asset registerPrepare costing for demo registration Cashflow and banking mattersMonitor daily cashflow requirements and updating daily reportsLiaison with financial institutions for all banking relating activities. i.e., opening & closing of bank accounts, updating of bank signatories etc. (where applicable)Assist with funding matters including preparing of bank letters for drawdown, repayments, rolloverAttending to banks queries Provide advice, guidelines and instructions to shared services centre and operations on day-to-day accounting matters Value add to the business and work with other departments to streamline and standardise processJob Requirement
Qualifications - Diploma holder in Accounting & Finance with 3-4 years of working experience or Degree holder in Accounting & Finance with 1-2 years of working experience Good Excel skills Able to work in fast-paced environment-
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