Accounts Executive (Construction)

Experienced Accounts Executive / Accountant (Construction / Project Management)

To perform day-to-day accounting and ensure accurate financial reporting for the company’s projects. The role supports project cost monitoring and compliance with statutory requirements.

Key Responsibilities

1. General Accounting

· Handle full sets of accounts (AR, AP, GL, and bank reconciliation).

· Maintain accurate and up-to-date accounting records in accordance with company policies.

· Prepare monthly, quarterly, and year-end closing reports.

· Work with outsourced accounting team to process journal entries, accruals, and adjustments.

2. Accounts Payable (AP)

· Verify supplier invoices, purchase orders, and delivery orders for accuracy.

· Process payments to suppliers, subcontractors, and vendors according to payment terms.

· Monitor retention sums and progress payments related to construction contracts.

3. Accounts Receivable (AR)

· Prepare customer invoices and follow up on payments.

· Monitor aging reports and ensure timely collection.

· Handle progress claims and coordinate with project teams for billing accuracy.

4. Banking and Cash Management

· Perform bank reconciliations and petty cash management.

5. Audit, Taxation & Compliance

· Work together with outsourced accounting team to facilitate annual audit, tax submissions, and government reporting (GST, CPF, IRAS, etc.).

· Ensure compliance with accounting standards and company internal controls.

6. Administrative Support

· Maintain proper filing and documentation of accounting records.

· Support ad-hoc duties assigned by management or finance department.

Requirements

· Diploma or Degree in Accounting, Finance, or equivalent qualification.

· Minimum 5 years of accounting experience, preferably in construction or project management industry.

· Knowledge of progress billing, retention, work in progress and project costing will be advantageous.

· Proficient in accounting software Xero.

· Good understanding of Singapore accounting and tax regulations.

· Meticulous, organized, and able to work independently under tight deadlines