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Open nowPosted 28 days ago

Assistant Accounts Manager

MARITEC PTE. LTD.

Pay
SGD 4,800 – SGD 5,000 a month
Where
West, Singapore
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Your applicationOpen nowAssistant Accounts ManagerMARITEC PTE. LTD. · West, Singapore
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  2. 4.5%3 days
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  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: posted 28 days ago

The posting

Job Requirements

  • Proficiency in MS Office products
  • Have good initiative, enthusiasm and willingness to learn.
  • Able to work independently and in a team when required.
  • At least 2 years in a supervisory or senior role.
  • At least 5 years of cumulative experience in finance functions (full set AP and AR)
  • Experience with multi-currency transactions and multi-entity or regional group structures.
  • Proficiency in ERP or accounting systems (SAP/Xero/Microsoft Dynamic 365, Sage, etc.)
  • Sound working knowledge of fixed asset and inventory accounting, including capitalisation, depreciation and stock valuation.
  • High attention to detail, accuracy and integrity in handling financial data.
  • Willingness to continually improve and hone skills.

Job Description

Accounts Payable

  • Supervise and manage the end-to-end AP process, from supplier onboarding and invoice receipt to approval and payment.
  • Ensure accurate three-way matching of purchase orders, goods/services received and supplier invoices.
  • Prepare and review regular and ad-hoc payment runs, ensuring proper approvals and adherence to payment terms.
  • Maintain the supplier master file, including verification of bank details to prevent fraud.
  • Reconcile supplier statements monthly and resolve discrepancies promptly.
  • Handle supplier queries and build strong working relationships with vendors, laboratories and agents.
  • Process staff expense claims and corporate card transactions in line with company policy.
  • Accrue for goods and services received but not yet invoiced.

Accounts Receivable

  • Supervise and manage the end-to-end AR process, from customer account setup and invoicing to cash collection.
  • Issue accurate and timely invoices for testing services, including multi-currency billing for international clients.
  • Monitor customer credit limits and payment terms, and review new customer credit applications.
  • Lead the credit control and collections process, review and ensure the timely issuance of monthly SOAs to customers, and follow up on overdue accounts.
  • Prepare and analyse aged debtors reports, work with the sales team to improve the AR days.
  • Manage the AR remittance and reconcile bank accounts daily or weekly.
  • Resolve billing disputes in liaison with operations, laboratory and sales teams.
  • Resolve billing disputes and SOA discrepancies in liaison with operations, laboratory and sales teams.

Fixed Assets

  • Oversee fixed asset accounting to ensure compliance with company policy and applicable accounting standards (SFRS/IFRS), including accurate capitalisation, depreciation and disposals.
  • Ensure the fixed asset register is properly maintained and reconciled to the general ledger.

Inventory

  • Oversee inventory accounting to ensure compliance with company policy and applicable accounting standards, including proper valuation and timely recording of stock movements.
  • Ensure inventory records are reconciled to the general ledger and that stock count variances are properly investigated and adjusted.

Month-end Reporting and Compliance

  • Support month-end and year-end close for AP, AR, fixed assets and inventory, including accruals, prepayments, depreciation and ledger reconciliations.
  • Prepare AP, AR collection, fixed asset and inventory reports.
  • Ensure compliance with applicable tax requirements (e.g. GST/VAT and withholding tax) on invoices and payments.
  • Maintain strong internal controls, segregation of duties and clear audit trails.
  • Act as the key contact for external and internal auditors on AP, AR, fixed asset and inventory matters.
  • Handle intercompany billing and reconciliations with overseas group entities.

Leadership and process improvement

  • Supervise, train and develop the AP team (including staff handling SOA and AR collection), as well as those handling fixed asset and inventory accounting, allocating work and reviewing output.
  • Identify and implement process improvements and automation within the finance system.
  • Develop and maintain AP, AR collection, fixed asset and inventory policies, procedures and desk manuals.

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