Accounts Executive (Construction)

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. Key Responsibilities 1. 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. 2. 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. 3. 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. 4. Banking and Cash Management · Perform bank reconciliations and petty cash management. 5. 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. 6. 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