Accounts Assistant (Internal / External)
About the company
Bestar is a dynamic, full-service accounting and corporate services firm based in Singapore, providing comprehensive solutions in accounting, corporate secretarial services, payroll, and taxation to a diverse portfolio of local and international clients. We are committed to delivering exceptional client service and upholding the highest professional standards.
Your tasks
1. Internal Bookkeeping & Data Entry
- Manage day-to-day data entry into accounting software (Xero or QuickBooks Online).
- Maintain the General Ledger, including Accounts Payable (AP) and Accounts Receivable (AR).
- Perform monthly bank reconciliations for all corporate bank accounts.
2. Invoicing & Collections
- Generate invoices for client services (Incorporation, Audit, Account, Tax, and Corporate Secretarial).
- Monitor aging reports and follow up with clients on outstanding payments to ensure healthy cash flow.
- Process staff expense claims and vendor payments via telegraphic transfers or GIRO.
3. Statutory & Tax Compliance
- Assist in the preparation of quarterly GST (Form 5) filings for IRAS.
- Compile supporting schedules for Corporate Income Tax and ECI submissions.
- Ensure all financial documents are filed digitally and physically in compliance with ACRA’s 5-year retention rule.
4. Administrative Support
- Liaise with banks for corporate account maintenance.
- Support the "One-Stop Solution" philosophy by coordinating with the Corporate Secretarial and Payroll departments for internal cross-functional tasks.
- Attend to walk-in clients, answer calls, render assistance as covering personnel when the need arise from time to time.
- Any other administrative and supporting duties within and outside the department such as rendering guidance to juniors.
Accounts and Tax Assistant (Client Services) 1. Accounting and Bookkeeping
- Handle full set of accounts for a portfolio of clients across various industries, including the preparation of monthly/quarterly/annual management accounts.
- Perform bank reconciliations, manage Accounts Payable (AP) and Accounts Receivable (AR), and maintain the General Ledger.
- Prepare unaudited financial statements and necessary accounting schedules (e.g., fixed asset registers, accruals, prepayments) for compliance filing with ACRA.
- Assist clients with year-end audit preparation, liaising with external auditors to ensure a smooth audit process.
2. Taxation and Compliance
- Compute and prepare Corporate Income Tax (CIT) returns (Form C/C-S) and the Estimated Chargeable Income (ECI) for submission to IRAS.
- Prepare and file quarterly Goods and Services Tax (GST) returns (Form 5).
- Handle the computation and filing of Withholding Tax (WHT) as necessary.
- Assist in responding to queries from IRAS and other government agencies regarding clients' tax matters.
3. Client and Team Management
- Liaise directly with clients to obtain necessary financial data and documentation and provide clear communication on compliance deadlines and requirements.
- Respond to client queries on basic accounting and tax matters professionally and promptly.
- Maintain accurate and organized physical and electronic filing of accounting and tax records.
4. Administrative Support
- Attend to walk-in clients, answer calls, render assistance as covering personnel when the need arise from time to time.
- Any other administrative and supporting duties within and outside the department such as rendering guidance to juniors.
Requirements
Education Diploma in Accountancy / LCCI Level 3 / Currently pursuing ACCA.
1–2 years in a similar role; experience in a professional services firm is a plus.
Software Proficiency in MS Excel and cloud-based software like Xero.
Technical Understanding of Double-Entry bookkeeping and Singapore GST basics.
Attributes Meticulous, proactive, and able to handle confidential financial data.
What we offer
Why Join Bestar?
- Professional Growth: Opportunity to learn from seniors who are experts in Audit, Tax, and M&A.
- Collaborative Culture: Bestar is known for a supportive SME-focused environment.
- Diverse Exposure: Even in an in-house role, you will be exposed to various business structures and international financial frameworks.