Finance Executive (5.5 days working)

Managing the Finance & Accounting function

. Manage full set of Accounts

. Efficient administration and governance of all accounting processes

. Budgeting/Planning, finalization of P&L, Balance sheet, manage the Cashflows and prepare Cash flow forecasts

Petty cash

. Checking on Petty cash ledger and entries - Weekly

Bank

. Daily reconciliations of all bank accounts and sending report to Head of Finance.

. Prepare and send collection and payment report - Weekly

. Send weekly cash balance report.

Tally entries - Enter accurate and timely data into the accounting system

. Posting of all payments, receipts and journals in Tally - Daily

. Tuition fees - tabulating data into a Journal and loading the tuition fees invoice entries to Tally

. Debtor Ageing - Checking daily collection and update debtor outstanding

. Debtors ageing analysis monthly, follow up with tutors on collection of fees outstanding

. Payments to Vendors and reimbursements, deposit & tuition fee refund, excess payment via bank transfer after approval

. Preparation of invoices to external classes and performances & posting of invoice in Tally.

. Calculate depreciation, maintain fixed asset schedule and update adjustment journals in Tally.

. Transfer of students advance payment for all the student by tutor monthly.

. Posting of other receipts, donations and credit card entries.

. Prepare Tutor incentive for payment from the monthly collection report.

. Prepare payroll, payment via online, submit CPF online

. Perform month-end closing activities.

Reports - Maintain accurate financial records and statements.

. Preparation monthly debtor ageing report, Daily collection report

. Finalizing profit & loss and balance sheet, Monthly management Report (with Variance & Explanation)

. Quarterly preparation of GST and Online filing of GST Returns

. Submission of withholding tax, IR8A, IR21 to IRAS via online

. Preparation of annual financial statement, audit schedule and supporting documents for balance sheet items.

. Oversee Reconciliation of daily collection & prepare daily collection report (DCR), non- reconciled & fee outstanding.

. CMF audit and yearly submission of annual audit to MCCY

. Any other duties assigned by Head of Finance.

Working Days : 5.5 days