Accountant (Hospitality)

DUTIES & RESPONSIBILITIES:

Accounts

• Prepare monthly financial statements and reports.
• Prepare, review and analyze all accounts before issuing monthly financial statements and reports.
• Prepare timetables for completing monthly reports and work schedules.
• Perform posting of journals and journal vouchers and ensure they are properly recorded and accurate.
• Manage prepaid and accrued expense monthly allocations and other allocated expense calculations to ensure they are properly accounted for.
• Assist in developing working procedures of all finance department positions as they relate to the overall workflow on the reporting system.
• Maintain and assist in implementing proper internal control procedures and advise the Financial Controller of any non-compliance or weakness.
• Perform bank reconciliation and month-end reconciliation of all general ledger balances.
• Verify that the general ledger and sub-ledger postings are accurate, ensure that general ledger and sub-ledger balances correspond and all contra/clearance accounts are cleared at month-end.
• Verify inventory count and review monthly costing report and verify the proper booking of the costs.
• Assist in formulating financial and internal control policies and procedures.
• Safeguard and maintain all contracts, agreements, licenses and insurance.
• Supervise the different finance functions (including but not limited to Accounts Payable, Account Receivable, Income Audit and General cashier) to ensure adequate control and accuracy of works done.
• Assist in preparing financial forecast & budget.
• Prepare input/output tax details for quarterly GST submission by owning company’s tax agent.
• Maintain close communication with the public auditors and communicate instructions for the preparation of internal and external audits, preparing all necessary data and documents.
• Liaise with management and/or owning company’s staff on ad-hoc matters.
• Work closely with the Financial Controller for any special reports as required.

Payroll

• Work closely with the HR department.
• Verify basic payroll information from source documents.
• Verify information on Employee Action Form and update payroll system accordingly.
• Compute overtime and part-timer’s pay for approval.
• Prepare payroll worksheet and monthly reconciliation for approval with supporting documents and reports from payroll software.
• Submit CPF filing and annual IR8A information to IRAS.
• Any other duties as directed.