Accounts Executive (Construction)

Responsibilities

• General Accounting
• Handle full sets of accounts (AR, AP, GL, and bank reconciliation).
• Maintain accurate and up-to-date accounting records in accordance with company policies.
• Prepare monthly, quarterly, and year-end closing reports.
• Work with outsourced accounting team to process journal entries, accruals, and adjustments.
• Accounts Payable (AP)
• Verify supplier invoices, purchase orders, and delivery orders for accuracy.
• Process payments to suppliers, subcontractors, and vendors according to payment terms.
• Monitor retention sums and progress payments related to construction contracts.
• Accounts Receivable (AR)
• Prepare customer invoices and follow up on payments.
• Monitor aging reports and ensure timely collection.
• Handle progress claims and coordinate with project teams for billing accuracy.
• Banking and Cash Management
• Perform bank reconciliations and petty cash management.
• Audit, Taxation & Compliance
• Work together with outsourced accounting team to facilitate annual audit, tax submissions, and government reporting (GST, CPF, IRAS, etc.).
• Ensure compliance with accounting standards and company internal controls.
• Administrative Support
• Maintain proper filing and documentation of accounting records.
• Support ad-hoc duties assigned by management or finance department.

Requirements

• Diploma or Degree in Accounting, Finance, or equivalent qualification.
• Minimum 5 years of accounting experience, preferably in construction or project management industry.
• Knowledge of progress billing, retention, work in progress and project costing will be advantageous.
• Proficient in accounting software Xero.
• Good understanding of Singapore accounting and tax regulations.
• Meticulous, organized, and able to work independently under tight deadlines

Additional Information

Experienced Accounts Executive / Accountant (Construction / Project Management) To perform day-to-day accounting and ensure accurate financial reporting for the company's projects. The role supports project cost monitoring and compliance with statutory requirements.

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