Job Overview

We are looking for a detailed-oriented, hands-on and proactive Accountant to manage our financial operations. You will handle full sets of accounts, drive credit control to ensure healthy cash flow, manage complex banking facilities (Trade Finance/Forex), and ensure statutory compliance with SFRS and tax regulations (GST/IRAS), and supporting the MD & Group CFO with management reporting.

The ideal candidate has experience in the Construction/Engineering industry and is proficient in Microsoft Dynamics 365 Business Central.

Key Responsibilities

1. Financial Accounting & Credit Control

• Full Sets: Manage full sets of accounts independently, including Accounts Receivable (AR), Accounts Payable (AP), and General Ledger (GL).
• Credit Control (AR Chasing):
  
  • Closely monitor the Accounts Receivable aging report.
  • Actively follow up with clients on overdue invoices via phone and email to ensure timely collection.
  • Liaise with internal Project Managers and external clients to resolve billing disputes, specifically regarding progress claim certifications and retention sums.
• Closing: Lead the month-end and year-end closing processes strictly adhering to deadlines.
• FX Accounting: Perform month-end revaluation of foreign currency balances.
• Project Accounting: Monitor project costs and progress claims (relevant for construction contracts) to ensure accurate revenue recognition.

2. Management Reporting

• Prepare timely monthly management reports with variance analysis.
• Generate estimated Profit & Loss (P&L) statements and Cash Flow projections (incorporating collections data from AR aging) to support decision-making by the Group CFO.
• Assist in budgeting and forecasting activities.
• Provide updates to the Group CFO regarding currency exposure and collections status.

3. Trade Finance

• Banking Liaison: Act as the primary point of contact for bankers regarding all banking matters.
• Trade Finance: Manage the application and lifecycle of banking facilities, specifically Bank Guarantees (BG), Letters of Credit (LC), and Performance Bonds.
• Forex Management: Monitor foreign exchange exposure and execute Forex transactions to support overseas payments.
• Cash Management: Verify monthly payments, process staff claims, authorize internet banking transactions, and perform monthly bank reconciliations.

4. Compliance & Audit

• GST: Prepare and submit quarterly GST returns (F5) to IRAS, ensuring accuracy and compliance.
• Audit: Maintain monthly/yearly audit schedules and act as the primary liaison for external auditors during the financial year-end.
• Ensure compliance with local statutory requirements and SFRS.

5. Ad-hoc Duties

• Undertake any other ad-hoc financial projects or administrative duties as assigned by the MD & Group CFO.

Requirements

Education & Certification

• Diploma or Bachelor's Degree in Accountancy, Finance, or equivalent.
• Professional qualifications (e.g., CA Singapore, ACCA, CPA) are advantageous but not mandatory.

Experience

• Minimum 3-5 years of relevant hands-on experience in accounting.
• Industry Focus: Construction/Engineering experience is highly preferred (familiarity with progress claims, retention sums, BGs, and LCs).
• Treasury: Experience in Multi-Currency accounts, Forex hedging, and Trade Finance.
• Collections: Proven track record in effective credit control and debt recovery.
• Familiarity with Singapore tax laws (GST, Corporate Tax) and SFRS.

Technical Skills

• Software: Proficiency in Microsoft Dynamics 365 Business Central is a strong advantage.
• Strong command of MS Excel (Pivot Tables, VLOOKUP).

Soft Skills

• Meticulous and able to work independently in a fast-paced environment.
• Good interpersonal skills to communicate effectively with vendors and internal stakeholders.
• Firm and tactful communication skills: Ability to chase clients for payment effectively while maintaining business relationships.