Position Title:

Assistant Accountant

Reports To:

Finance Manager

Job Purpose:

The Assistant Accountant will be responsible for managing and providing assistance with the accounting functions for the company's operations. "On Job Training (OJT)" will be provided. Please SMS / WhatsApp to (+65) 8868 5339.

Key Responsibilities:

1. Accounts Payable & Receivable

• Process supplier invoices, contractor claims, and staff reimbursements.
• Issue receipts for collections and follow up on arrears with the managing agent team.
• Reconcile monthly residents’ payments and prepare arrears/ageing reports for Council review.
• Support legal collection cases with accurate debtor statements.

2. Financial Reporting

• Prepare monthly and quarterly financial statements for submission to the Management Council.
• Assist in preparing budgets (Management Fund & Sinking Fund) for AGMs/EGMs.
• Prepare audited financial statements and liaise with external auditors.
• Assist the Council in financial planning and provide variance analysis against budgets.

3. Compliance & Audit

• Ensure compliance with BMSMA, Strata Titles Board requirements, and relevant statutory laws.
• Prepare and submit GST returns and relevant tax documents.
• Ensure timely renewal of MCST licences and statutory payments.
• Maintain proper records for audit and compliance inspections.

4. Cash Flow & Treasury

• Monitor the daily cash flow of MCST and the company accounts.
• Ensure timely settlement of contractors, vendors, and statutory obligations.
• Forecast cash requirements and provide management with fund status updates.

5. Management Support

• Provide financial data and reports during Council/AGM/EGM meetings.
• Support members with a clear breakdown of estate financial positions.
• Assist in preparing financial presentation materials for owners’ meetings.
• Handle ad-hoc reporting, system upgrades, and internal control enhancements.

Job Requirements:

Qualifications

• Studied in Accounting, Finance, or a related discipline.
• Professional certifications (e.g., ACCA, CPA, CA) will be an advantage.

Experience

• No Minimum year of accounting experience.
• Familiarity with BMSMA, MCST accounting practices, and AGM/EGM processes will be an advantage.

Skills

• Proficiency in accounting systems (e.g., CornerStone, QuickBooks, Xero, MYOB, or property management software).
• Strong knowledge of GST reporting and statutory compliance.
• Excellent MS Excel skills (pivot tables, reconciliations, financial models).
• Strong organisational and analytical skills.

Personal Attributes

• Integrity and confidentiality in managing estate and residents’ financial data.
• Detail-oriented, meticulous, and able to meet strict deadlines.
• Strong communication skills to explain financial matters to non-financial stakeholders (e.g., Council members).
• Proactive, resourceful, and adaptable to multi-account handling.

Salary from $2K+ to $3K+, depending on the interview. Please SMS / WhatsApp to (+65) 8868 5339.