Checking job availability...
Original
Simplified
Key Responsibilities:
- Letter of Credit (L/C) Management:
- Review and verify documents to ensure compliance with L/C terms, sales agreements, and customer requirements.
- Monitor deposit and L/C issuance to secure timely payments before shipment.
- Address L/C-related inquiries, discrepancies and processes efficiently.
- Financial Accounting:
- Prepare, analyze, and reconcile financial statements, ensuring accuracy and compliance with guidelines.
- Oversee accounts receivable and payable, including ledger reconciliation and transaction accuracy.
- Manage GST returns, tax reporting, and liaise with IRAS for tax-related matters.
- Conduct budgeting, working capital, and cash flow management.
- Prepare annual budgets and support financial audits.
- Perform inter-company and bank reconciliations, resolving outstanding issues.
- Collaboration and Compliance:
- Work closely with traders, operations teams, and other departments to ensure seamless execution of customer requirements.
- Ensure adherence to financial compliance and reporting standards.
- Support audits and group consolidation processes
- Provide excellent customer service by addressing operational inquiries related to documentation and payments.
- Ad-Hoc Duties:
- Support general administrative tasks, and other responsibilities as assigned by the team leader or superior.
Requirements:
- Diploma or Degree in Accounting, Finance, or a related field.
- Minimum 5 years of relevant experience, with strong knowledge of Letter of Credit (L/C) processes.
- Proficiency in financial accounting, including tax reporting and compliance.
- Advanced skills in Microsoft Excel and Word.
- Detail-oriented, responsible, and capable of working both independently and in a team.
Preferred Skills:
- Experience in budget preparation, GST reporting and cash flow analysis.
- Familiarity with inter-company and bank reconciliations.
- Ability and knowledge to handle L/C application processes with banks, suppliers, and customers.