Accounts Specialist

Accounts Specialist - European MNC
Salary: $7500 max
5 days work week
Location: Tuas

Job Scope:
A) General Ledger & Financial Close

  Execute and support monthly and year-end close activities, including JE approvals, accruals, provisions, and cut-off.

  Prepare and review balance sheet reconciliations; ensure timely clearance of reconciling items.

  Ensure accounting entries comply with US GAAP, company policies, and local statutory requirements.

  Support analysis, and variance explanations in collaboration with Shared services. 

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.

  Supervise AP processing, vendor aging, payment runs, and approval workflows.

  Monitor AR collections, customer disputes, credit notes, and overdue balances.

  Track quality of shared service to drive corrective actions and process improvements.

C) Audit & Internal Controls

  Act as key finance contact for internal and external audits.

  Request and review audit schedules supported by Shared services, responding to audit queries efficiently and accurately.

  Ensure adherence to internal control requirements, including segregation of duties and documentation standards.

  Support remediation and continuous improvement initiatives.

D) Travel & Expense (T&E) Administration

 Review escalated employee expense claims and provide clarification in accordance with company T&E policies.

  Perform periodic reviews and reconciliations

  Ensure correct accounting, tax treatment (e.g. GST), and cost allocation of expenses.

  Support internal and external audits by providing T&E documentation and audit trails.

E) Treasury & Cash Management Support

  Coordinate bank-related administration (signatories, bank portals, controls) in line with internal policies.

  Support cash flow forecasting and monthly payment planning.

  Review intercompany and third-party payment processing and settlement activities, in cooperation with Shared services.

F) Tax & Statutory Compliance

  Coordinate corporate income tax and GST compliance and annual tax return filings with external tax advisors.

  Ensure proper documentation for tax audits and statutory reviews.

G) Process Improvement & Controls

  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.