Accountant

Key Responsibilities:

• Letter of Credit (L/C) Management:
  • Review and verify documents to ensure compliance with L/C terms, sales agreements, and customer requirements.
  • Monitor deposit and L/C issuance to secure timely payments before shipment.
  • Address L/C-related inquiries, discrepancies and processes efficiently.
• Financial Accounting:
  • Prepare, analyze, and reconcile financial statements, ensuring accuracy and compliance with guidelines.
  • Oversee accounts receivable and payable, including ledger reconciliation and transaction accuracy.
  • Manage GST returns, tax reporting, and liaise with IRAS for tax-related matters.
  • Conduct budgeting, working capital, and cash flow management.
  • Prepare annual budgets and support financial audits.
  • Perform inter-company and bank reconciliations, resolving outstanding issues.
• Collaboration and Compliance:
  • Work closely with traders, operations teams, and other departments to ensure seamless execution of customer requirements.
  • Ensure adherence to financial compliance and reporting standards.
  • Support audits and group consolidation processes
  • Provide excellent customer service by addressing operational inquiries related to documentation and payments.
• Ad-Hoc Duties:
  • Support general administrative tasks, and other responsibilities as assigned by the team leader or superior.

Requirements:

• Diploma or Degree in Accounting, Finance, or a related field.
• Minimum 5 years of relevant experience, with strong knowledge of Letter of Credit (L/C) processes.
• Proficiency in financial accounting, including tax reporting and compliance.
• Advanced skills in Microsoft Excel and Word.
• Detail-oriented, responsible, and capable of working both independently and in a team.

Preferred Skills:

• Experience in budget preparation, GST reporting and cash flow analysis.
• Familiarity with inter-company and bank reconciliations.
• Ability and knowledge to handle L/C application processes with banks, suppliers, and customers.