Senior Accounts Executive
Job Responsibilities
Project Accounting
- Manage Work in Progress (WIP) project costs and revenue.
- Perform WIP reconciliations between subledger and G/L and timely resolve any discrepancies. Reconcile and maintain project-related balance sheet specifications.
- Prepare WIP schedules and monitor project progress.
- Identify and flag variances between estimated and actual costs. Liaise with the project teams regarding cost control, issues to be resolved, provide (un)solicited insights and recommendations.
- Prepare and present weekly project related reports (i.e. manhour forecast, invoicing and open debtors).
- Perform accurate posting of project related (adjusting) Journal Entries.
- Apply appropriate revenue recognition methods (percentage-of-completion (POC), completed contract).
- Recommend improvements to project accounting workflows to enhance efficiency and accuracy.
Stock Accounting
- Monitor and reconcile inventory movements (receipts, issuances, transfers, and adjustments) to ensure accurate stock records. Flag up and resolve inaccurate stock records.
- Reconcile inventory accounts and resolve discrepancies between inventory sub-ledgers and GL balances.
- Perform stock-related journal entries (i.e. stock adjustments, revaluations, credits and claims).
- Monitor inventory costs to ensure alignment with budgets and cost objectives.
- Prepare stock schedules, maintain stock-related balance sheet specifications.
Routine (AR/AP/Claims/Cash)
- Handle full sets of the Accounts Payable (AP) function (80% of time) and Accounts Receivable (AR) function (20% of time).
- Processing batch and ad-hoc payments.
- Handle staff claims.
- Assist in handling bank/cash and other postings in the financial accounting system(s).
Period Close / Ad-hoc
- Assist in month-end / year-end closing tasks.
- Provide support during annual audit review.
- Any ad-hoc related matters as assigned and special projects.
Qualifications and other Relevant Knowledge
- Degree/Diploma in Accounting, Finance, Business, or an equivalent qualification.
- Accounting knowledge or willingness to develop.
- Proficient in MS Office applications.
- Excellent MS Excel skills.
- Good communication skills both written and oral, able to communicate effectively with other departments and third parties.
- Ability to work under pressure, meet tight deadlines.
- Team player, willing to learn.
Employer questions
- Which of the following statements best describes your right to work in Singapore?
- What's your expected monthly basic salary?
- Which of the following types of qualifications do you have?
- How many years' experience do you have as an Accounts Executive?
- How many years of accounts payable experience do you have?
- Do you have previous invoicing experience?
- How many years of accounts receivable experience do you have?
- Which of the following Microsoft Office products are you experienced with?
Company profile
Fokker Services Group is an independent aerospace service company with a global reach. Providing comprehensive solutions from its five facilities in Europe, Asia and the Americas, Fokker Services Group is a key partner for regional, narrow-body and wide-body platforms in the Commercial, VIP, Cargo and Defense markets.
The organization offers a unique set of capabilities, products and services: ‘Modifications & Engineering Services’ for the latest technical solutions; ‘Component & Material Services’ such as nose-to-tail programs, exchange services, component repairs, parts manufacturing and spares deliveries; ‘Airframe Services’ for aircraft MRO including lease transitions and painting;