Accounts Specialist - European MNC
Salary: $7500 max
5 days work week
Location: Tuas
Job Scope:
A) General Ledger & Financial Close
ï‚· Â Execute and support monthly and year-end close activities, including JE approvals, accruals, provisions, and cut-off.
ï‚· Â Prepare and review balance sheet reconciliations; ensure timely clearance of reconciling items.
ï‚· Â Ensure accounting entries comply with US GAAP, company policies, and local statutory requirements.
ï‚· Â Support analysis, and variance explanations in collaboration with Shared services.Â
B) AR & AP Supervisory Duties (incl. Shared Services)
  Oversee execution of Accounts Receivable (AR) and Accounts Payable (AP) activities, primarily performed via shared services or local support teams.
ï‚· Â Supervise AP processing, vendor aging, payment runs, and approval workflows.
ï‚· Â Monitor AR collections, customer disputes, credit notes, and overdue balances.
ï‚· Â Track quality of shared service to drive corrective actions and process improvements.
C) Audit & Internal Controls
ï‚· Â Act as key finance contact for internal and external audits.
ï‚· Â Request and review audit schedules supported by Shared services, responding to audit queries efficiently and accurately.
ï‚· Â Ensure adherence to internal control requirements, including segregation of duties and documentation standards.
ï‚· Â Support remediation and continuous improvement initiatives.
D) Travel & Expense (T&E) Administration
ï‚· Review escalated employee expense claims and provide clarification in accordance with company T&E policies.
ï‚· Â Perform periodic reviews and reconciliations
ï‚· Â Ensure correct accounting, tax treatment (e.g. GST), and cost allocation of expenses.
ï‚· Â Support internal and external audits by providing T&E documentation and audit trails.
E) Treasury & Cash Management Support
ï‚· Â Coordinate bank-related administration (signatories, bank portals, controls) in line with internal policies.
ï‚· Â Support cash flow forecasting and monthly payment planning.
ï‚· Â Review intercompany and third-party payment processing and settlement activities, in cooperation with Shared services.
F) Tax & Statutory Compliance
ï‚· Â Coordinate corporate income tax and GST compliance and annual tax return filings with external tax advisors.
ï‚· Â Ensure proper documentation for tax audits and statutory reviews.
G) Process Improvement & Controls
ï‚· Â Identify and drive improvements in accounting, tax, and shared service processes.
  Support implementation and monitoring of internal controls and compliance with company’s policies and standards.