accounting executive

About the Company

New Deli Food Trading Pte Ltd is a food trading business supplying a wide range of food products to customers in Singapore. We are looking for a responsible, hands-on, and detail-oriented Accountant to manage our full set of accounts and support the company's financial and operational needs.

About the Role

The successful candidate will be responsible for managing the company's full accounting cycle, including financial reporting, bank reconciliation, accounts payable and receivable, cash flow monitoring, and tax compliance.

In addition to accounting responsibilities, the candidate is expected to provide occasional support for daily business operations, particularly when team members are on leave or when additional manpower is required. This may include administrative tasks, purchasing coordination, order documentation, and other reasonable operational duties to ensure business continuity.

We are looking for someone who can work independently, take ownership of their responsibilities, and work collaboratively with the team in a growing business environment.

Key Responsibilities

1. Full Set of Accounts

• Manage the full accounting cycle, including accounts payable, accounts receivable, general ledger, and month-end closing.
• Prepare monthly management accounts, profit and loss statements, balance sheets, and cash flow reports.
• Perform bank reconciliations and reconcile supplier and customer accounts.
• Prepare and review journal entries, accruals, prepayments, and fixed asset schedules.
• Maintain accurate and up-to-date accounting records.
• Ensure timely month-end and year-end closing.

2. Accounts Receivable & Payable

• Monitor customer outstanding balances and follow up on overdue payments.
• Communicate with customers regarding outstanding invoices, payment discrepancies, and credit terms.
• Manage supplier invoices, payment schedules, and payment processing.
• Monitor accounts payable and receivable to ensure timely payments and collections.
• Identify potential bad debts and highlight overdue accounts to management.
• Assist in monitoring cash flow and working capital to support daily business operations.

3. Tax, Audit & Statutory Compliance

• Prepare GST returns and ensure timely submission in accordance with IRAS requirements.
• Assist with corporate tax computations and liaise with external tax agents where necessary.
• Prepare supporting schedules and documentation for annual audits.
• Ensure accounting records comply with applicable Singapore Financial Reporting Standards and regulatory requirements.

4. Financial Reporting & Management Support

• Prepare monthly financial reports and provide insights into revenue, expenses, profitability, and cash flow.
• Monitor operating expenses and highlight unusual variances or potential cost savings.
• Assist management with budgeting, forecasting, and financial planning.
• Monitor gross profit, cost of goods sold, and inventory valuation.
• Review accounting processes and recommend improvements to internal controls and work efficiency.

5. Operations & Administrative Support

• Provide support for daily business operations when team members are absent or additional manpower is required.
• Assist with administrative tasks, purchasing coordination, order processing, and operational documentation when necessary.
• Coordinate with warehouse and operations staff to help ensure daily orders and deliveries run smoothly.
• Assist with checking orders, stock records, supplier documents, and delivery records when required.
• Be willing to assist with other reasonable duties to maintain smooth business operations during peak periods or manpower shortages.

Requirements

• Diploma or Degree in Accountancy, Finance, or an equivalent qualification.
• Experience handling a full set of accounts independently.
• Good knowledge of Singapore accounting standards, GST requirements, and relevant statutory compliance.
• Experience in month-end closing, financial reporting, bank reconciliation, and audit preparation.
• Proficient in Microsoft Excel and accounting software or ERP systems.
• Experience in trading, wholesale, distribution, or inventory-based businesses is an advantage.
• Strong analytical, organisational, and problem-solving skills.
• Meticulous, trustworthy, proactive, and able to meet deadlines independently.
• Willing to support daily operations when required, particularly during staff absences or manpower shortages.
• A team player with a hands-on attitude and willingness to take on reasonable duties outside the core accounting function.
• Singaporean or Permanent Resident preferred for this role

What We Offer

• An opportunity to take ownership of the accounting function in a growing food trading business.
• Direct exposure to management and business operations.
• A collaborative and practical working environment.
• Opportunities to improve accounting processes and contribute to business growth.
• Competitive remuneration based on experience and qualifications