Finance Executive (5.5 days working)

Roles & Responsibilities

Managing the Finance & Accounting function

· Manage full set of Accounts

· Efficient administration and governance of all accounting processes

· Budgeting/Planning, finalization of P&L, Balance sheet, manage the Cashflows and prepare Cash flow forecasts

Petty cash

· Checking on Petty cash ledger and entries – Weekly

Bank

· Daily reconciliations of all bank accounts and sending report to Head of Finance.

· Prepare and send collection and payment report – Weekly

· Send weekly cash balance report.

Tally entries - Enter accurate and timely data into the accounting system

· Posting of all payments, receipts and journals in Tally – Daily

· Tuition fees - tabulating data into a Journal and loading the tuition fees invoice entries to Tally

· Debtor Ageing - Checking daily collection and update debtor outstanding

· Debtors ageing analysis monthly, follow up with tutors on collection of fees outstanding

· Payments to Vendors and reimbursements, deposit & tuition fee refund, excess payment via bank transfer after approval

· Preparation of invoices to external classes and performances & posting of invoice in Tally.

· Calculate depreciation, maintain fixed asset schedule and update adjustment journals in Tally.

· Transfer of students advance payment for all the student by tutor monthly.

· Posting of other receipts, donations and credit card entries.

· Prepare Tutor incentive for payment from the monthly collection report.

· Prepare payroll, payment via online, submit CPF online

· Perform month-end closing activities.

Reports - Maintain accurate financial records and statements.

· Preparation monthly debtor ageing report, Daily collection report

· Finalizing profit & loss and balance sheet, Monthly management Report (with Variance & Explanation)

· Quarterly preparation of GST and Online filing of GST Returns

· Submission of withholding tax, IR8A, IR21 to IRAS via online

· Preparation of annual financial statement, audit schedule and supporting documents for balance sheet items.

· Oversee Reconciliation of daily collection & prepare daily collection report (DCR), non- reconciled & fee outstanding.

· CMF audit and yearly submission of annual audit to MCCY

· Any other duties assigned by Head of Finance.

Working Days : 5.5 days

Tell employers what skills you have

Charter
Interpersonal Skills
Tax
Tuition
Administration
Payroll
Accounting System
Accounting
Team Player
Excess
Cash Flow
Pricing
Audit