Executive, Accounts (Entry-level)

Responsibilities

Day-to-day accounting

• Maintain complete, accurate and timely accounting records for CUL Singapore HQ and assigned affiliated entities in accordance with IFRS/SFRS(I), Group accounting policies and Singapore statutory requirements.
• Accounts payable: verify and code supplier invoices (vessel/voyage expenses, terminal charges, container-related costs, agency and overheads), match to supporting documents, and prepare payment runs for approval.
• Accounts receivable: raise customer and agent billings, apply receipts, monitor ageing, follow up on collections, and prepare statements of account.
• Post daily bank transactions and monitor bank balances for Singapore HQ and assigned entities; prepare fund transfer requests and remittance documentation for approval, and follow up with banks and Group HQ finance on collection and transfer status.
• Check vouchers and supporting documents for completeness, correct coding and approval before posting; escalate unusual or significant transactions to the Finance Manager.

Month-end and year-end close

• Prepare and post journal entries — accruals (port, terminal, charter/slot, agency), prepayments, provisions as determined by the Finance Manager, and reclassifications — with complete supporting workings.
• Prepare bank, balance sheet, AP, AR and intercompany reconciliations; clear reconciling items and escalate aged items.
• Complete assigned close tasks within the Group close timetable.
• Prepare draft monthly profit and loss, balance sheet and supporting schedules for Finance Manager review.
• Prepare the monthly Group reporting pack for assigned entities in the Group template, and intercompany balance confirmations with overseas affiliates.

Shipping revenue and cost accounting

• Extract actuals and prepare budget-versus-actual schedules to support the budget and forecast exercise.

Compliance and support

• Prepare GST return workings and audit and tax schedules; respond to auditor and tax agent queries with supporting documents.
• Maintain proper filing and documentation of accounting records and financial information.
• Comply with internal controls and finance procedures; maintain process documentation for own areas; support system testing and UAT.
• Perform other accounting duties as assigned.

Requirements

• Fresh gradutes with Degree in Accounting or Finance are welcome. Prefer candidates keen in container shipping, liner shipping, logistics or maritime industries.
• Basic understanding of accounting principles and bookeeping.
• Proficient in MS Excel, Word; knowledge of accounting software is an advantage.
• Basic understanding of IFRS and Singapore accounting.
• Meticulous, organised and able to work independently.
• Good communication skills and able to work with overseas offices, Group Finance, Operations and Commercial teams.