Senior Executive/Executive, Finance Services

Job Detail

What the role is: We are seeking a highly motivated Senior Executive / Executive to join our Finance Services team. As a key member of our organisation, you will be responsible for managing and administering Finance Services for our service partners. What you will be working on: - Execute the daily Accounts Payable transactions independently such as creating vendor records and processing payments accurately by verifying against the supporting documents, and seeking clarifications from Client Agencies, when required - Issue billings to external parties on behalf of client agencies and monitor the receipt of monies regularly, including the preparation of aging reports. Promptly follow up with Reminder and Late Payment Interest (LPI) Letters, if necessary - Account for monies received by creating deposit records in the Finance System and to investigate further if there are discrepancies - Understand the different types of account codes/cost centres and appreciate the various accounting treatments to ensure that all transactions are posted to the appropriate accounts. Clarify with Client Agencies and post re-class journals if necessary - To perform relevant Accounts Payable, Accounts Receivable, General Ledger reporting and reconciliation (including month-end and year-end closing) as required, including the preparation of Accounts Payable & Accounts Receivable audit schedules, customer confirmations and relevant related party confirmations for financial year-end closing - Filing withholding tax (WHT) for foreign supplier invoices and the GST Returns via the IRAS portal, making adjustments where required. - Prioritize and monitor outstanding transactions using relevant reports and dashboards; and work with the team leads to ensure that transactions are processed timely and accurately. - Ensure that all controls implemented in the function are complying with IMs, SOPs, Training Manuals, Finance Circulars, etc., before processing the transactions. - Act as first point of contact for Client Agencies to resolve all operational matters and assist on queries in accordance with the finance operating procedures and guidelines within stipulated service standards - Seeking AGD Helpdesk’s assistance if there are system issues that cannot be resolved internally - Prepare supporting documents and provide support for internal and external audit purposes - Conduct holistic reviews of work processes and systems and recommend possible improvements to achieve greater efficiency and effectiveness - Provide UAT support whenever there are systems enhancements - Any other ad-hoc projects or tasks assigned by supervisors