Accounts & Compliance Executive
Job Summary
Prepare and manage comprehensive accounting functions, financial analyses, and compliance activities to support accurate reporting, risk mitigation, and strategic business decisions.
Responsibilities
- Prepare and post accounting entries including accounts payable, accounts receivable, general ledger journals, accruals, prepayments, and bank reconciliations to maintain accurate financial records.
- Maintain accounting records ensuring all financial transactions comply with company policies and accounting standards.
- Execute month-end and year-end closing activities by preparing schedules and supporting documents to ensure timely financial reporting.
- Review budgets, forecasts, cost estimates, and financial analyses from project teams for key projects and tender submissions; conduct variance analysis and report significant deviations, risks, and financial impacts to management.
- Ensure compliance with tax regulations and support tax filings such as GST for input and output tax.
- Coordinate internal and external audit processes by preparing audit schedules, supporting documentation, and resolving audit queries within stipulated timelines.
- Implement and enhance accounting processes, systems, and internal controls to improve operational efficiency and accuracy.
- Collaborate with cross-functional teams to support financial planning and enable informed business decisions.
- Conduct detailed financial analyses to inform pricing strategies, contract structuring, and risk assessment.
- Develop and manage contract management processes to mitigate risks and optimize financial performance.
- Liaise with legal counsel on contractual and compliance matters to ensure alignment with regulations.
- Stay updated on industry trends, regulatory changes, and best practices in financial reporting and compliance.
Preferred competencies and qualifications
- Diploma or Degree in Accountancy, Finance, or related field.
- Professional qualifications such as ACCA, CA, or CPA are advantageous.
- 5 to 8 years of full-set accounting experience.
- Proficiency in accounting software (e.g., Xero) and spreadsheet tools (e.g., Microsoft Excel).
- Knowledge of accounting principles, Singapore Financial Reporting Standards (SFRS), GST regulations, and corporate compliance requirements.
- Ability to interpret financial statements, identify discrepancies, and recommend corrective actions.
- Strong analytical, organizational, and problem-solving skills.
- High attention to detail and accuracy in financial matters.
- Ability to manage multiple priorities and meet deadlines in a dynamic environment.
- Strong interpersonal and written communication skills.
- Demonstrated leadership abilities with capacity to work independently and collaboratively.