Accounts Executive

Accounts Executive

Company: Kenko Academy Pte Ltd
Location: Singapore
Employment Type: Full-Time

Job Summary

Kenko Academy PteLtd is seeking a detail-oriented and responsible Accounts Executive to manage the company's daily accounting operations, financial reporting, and compliance. The successful candidate will support the Finance Department in ensuring accurate financial records, timely reporting, and compliance with statutory and regulatory requirements. Experience in the education, training, or service industry will be an advantage.

Key Responsibilities

Accounts Payable

• Process supplier invoices, staff claims, and payments accurately and promptly.
• Reconcile supplier statements and resolve payment discrepancies.
• Prepare payment schedules and bank transfers.

Accounts Receivable

• Issue invoices for course fees, grants, corporate clients, and other services.
• Monitor customer payments and follow up on overdue accounts.
• Reconcile customer accounts and maintain accurate receivable records.

General Accounting

• Prepare journal entries and maintain the general ledger.
• Perform monthly bank reconciliations.
• Assist in month-end and year-end closing activities.
• Maintain proper accounting documentation and filing systems.

Financial Reporting

• Prepare monthly management reports and financial schedules.
• Assist in preparing annual budgets and cash flow forecasts.
• Support external auditors during annual audits.
• Assist with financial analysis and management reporting.

Payroll & HR Support

• Assist in payroll preparation and verification.
• Process CPF contributions, IR8A submissions, and other statutory payroll requirements.
• Maintain payroll records confidentially.

Compliance

• Ensure compliance with Singapore Financial Reporting Standards (SFRS), Companies Act, GST regulations, and IRAS requirements.
• Assist with GST submissions and tax-related matters.
• Maintain proper internal controls and financial procedures.

Administrative Support

• Maintain accounting software and financial databases.
• Liaise with banks, auditors, government agencies, and vendors.
• Support finance-related projects and process improvement initiatives.
• Perform other accounting and administrative duties assigned by management.

Job Requirements

Technical Skills & Systems

• Proficient in Xero Accounting Software for bookkeeping, financial reporting, bank reconciliation, and accounts management.
• Advanced proficiency in Microsoft Excel, including PivotTables, VLOOKUP/XLOOKUP, SUMIFS, data analysis, and financial reporting.
• Proficient in Microsoft 365 applications, including Outlook, Word, Excel, Teams, SharePoint, and OneDrive.
• Experience using accounting and payroll software is an advantage.

Industry Knowledge

• Familiar with the accounting and financial administration of SkillsFuture Singapore (SSG)-funded training programmes.
• Experience in managing accounting records for SkillsFuture Credit (SFC) payments and reconciliations.
• Knowledge of Training Grants, grant claims, funding reconciliation, and revenue recognition for SSG-funded courses.
• Familiar with the SkillsFuture Enterprise Credit (SFEC) scheme, including eligibility, grant utilization, and accounting treatment.
• Understanding of government grant accounting, compliance requirements, and audit documentation related to SSG-funded programmes.

Preferred Qualifications & Experience

• Minimum 3 years of accounting experience, preferably in a Private Education Institution (PEI), training provider, or grant-funded environment.
• Experience supporting external audits, grant audits, and financial reporting for government-funded projects will be an advantage.
• Knowledge of Singapore Financial Reporting Standards (SFRS), GST, CPF, and IRAS statutory requirements.

Competencies

• Strong numerical and analytical skills.
• High level of accuracy and attention to detail.
• Good organizational and time management skills.
• Ability to manage multiple priorities and meet deadlines.
• Strong communication and interpersonal skills.
• Able to work independently and collaboratively in a team.
• High integrity with the ability to handle confidential financial information.

What We Offer

• Competitive salary and performance-based incentives.
• Opportunities for professional development and career progression.
• Supportive and collaborative work environment.
• Employee discounts on Kenko wellness services and training programmes.
• Medical benefits and annual leave in accordance with company policy.