Finance/Accounting Executive

Job Description & Requirements

The Wine Reserve Singapore (TWRS) is an investment holding company set up to own and manage wine storage warehouses in Singapore. TWRS operates Provino Logistics - a reputed wine storage warehouse in Jurong East with 200 customers ranging from importers, retailers and large private collectors. TWRS is also building a new, state-of-the-art warehouse in the east of Singapore which will be the most advanced facility of its kind in Asia when it opens in 2027.

About the role

The Accounting Executive is responsible for day-to-day accounting operations and transactional accuracy for TWRS and Provino Logistics. This role focuses on execution, record-keeping, statutory preparation, and system discipline, supporting the Finance Manager with reliable financial data.

Reports to: Finance Manager

Key Responsibilities

1. Day-to-Day Accounting Operations

• Maintain accurate general ledger records for TWRS and Provino.
• Process accounts payable, including invoice verification, payment preparation, and vendor reconciliations.
• Manage accounts receivable, customer invoicing, and receipts posting.
• Prepare payroll entries and related journal postings (excluding HR administration).
• Perform monthly bank reconciliations and resolve discrepancies.

2. Monthly Closing and Reporting Preparation

• Prepare monthly management accounts, P&L, balance sheet, and cash flow schedules.
• Prepare supporting schedules for accruals, prepayments, fixed assets, and depreciation.
• Prepare variance analysis schedules for review by the Finance Manager.
• Maintain clear audit trails and documentation.

3. GST, Tax, and Statutory Preparation

• Prepare GST returns and supporting schedules in accordance with IRAS requirements.
• Maintain records for corporate tax computation support (ECI, Form C/C-S).
• Prepare statutory schedules for annual audit and ACRA filings.
• Support external auditors during audit fieldwork.

4. Cash Management and Billing Support

• Prepare payment runs and maintain payment schedules.
• Generate customer invoices and monitor collections status.
• Maintain AR ageing reports and follow up on overdue accounts.
• Record bank loan repayments and interest entries.

5. Inventory and WMS Support

• Record inventory movements and storage revenue entries in the accounting system.
• Support reconciliation between WMS data and accounting records.
• Assist in periodic stock counts and inventory reconciliations.

6. Systems and Process Discipline

• Maintain accuracy and consistency in accounting systems.
• Follow finance SOPs, approval matrices, and internal controls.
• Support system data clean-up, master data maintenance, and reporting accuracy.

Qualifications

• Degree, Diploma or other technical qualification in accounting
• At least 3 years work experience as an accountant
• Willingness to work in a warehouse environment
• Singaporean or Permanent Resident