Prepare journal entries for revenue and cost accruals
Ensure various services rendered are charge to the correct revenue GL account code and cost center
Prepare adjustment memo for billing/ credit note issuance in SAP
Raise manual Tax invoices to customers
Monthly reconciliation of actual billing against revenue accrued.
Investigate and inquire reasons for over accrual of revenue and prepare journal entries with supporting documents to reverse over accrued revenue
Ensure completeness in monthly cost accruals by liaising with the operation and commercial teams
Tracking and monitoring of cost accrued against payment
Upload and check rates in system prior to approval
Prepare memo for debt write-off or waiver of late payment interest
Review monthly inter-BU cost allocation to IPP, Intl BU cost center, analyze and provide explanation for significant variances
Involved in month-end closing with focus on the accuracy and completeness on the calculation of revenue and cost accruals
Provide timely and accurate monthly reports with analysis to CEO and Financial Controller.
Managing financial aspect of customers\' disputes/ refund claims
Assist to check and ensure that all requests for debit/credit notes are supported by relevant workings and documentation and approved by the relevant authorizer.
To prepare adjustment memo arising from customers\' disputes for refunds
Ensure correct coding of GL account and cost center
Others/ Ad-hoc
Support year-end audit including but not limited to attending to auditor queries.
Assist with annual budget process and load approved budget in SAP.
Assist in streamlining current work processes and recommend improvements to enhance efficiency, where applicable
Provide accounting and financial reporting assistance for new business initiatives/ projects under IPP.
Assist in new processes and system implementation when required.
Manage relevant stakeholders in an appropriate and timely manner.
Any other duties as assigned.
Requirements
Degree in Accountancy / ACCA or equivalent
At least 3-4 years working experience in accounting/finance preferably in logistics industry.
Exhibit a positive personality and passion towards work.
Able to solve problems independently and
Strong interpersonal skills, detail-minded, self-motivated and able to multi-task
Able to work independently with minimal supervision.
Additional Information
Career Level
Junior Executive
Qualification
Bachelor\'s Degree, Post Graduate Diploma, Professional Degree
Years of Experience
3 years
Job Type
Full-Time
Job Specializations
,
Company Overview
As Singapore\'s designated postal operator, Singapore Post (SingPost) provides mail services to homes and businesses throughout the country, besides pioneering e-commerce and logistics solutions across the Asia Pacific region and beyond. SingPost\'s diversified offering includes retail, storage, financial services and integrated business services in addition to its traditional postal activities, and the company now operates in 19 markets with over 7500 employees around the world.
The origins of SingPost can be traced back to 1819, when a single mail office was established to serve the newly-founded British trading post of Singapore. Demand for postal services soon began to grow, and the \'Post Office\' was officially established as a government department in 1858. To learn more about SingPost\'s heritage, please visit https://160.singpost.com/. Today SingPost is listed on the SGX-ST, with its largest shareholders being Singapore Telecommunications Limited (21.8%) and Alibaba Group Holding Limited (14.5%).
Being Singapore\'s designated Public Postal Licensee (PPL), a position that was renewed in 2017, SingPost is responsible for managing the country\'s 57 post offices, 743 street posting boxes and 11,050 POPStation lockers across 156 locations, as well as issuing stamps, maintaining the national postal code system, processing and delivering average 3 million mail items daily.
SingPost takes a proactive approach to diversifying its operations, while also ensuring that its various subsidiaries and services are seamlessly integrated. In addition to SingPost\'s eCommerce business, an ecommerce enabler that provides brands and retailers with integrated ecommerce solutions, SingPost offers logistics and fulfilment services to businesses through Quantium Solutions across the Asia Pacific region. Another business, Speedpost provides international shipping to more than 200 destinations across the globe and courier services within Singapore, while CouriersPlease delivers parcels throughout Australia, and Famous Holdings offers international freight consolidation and forwarding. Lock+Store offers self-storage solutions in Singapore, Hong Kong and Malaysia. Together, these end-to-end solutions result in a unified organisation with a firm foothold in a wide range of strategic markets, and a shared vision to become a global leader in both communications and e-commerce logistics.
SingPost has received international recognition for the quality of its operations, including awards for customer care, investor relations, digital innovation and e-commerce. Innovative and forward-thinking, SingPost has successfully developed a globally competitive postal and logistics infrastructure which is perfectly positioned to keep pace with Singapore\'s ambitious plans for the future.