Position Overview
We are seeking a detail-oriented, proactive, and meticulous Accounting Associate to join our finance team. In this role, you will manage day-to-day corporate financial transactions, assist with month-end closing, maintain general ledgers, perform GST compliance, and support internal management reporting.
Key Responsibilities
1. Financial Operations & Bookkeeping
- Accounts Payable (AP) & Receivables (AR): Process daily incoming invoices, staff expenses, supplier payments, and client billing/receipts accurately in cloud accounting platforms (Xero/QuickBooks).
- Bank Reconciliation: Perform regular bank and credit card statement reconciliations and resolve discrepancies promptly.
- General Ledger Maintenance: Maintain general ledger accounts, prepare journal entries, and maintain fixed asset schedules including depreciation calculations.
2. Financial Reporting & Closing
- Period-End Closing: Assist in month-end, quarter-end, and year-end financial closing activities to ensure financial records are accurate and complete.
- Financial Statements: Prepare monthly trial balances, profit and loss statements, balance sheets, and cash flow schedules in accordance with Singapore Financial Reporting Standards (SFRS).
- Management Reports: Prepare internal schedules, operational cost tracking, and variance reports for executive review.
3. Tax Compliance & Statutory Filings
- GST Returns: Assist in compiling transaction records, preparing quarterly GST returns (F5), and supporting reconciliation for IRAS submissions.
- Corporate Tax Support: Collate financial schedules and supporting documentation for year-end corporate tax computations (Form C-S / Form C) and Estimated Chargeable Income (ECI) filings.
- Audit Preparation: Maintain neat audit trails, assemble supporting schedules, and assist internal or statutory auditors during audit reviews.
4. Administrative & Internal Controls
- Organize and archive accounting documents, client billings, agreements, and tax receipts systematically.
- Adhere strictly to corporate compliance guidelines, internal financial controls, and client communication protocols.
- Execute additional ad-hoc finance tasks and operational support as assigned by management.
Qualification & Requirements
- Education: Diploma or Bachelor’s Degree in Accountancy, Finance, or equivalent professional qualification (e.g., ACCA foundation / ISCA student member).
- Experience: 1 year of hands-on bookkeeping, general ledger, or financial accounting experience.
- Technical Skills:
- Proficient in cloud accounting software (e.g., Xero, QuickBooks, MYOB).
- Advanced proficiency in Microsoft Excel (VLOOKUP, Pivot Tables, financial functions).
- Sound understanding of Singapore Financial Reporting Standards (SFRS), GST rules, and basic corporate taxation framework.
- Soft Skills:
- High level of integrity, meticulousness, and strong attention to detail.
- Good written and verbal English communication skills for formal internal correspondence.
- Ability to prioritize tasks effectively under tight deadlines and work independently.
Pay: $2,200.00 - $3,900.00 per month
Work Location: In person