Finance Executive - Geylang

Finance Executive

Job Description:

1. Accounts Payable (AP) Responsibilities:

• Processing invoices and payment requests accurately and in a timely manner.
• Matching purchase orders with invoices and delivery documents.
• Verifying the accuracy of vendor invoices and resolving discrepancies.
• Preparing payment schedules and processing payments via various methods (e.g., bank transfers, cheques).
• Maintaining accurate AP records and vendor files.
• Reconciling vendor statements.
• Handling vendor inquiries and building good relationships.
• Assisting with month-end and year-end closing activities related to AP.

1. Accounts Receivable (AR) Responsibilities:

• Generating and sending out invoices to customers.
• Tracking and recording customer payments.
• Managing accounts receivable aging and following up on outstanding invoices.
• Preparing statements of accounts for customers.
• Reconciling customer accounts.
• Handling customer inquiries related to invoices and payments.
• Assisting with credit control and collection efforts.
• Assisting with month-end and year-end closing activities related to AR.

1. Banking Responsibilities (General):

• Managing bank accounts and ensuring accurate records.
• Preparing bank reconciliations on a regular basis.
• Processing bank deposits and withdrawals.
• Liaising with banks on various matters.
• Maintaining proper documentation for all banking transactions.

1. Other Potential Responsibilities:

• Assisting with general ledger entries and reconciliations.
• Supporting the preparation of financial reports.
• Performing administrative tasks related to finance.
• Ad-hoc tasks as assigned by the Finance Manager or Accountant.

Experience: (i) at least 3 years of experience in accounts payable (AP), accounts receivable (AR), or general accounting.

(ii) experience in treasury operations, manage bank relationships and work in large corporations is a plus.

• Strong understanding of basic accounting principles.
• Proficiency in using accounting software/systems (e.g., Xero, QuickBooks, SAP Business One, or other industry-specific software).
• Excellent data entry skills and attention to detail.
• Good working knowledge of Microsoft Excel for data manipulation and basic reporting.
• Familiarity with banking procedures and online banking platforms.

Soft Skills:

• Strong organizational and time management skills.
• Good communication skills (written and verbal).
• Ability to work independently and as part of a team.
• Problem-solving skills to resolve discrepancies.
• Accuracy and a meticulous approach to work.