Senior Accounts Executive, Asia

Location Singapore
Contact name: Karthik Balakrishnan

Contact email: karthikb@caliber8.sg
Job ref: 760

Senior Accounts Executive, Asia


Our client is a leading US MNC in the consumer health/goods industry with its regional HQ for APAC based in Singapore.

 

Essential Duties and Responsibilities

Accounts Payable

  • Match purchase orders to invoices and enter invoices into accounting system
  • Charge expenses to accounts and cost centers by analyzing invoice/expense reports and recording entries
  • Prepare and process electronic transfers and payments to vendors and employees
  • Maintain accounting ledgers by verifying and posting account transactions
  • Verify vendor accounts by reconciling monthly statements, monitor accounts to ensure payments are up to date, research and resolve invoice discrepancies and issues.
  • Maintaining vendor’s file, correspond with vendors and respond to inquiries
  • Prepare GST filing
  • Provide accurate and effective document preparation and records management relative to the AP function in accordance with records retention policies and procedures
Accounts Receivable
  • Maintain customer master data accounts in accounting system
  • Carry out Credit review check and analysis to grant credit term/limit to new/existing customers
  • Debt collection and all related work.
  • Maintain accounts receivables records to ensure aging is up to date, credits and collection are applied, uncollectible amounts are accounted for, and miscellaneous differences are cleared
  • Perform daily cash management duties, including the recording of bank details, update of cash receipts and recording entry in accounting system.
  • Month-end close activities and all other work related to accounts receivable function

Prepare financial statements and supporting schedules of the company and its subsidiaries

  • Facilitate and complete monthly close procedures of the company and its subsidiaries.
  • Prepare monthly account reconciliations.
  • Assist with analyzing financial statements monthly and report on variances.
  • Updating and analysis of the monthly expenditure schedules to identify accrual and prepayments to be included in the monthly management accounts.

Maintain all capital expenditure accounts and reconciliations

  • Responsible for company and its subsidiaries’ capital expenditure accuracy and reconciliations.
  • Prepare monthly capital expenditure schedule which include additions and disposal.
  • Co-ordinate and in-charge of the annual physical stock count

Daily banking and cashflow management

  • Manual and system reconciliations of all main bank accounts for all entities. Assess, monitor, plan and manage the efficient utilization of cash in a manner consistent with the objectives of the Company.
  • Understand, manage, and supervise all aspects of cash flow.
  • Forecast monthly cash requirements.

Maintain all inventory accounts and reconciliations

  • Responsible for company and its subsidiaries’ inventory accuracy and reconciliations.
  • Prepare monthly/quarterly inventory reserve schedule.
  • Co-ordinate and in-charge of the annual physical stock count

Financial Planning & Analysis

  • Consolidate actual sales results with forecast monthly
  • Prepare and send out sales/opex updates to commercial leaders and dept heads monthly
  • Prepare and send out sales/opex forecast templates to commercial leaders and dept heads quarterly

Other

  • Perform other special accounting related assignments and tasks as assigned.

 

Knowledge, skills, and ability required for position:

  • Bachelor’s degree in Accounting or ACCA with a minimum of 5 years working experience in a MNC environment.
  • High proficiency in ERP system usage (SAP, Concur) and competent Excel skills preferred.
  • A hands-on person with a keen eye for details and team player
  • Self-driven, capable of multi-tasking, and able to work independently and effectively to meet deadlines
  • Must be able to interact and communicate effectively with staff at all levels within the organization.
  • Be able to work under pressure and deliver accuracy
  • Possesses strong problem-solving skill and able to think out of the box
  • Bi-lingual in both English and Mandarin
  • Familiarity with US GAAP and sound knowledge of local tax policies and practices would be a plus