Finance Executive

1. Position Overview

This position is responsible for overseeing day-to-day financial operations and assisting in the preparation of monthly, quarterly, and annual financial reports ensuring compliance with statutory and regulatory requirements.

2. Key Duties and Responsibilities

Accounts Receivable: -

. Manage the full receivable accounts cycle, including issuing invoices/debit notes/credit notes, following up on overdue accounts, and ensuring payments are collected in a timely manner

. Generating monthly of Statement of Accounts, AR Aging reports

. Updating receipts and follow up collections from healthcare.

. Assist in month-end closing by reconciling sales and accounts receivable records with general ledger as well as managing revaluation.

. Fully utilize inhouse ERP System for daily activity

Accounts Payable: -

. Perform AP functions such as generating purchase invoices in systems and generating AP aging Reports

. Perform nontrade payable claims for staff reimbursement based on Company policy

. Perform monthly closing for AP, purchase reconciliation as well as revaluation

Other Accounting Process: -

. Prepare monthly FX revaluation for AR, AP and Bank.

. Payments/Receipts Posting in the ERP as per Bank statement and Bank Reconciliation.

. Register/Disposal and updating of fixed assets register in ERP systems

. Perform monthly PPE depreciation.

. Record monthly leasing transactions for office and amortization of lease.

. Calculate and record AR interest expense and accruals in accordance with contractual terms and conditions.

. Prepare royalty invoices in accordance with contractual terms and usage reports, ensuring accurate billing to licensees.

. Prepare financial data to support Transfer Pricing posting entries in systems.

. Prepare monthly balance sheet schedule and assist Manager to prepare IFRS package report.

. Reconcile and resolve discrepancies of Intercompany Transactions every quarter.

. Prepare and file quarterly GST returns in compliance with local tax regulations, ensuring accuracy and timely submission to IRAS. Reconciled input and output GST from accounting records.

. Prepare Closing report, schedule of financial statement, income statement etc.,

. Prepare and submit statutory tax form S45 for withholding tax.

. Prepare monthly Internal Control tasks including ERP Price Master, Customer and Vendor Master, Fixed Asset Recognition and submit for draft approval.

Yearly Accounting Process:-

. Involving in interim audit, final audit and assisted Finance Manager in preparation of yearly statutory reporting for annual statutory audit.

. Compiled financial data and supporting documents for annual corporate tax filing.

3. Required Qualifications (if needed Desired Qualifications)

. Minimum 3 to 5 years experience is preferred. (Open to candidates from different industries whom shown keenness to join us)

. Ability to multi-task, prioritize and manage time effectively

. Customer orientation and ability to adapt/respond to different types of characters

. Proven Billing and Basic accounting experience