Finance Executive

Job Description: Finance Executive Position Finance Executive Department Finance Location Singapore Reports To Finance Manager Position Summary The Finance Executive is responsible for managing the full spectrum of accounting functions, ensuring accurate financial reporting, maintaining statutory compliance, and supporting the day-to-day financial operations of the company. The role includes handling full set of accounts, coordinating with external auditors, tax agents, and regulatory authorities, while ensuring compliance with Singapore Financial Reporting Standards (SFRS) and statutory requirements. Experience in the automotive industry, including vehicle sales, after-sales service, spare parts inventory, and dealership operations, will be an added advantage. Key Responsibilities Financial Accounting Handle the full set of accounts, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), fixed assets, and bank reconciliations. Prepare monthly, quarterly, and annual financial statements in accordance with SFRS. Perform month-end and year-end closing activities accurately and within reporting deadlines. Maintain accurate accounting records and ensure proper documentation of financial transactions. Reconcile balance sheet accounts and investigate any discrepancies. Financial Reporting & Analysis Prepare management reports, schedules, and financial analyses. Assist in budgeting, forecasting, and cash flow management. Monitor financial performance and highlight variances to management. Support business units by providing financial information and analysis for decision-making. External Audit & Tax Act as the primary liaison with external auditors during statutory audits. Prepare audit schedules, supporting documents, and respond to audit queries promptly. Coordinate the annual audit process to ensure timely completion. Liaise with tax agents on corporate income tax, GST filings, and tax compliance matters. Prepare and provide information required for tax submissions and assessments. Assist in implementing recommendations arising from external audits and tax reviews. Compliance Ensure compliance with Singapore Financial Reporting Standards (SFRS), Companies Act, GST regulations, and IRAS requirements. Maintain proper accounting policies, procedures, and internal controls. Support compliance with internal company policies and external regulatory requirements. Accounts Receivable & Payable Monitor customer collections and follow up on overdue accounts. Process supplier invoices and ensure timely payments. Perform vendor and customer account reconciliations. Maintain accurate aging reports for receivables and payables. Treasury & Cash Management Prepare bank reconciliations and monitor daily cash balances. Process payment runs and electronic fund transfers. Assist in cash flow forecasting and working capital management. Inventory & Fixed Assets Maintain accounting records for inventory movements and fixed assets. Assist with periodic inventory counts and reconciliation with accounting records. Ensure accurate capitalization and depreciation of fixed assets. Process Improvement Identify opportunities to improve accounting processes and internal controls. Participate in finance-related system enhancements and process automation. Support finance projects and continuous improvement initiatives. Other Duties Support ad hoc finance and administrative projects as assigned. Provide assistance during budget preparation, financial reviews, and business planning exercises. Perform any other duties assigned by the Finance Manager. Experience Minimum 3–5 years of relevant accounting experience. Experience handling a full set of accounts is essential. Experience in the automotive, retail, distribution, or manufacturing industry is preferred. Experience working with ERP/accounting systems such as SAP, Microsoft Dynamics, Oracle, AutoCount, or similar accounting software is an advantage.