Accounts Executive

The Swatch Group Ltd is an international Group active in the manufacture and sale of finished watches, jewelry, watch movements and components. Swatch Group supplies nearly all components required for the watches sold by its 17 brands as Breguet, Harry Winston, Blancpain, Glashütte Original, Jaquet Droz, Léon Hatot, Omega, Longines, Rado, Union Glashütte, Tissot, Balmain, Certina, Mido, Hamilton, Swatch and Flik Flak.

Job Description

We are seeking an Accounts executive to be a part of the accounts team and reporting to the Finance manager. This role will be responsible for Accounts Receivable and Payable functions and the following:

Accounts Receivable

• Handle all AR related duties such as posting and matching of collections, send monthly SOA, follow up on overdue receivables etc
• Check and issue credit note for sales target incentive to retailers & sales employee sell-out incentive 
• Prepare monthly debit note for billing to interco (TSGM) 
• Generate AR Overdue report for HQ on 10th of each month
• Prepare billing for reimbursement of expenses for intercompanies and third parties

Accounts Payable

• Ensure accuracy and post all GIRO payment invoices
• Verify and post intercompanies and third parties invoices 
• Prepare and check staff claims 

Retail Accounting

• Posting of entries for retail sales and collection against supporting documents 
• Prepare landlord monthly gross sales report

Sales Commission Calculation

• Download sales and collection from SAP for wholesale commission calculation
• Commission calculation for wholesale and retail

Reporting and Forecast

• Prepare weekly cash forecast to HQ
• Monitor bank balance and prepare inter-bank transfers
• Prepare and upload monthly BOFC report
• Handle SAP month-end run 
• Prepare and post monthly/quarterly/yearly provision journal in SAP
• Assist in preparing HQ quarterly reporting package

Account Closing

• Prepare and post monthly/yearly provision & recurring journal in SAP
• Prepare and ensure accuracy of Balance Sheet schedules
• Assist in preparing HQ reporting package

Others

• Prepare and maintain rental calculation on straight line basis
• Preparation of quarterly GST filing
• Involve in half-yearly and yearly stock count
• Liaising with external parties (e.g auditors) as and when required

What we will need:

• Diploma in Accountancy or equivalent
• Min 2-3 years relevant working experience in accounting environment
• Working knowledge of SAP is an added advantage.
• Proficient in Microsoft Office and ERP
• Good initiative, meticulous and a good team player