Accounts Manager

Summary:

AGI Freight is seeking a skilled and detail-oriented Assistant Accounts Manager to assist the Accounts Manager in managing the full set of accounts, including accounts payable and receivable, and ensuring accurate financial reporting and compliance. The role also includes supervising and leading a junior staff member, ensuring efficient operations.

Key Responsibilities

Accounting & Financial Management

• Assist the Accounts Manager in managing the full set of accounts, including general ledger, accounts payable, accounts receivable, and bank reconciliations.
• Assist in preparing and analyzing financial statements, including balance sheets, profit and loss statements, and cash flow statements.
• Maintain accurate and timely records for monthly, quarterly, and annual closing.
• Ensure compliance with tax regulations, filing requirements, and financial reporting standards.
• Handle fixed assets management and depreciation schedules.
• Develop and maintain effective internal financial controls.
• Assist in any other ad hoc duties as assigned by the Management.

Accounts Receivable (AR)

• Oversee the accounts receivable process, including reviewing invoice accuracy, tracking payments, and reconciling AR accounts.
• Follow up with local and overseas clients on overdue payments and manage payment discrepancies.
• Generate AR aging reports and provide insights to management.
• Liaise and work with local and overseas clients as well as internal teams to resolve invoicing or payment-related issues promptly.

Accounts Payable (AP)

• Receive freight, handling charges, and expenses from airlines, co-loaders, and vendors.
• Check and tally monthly export/import/general expenses submitted by airlines, co-loaders, and vendors against tariffs and rates in the Company’s system.
• Identify discrepancies or non-conformities and follow up with relevant stakeholders for resolution.
• Input and process all verified billings, expenses, and claims to facilitate payment.
• Prepare daily, weekly, and monthly reconciliation of payments and expenses within the agreed credit period.
• Maintain organized and accurate records of all accounts payable transactions.
• Assist in month-end and year-end closing procedures.
• Generate accounts payable aging reports and other ad-hoc financial reports as needed.
• Perform ad hoc tasks as required.

Qualifications, Skills, and Competencies

• Diploma or Degree in Accounting, Finance, or a related field.
• Proven experience managing a full set of accounts, with strong knowledge of Singapore accounting standards, GST regulations, and statutory requirements.
• Strong understanding of accounting principles, financial regulations, AP and AR processes.
• Knowledge of payroll is advantageous.
• Excellent organizational, multitasking, and time-management skills.
• Strong supervisory and leadership abilities.
• Effective communication and interpersonal skills, with the ability to liaise effectively with external auditors, tax agents, banks, and regulatory bodies.
• High level of integrity, confidentiality, and attention to detail.
• Ability to work both independently and as part of a team.