Finance Executive (Accounting)

Job Description & Requirements

Kenoil offers comprehensive services in oil and gas trading and bunkering, delivering equipment, support, and logistics solutions to ensure efficient operations. Our core values include integrity, accountability, teamwork, and continuous improvement, with a strong focus on personal growth and collaboration.

At Kenoil, we create a supportive environment where you can thrive, contribute, and be part of a successful team. Join us and help shape the future of the energy industry!

Job Summary

We are looking for a detail-oriented Finance Executive (Accounting) to manage daily accounting and financial operations, including financial reporting, accounts payable/receivable, reconciliations, and budgeting support. You will play a key role in ensuring financial accuracy, regulatory compliance, and supporting overall finance functions for the company.

Job Responsibilities

1. Accounting & Finance Operations

• Manage daily accounting and finance operations, ensuring accuracy and completeness of financial records
• Handle petty cash transactions and review office expense claims
• Review and validate journal entries, including fixed asset additions and depreciation
• Maintain proper filing and documentation of all accounting and financial records
• Oversee accounts payable, including invoice verification, vendor reconciliation, and timely payments
• Oversee accounts receivable, including invoicing, collections, and follow-up on outstanding balances
• Perform bank and balance sheet reconciliations to ensure accuracy
• Liaise with banks and financial institutions on banking matters such as transfers, account maintenance, and financing facilities

2. Financial Reporting & Analysis

• Maintain an accurate general ledger
• Prepare monthly, quarterly, and annual financial reports in line with SFRS/IFRS
• Assist in budgeting, financial forecasting, and variance analysis
• Support financial analysis for management decision-making
• Monitor cash flow and support treasury-related matters

3. Taxation & Regulatory Compliance

• Prepare and file statutory returns (e.g. corporate tax, GST) in compliance with regulations
• Ensure adherence to Singapore and Malaysia financial regulations and reporting standards
• Liaise with external auditors to support audit processes and resolve queries
• Keep updated on changes in tax laws, accounting standards, and financial regulations
• Coordinate with banks, auditors, and government agencies to facilitate financial transactions and reporting requirements
• Support internal and external audits, including group and vessel accounting

Job Requirements

• Bachelor’s degree in Accounting, Finance, or related field (CPA/ACCA or equivalent is an advantage)
• Minimum 2–3 years of accounting and finance experience
• Strong knowledge of SFRS and IFRS
• Proficient in accounting systems (Sage experience is a plus)
• Strong analytical, financial, and problem-solving skills
• High attention to detail and accuracy
• Excellent communication and interpersonal skills, with the ability to liaise effectively with banks, auditors, and external stakeholders
• Able to work independently and collaboratively
• Strong time management and organisational skills