Finance Executive Jobs

Responsibilities:

Responsible for Revenue and AR function, Intercompany rebilling, Treasury, other misc. accounting tasks. Duties include:

Revenue & Accounts Receivable

• Check for sales accuracy & completeness, ensure all invoices are posted to GL accurately

• Dispatch E-invoices generated by sales department to all external customers (via Email)

• Tracking and reconciliation of all customer rebates, volume rebates, sales credits.

• Tabulate sales commissions for headquarter and 3rd party agent, and initiate monthly agent comm payment

• Deferred revenue accounting due to shipment delay, incoterms etc.

• Prepare credit memo report, check all credit memo and its supporting.

• Tabulate and send monthly sales report to headquarter.

• Point of contact for account receivable as AR function are performed by shared services

• Prepare quarterly forecast for AR aging reserve (CECL), and subsequently book in the actual reserve.

Intercompany Rebilling

• Generate various intercompany invoices and dispatch invoices on monthly basis.

• Follow up on any intercompany billing queries and provide relevant supporting.

• Prepare weekly forecast on intercompany sales & rebilling to facilitate the cashflow forecast.

Treasury and Cash Book

• Prepare monthly balance sheet hedge (FX) forecast.

• Forecast the monthly cash usage and balance for both USD and SGD and compute the surplus fund amount to be placed with headquarter treasury.

• To monitor exchange rate and perform monthly internal fund transfer from USD to SGD

• Cash book entries for misc. receipt, refund, gov grant, bank interest etc.

Month End Close & Others

• Prepare various journal entries on month basis related to cashbook, agent commission adjustment, AP/AR reclass, prepaid expenses amortization, expenses accrual, AR aging reserve, MIT, withholding tax, surplus fund, internal fund transfer etc.

• Prepare monthly account reconciliations (AR, Prepaid expenses, Deferred revenue, customer rebate, commission)

• Review withholding tax computation by AP team and submit to IRAS

• Point of contact for SAP Vendor Master creation / changes

• Computation of material-in-transit for 3rdparty vendor

• Perform monthly (FX) revaluation in SAP

Requirements:

• Diploma or Degree in Accountancy or ACCA equivalent

• Candidate not meeting qualification requirement but with relevant experience be considered

• Minimum 5 years working experience in related roles

• Exposure to manufacturing environment would be an added advantage

• Advance users of Excel (Pivot Table, Vlookup, etc)

• A team player with a positive attitude

• High drive for result, proactive and resourceful

• Able to meet tight deadlines in a fast-paced environment