Retail Accountant (1 Year contract) $4K to $5.5K

Recruit Express Pte Ltd| Date Posted: 23-Oct-2020
EA Licence No: 99C4599|EA Personal Registration No: R1104464
Save Job
Job Nature:
Position Level:
Job Category:
Diploma, Bachelor's / Honours

Job Description

  • Liaise with third party service provider to ensure all financial transactions are prepared accurately & timely
  • Order to Cash Process:
  1. Ensures complete and accurate revenue recognition based on transfer of control criteria;
  2. Daily Sales Reconciliations between marketplace platform sell through data & SAP financial postings
  3. Weekly collections & settlement
  4. Review AR balance for aged items and clear open items timely;
  5. Validation of Digital marketplace platform provider charges/basis
  • Consignment Inventory Monitoring:
  1. Liaise with Ops/Tech to ensure timely & accurate inventory movement & adjustments
  2. Monitor inventory movements to comply with deemed VAT requirements (VAT);
  3. Monitor inventory difference and ensure claims are underway to recover from the partners
  4. Monthly inventory controls execution (inventory adjustment & inventory imbalance review)
  5. Achieves timely fiscal/statutory close and accurate Nike internal & external reporting:
  6. Prepares all Digital Marketplace business month-end accounting journals;
  7. Prepares Month end close analysis & reporting package;
  8. Supports monthly/quarterly reporting including operational controls and reconciliation activities;
  9. Liaises with country teams to align and comply with all statutory and tax requirements;
  10. Supports indirect tax submission for Digital Marketplace business model
  11. Provides deemed VAT computations & reconciliations to Country Teams
  12. Supports Country teams on WHT requirements from vendor invoices;
  13. Performs other duties as assigned


  • Minimum Diploma in Accountancy, or Professional qualification i.e ISCA/ACCA/CIMA and/or Degree holder in Accountancy with at least 3 years or more years of relevant experience
  • Hands-on SAP FI and Retail reconciliations experience is essential
  • Proficient in MS Excel and manual reconciliations between Retail vs SAP systems

Angela Teh Ling Wei (CEI No.R1104464)
Contact Number:67860100
Email Address:[Click Here to Email Your Resume]
Recruit Express Pte Ltd / EA Licence No: 99C4599

We regret only shortlisted candidates will be contacted

Company Overview
Recruit Express Pte Ltd