Executive, Accounts (Entry-level)

Responsibilities

Day-to-day accounting

Maintain complete, accurate and timely accounting records for CUL Singapore HQ and assigned affiliated entities in accordance with IFRS/SFRS(I), Group accounting policies and Singapore statutory requirements.

Accounts payable: verify and code supplier invoices (vessel/voyage expenses, terminal charges, container-related costs, agency and overheads), match to supporting documents, and prepare payment runs for approval.

Accounts receivable: raise customer and agent billings, apply receipts, monitor ageing, follow up on collections, and prepare statements of account.

Post daily bank transactions and monitor bank balances for Singapore HQ and assigned entities; prepare fund transfer requests and remittance documentation for approval, and follow up with banks and Group HQ finance on collection and transfer status.

Check vouchers and supporting documents for completeness, correct coding and approval before posting; escalate unusual or significant transactions to the Finance Manager.

Month-end and year-end close

Prepare and post journal entries — accruals (port, terminal, charter/slot, agency), prepayments, provisions as determined by the Finance Manager, and reclassifications — with complete supporting workings.

Prepare bank, balance sheet, AP, AR and intercompany reconciliations; clear reconciling items and escalate aged items.

Complete assigned close tasks within the Group close timetable.

Prepare draft monthly profit and loss, balance sheet and supporting schedules for Finance Manager review.

Prepare the monthly Group reporting pack for assigned entities in the Group template, and intercompany balance confirmations with overseas affiliates.

Shipping revenue and cost accounting

Extract actuals and prepare budget-versus-actual schedules to support the budget and forecast exercise.

Compliance and support

Prepare GST return workings and audit and tax schedules; respond to auditor and tax agent queries with supporting documents.

Maintain proper filing and documentation of accounting records and financial information.

Comply with internal controls and finance procedures; maintain process documentation for own areas; support system testing and UAT.

Perform other accounting duties as assigned.

Requirements

Fresh gradutes with Degree in Accounting or Finance are welcome. Prefer candidates keen in container shipping, liner shipping, logistics or maritime industries.

Basic understanding of accounting principles and bookeeping.

Proficient in MS Excel, Word; knowledge of accounting software is an advantage.

Basic understanding of IFRS and Singapore accounting.

Meticulous, organised and able to work independently.

Good communication skills and able to work with overseas offices, Group Finance, Operations and Commercial teams.

China United Lines (CULINES) was established in 2005 with its headquarters in Singapore. We have been focusing on both short and long-haul trades. In 2021, we expanded into TP and European markets. Over the years we have established an international network covering coastal ports in Chinese mainland and other countries such as Hong Kong, Taiwan, Japan, South Korea, Southeast Asia, South Asia, and the Middle East. We also have a comprehensive agency network comprising of 3rd party, joint ventures and fully owned agents that support providing customers with high quality and value-added logistics services.

We are equipped with an international management team, excellent IT system, and digital service platform. As a socially responsible enterprise, we will continue to provide customers and partners with efficient, economical, and reliable services and create more values to benefit the society. During 2021, our Alphaliner ranking has improved from No. 79 to No. 23 and we became the second Chinese mainland-based carrier offering regular China-U.S. and China-Europe services.

With operations spanning major trade routes across Asia, Europe, the Middle East, and North America, CU LINES offers employees a truly global perspective. You’ll work with international teams, gain exposure to diverse markets, and play a critical role in connecting global trade.

In 2022, let’s go hand-in-hand towards a new chapter of CULINES! All talents around the world are welcome to join our team!

If you are the one we are looking for, please do not hesitate to contact us.