Accounts Assistant (Internal / External)

About Bestar

Bestar is a dynamic, full-service accounting and corporate services firm based in Singapore, providing comprehensive solutions in accounting, corporate secretarial services, payroll, and taxation to a diverse portfolio of local and international clients. We are committed to delivering exceptional client service and upholding the highest professional standards.

Key Responsibilities

1. Internal Bookkeeping & Data Entry

• Manage day-to-day data entry into accounting software (Xero or QuickBooks Online).
• Maintain the General Ledger, including Accounts Payable (AP) and Accounts Receivable (AR).
• Perform monthly bank reconciliations for all corporate bank accounts.

2. Invoicing & Collections

• Generate invoices for client services (Incorporation, Audit, Account, Tax, and Corporate Secretarial).
• Monitor aging reports and follow up with clients on outstanding payments to ensure healthy cash flow.
• Process staff expense claims and vendor payments via telegraphic transfers or GIRO.

3. Statutory & Tax Compliance

• Assist in the preparation of quarterly GST (Form 5) filings for IRAS.
• Compile supporting schedules for Corporate Income Tax and ECI submissions.
• Ensure all financial documents are filed digitally and physically in compliance with ACRA's 5-year retention rule.

4. Administrative Support

• Liaise with banks for corporate account maintenance.
• Support the One-Stop Solution philosophy by coordinating with the Corporate Secretarial and Payroll departments for internal cross-functional tasks.
• Attend to walk-in clients, answer calls, render assistance as covering personnel when the need arise from time to time.
• Any other administrative and supporting duties within and outside the department such as rendering guidance to juniors.

Accounts and Tax Assistant (Client Services)

1. Accounting and Bookkeeping

• Handle full set of accounts for a portfolio of clients across various industries, including the preparation of monthly/quarterly/annual management accounts.
• Perform bank reconciliations, manage Accounts Payable (AP) and Accounts Receivable (AR), and maintain the General Ledger.
• Prepare unaudited financial statements and necessary accounting schedules (e.g., fixed asset registers, accruals, prepayments) for compliance filing with ACRA.
• Assist clients with year-end audit preparation, liaising with external auditors to ensure a smooth audit process.

2. Taxation and Compliance

• Compute and prepare Corporate Income Tax (CIT) returns (Form C/C-S) and the Estimated Chargeable Income (ECI) for submission to IRAS.
• Prepare and file quarterly Goods and Services Tax (GST) returns (Form 5).
• Handle the computation and filing of Withholding Tax (WHT) as necessary.
• Assist in responding to queries from IRAS and other government agencies regarding clients tax matters.

3. Client and Team Management

• Liaise directly with clients to obtain necessary financial data and documentation and provide clear communication on compliance deadlines and requirements.
• Respond to client queries on basic accounting and tax matters professionally and promptly.
• Maintain accurate and organized physical and electronic filing of accounting and tax records.

4. Administrative Support

• Attend to walk-in clients, answer calls, render assistance as covering personnel when the need arise from time to time.
• Any other administrative and supporting duties within and outside the department such as rendering guidance to juniors.

Requirements & Qualifications

Education

Diploma in Accountancy / LCCI Level 3 / Currently pursuing ACCA.

Experience

1-2 years in a similar role experience in a professional services firm is a plus.

Software

Proficiency in MS Excel and cloud-based software like Xero.

Technical

Understanding of Double-Entry bookkeeping and Singapore GST basics.

Attributes

Meticulous, proactive, and able to handle confidential financial data.

Why Join Bestar

• Professional Growth: Opportunity to learn from seniors who are experts in Audit, Tax, and M&A.
• Collaborative Culture: Bestar is known for a supportive SME-focused environment.
• Diverse Exposure: Even in an in-house role, you will be exposed to various business structures and international financial frameworks.