SUMMARY STATEMENT

The Accounts Payable & Bank Reconciliation Accountant is part of the regional finance hub in Singapore, supporting multiple legal entities across the region. The role has end-to-end responsibility for accounts payable, employee expenses, and bank reconciliations in a service-based environment. The position requires a solid operational accounting background, strong ownership of balance sheet accounts, and hands-on experience with SAP Business One and Expensify.

KEY RESPONSIBILITIES

Success in this role will see the following achieved:

Accounts Payable (Services Environment)

Process and post supplier invoices in SAP Business One (non-PO, services only)
Ensure accurate coding to GL accounts, cost centres, projects, and entities
Manage invoice approval workflows and proactively follow up with stakeholders
Maintain supplier master data in SAP B1 (creation, updates, controls)
Handle vendor queries and resolve invoice discrepancies independently
Monitor AP aging and take ownership of issue resolution

Expense Management

Review, validate, and post employee expense claims via Expensify
Ensure compliance with travel & expense policies
Support employees across the region on expense-related matters
Identify recurring issues and contribute to policy and process improvements
Corporate cards reconciliation

Bank Reconciliations & Cash

Perform full bank reconciliations in SAP Business One for multiple entities
Investigate and resolve unreconciled items (bank fees, FX, timing differences)
Post bank charges, interest, and miscellaneous cash transactions
Ensure all bank accounts are fully reconciled and reviewed at month-end
Contribute to cash visibility and reporting for the regional finance team

Payments

Prepare and execute supplier and employee payment runs in SAP Business One
Ensure payments are accurate, timely, and compliant with approval matrices
Maintain proper segregation of duties and audit trail
Liaise with banks and internal stakeholders on payment-related matters

Month-End Close & Controls

Own AP and bank-related month-end close activities
Ensure proper expense cut-off and accruals
Reconcile AP and bank balance sheet accounts with clear explanations
Support internal and external audits
Actively contribute to continuous improvement and standardisation initiatives within the hub

Systems & Tools

SAP Business One (Finance & Banking modules)
Expensify
Excel (intermediate: pivots, lookups)

YOUR EXPERIENCE

The successful candidate for this role will be able to demonstrate:

Degree in Accounting, Finance, or equivalent
35 years experience in accounts payable / accounting operations
Strong hands-on experience with SAP Business One
Solid experience in bank reconciliations and balance sheet ownership
Experience in a regional hub or shared services environment
Exposure to multi-entity and multi-currency environments is a plus
Good understanding of services-based accounting and indirect taxes

Personal Attributes

Strong attention to detail and sense of ownership
Reliable, structured, and deadline-driven
Comfortable working with regional stakeholders
Proactive, systems-savvy, and improvement-oriented
Team player with the confidence to work independently

This position is open to Singapore Citizens and Singapore Permanent Residents only.

Disclaimer:

All applications must be submitted through the official link provided in this vacancy posting. Applications sent directly to NMG staff email addresses will not be considered.

ABOUT NMG

The NMG Group is a global advisory and intermediary firm focused exclusively on the financial services sector. Established in 1992, NMG has enjoyed rapid expansion internationally and now has over 800 employees in 18 cities worldwide. Our guiding principle is to always Find a Better Way.

NMG Consulting is a leading multinational insurance, reinsurance and investments consultancy, integrating consulting, insights and analytics. Our consultants provide strategy consulting, insights, analytics and actuarial services to financial institutions including banks, insurers, reinsurers and fund managers.

We are constantly evolving and the range of work that we do challenges and expands our peoples knowledge at lightning speed. Our flat, team-based structures encourage participation from all experience levels everyone is encouraged to contribute, regardless of their role. We advocate hearing different points of view, collaboration and constructive debate.

Accounts Payable Accountant (1-Year Contract)

Accounts Payable & Bank Reconciliation Accountant

Accounts Payable & Bank Reconciliation Accountant