Accounts Executive

Job Responsibilities

The role holder reports to the Finance Manager (Porsche).

General Ledger

• Ensure accurate and timely closing of monthly accounts.
• To maintain the general ledger system up to trial balance and ensure that all accounts are reasonably accurate.
• Analysis of financial reports for unusual/extra-ordinary items and to write brief note of explanation for such items.
• Prepare GP margin analysis by car model – monthly.
• Reconcile all balance sheet items to sub-ledgers and do a monthly analysis of all current accounts.
• To supervise in the maintenance of the accounts payable system.
• To supervise in the maintenance of the accounts receivable system.
• Supervision of daily work done by accounts assistants and monitoring their performance.
• Liaise with Operations to resolve on any discrepancy or outstanding issues.

Others

• Cash flow analysis – weekly update of cash inflows and reporting to Manager on major inflows.
• Assist in GST reporting (Output tax) and audit requests.
• Assist in vehicle costing.
• Year-end closing of accounts includes participation in stock-take and liaising with auditors.
• Liaise with bankers on banking matters such as L/C, T/R and invoice financing.
• Liaise with tax agent on corporate tax submission and preparation of tax computation.
• Checking GST schedules and returns.
• Preparation of budget and forecast.
• Prepare monthly sales commission and checking of incentives.
• Fixed assets file maintenance.
• Review monthly inter-companies balances and transactions.
• Participate in reviewing processes periodically to ensure effectiveness and efficiency.
• Assist in automation projects.
• Ad-hoc duties as assigned.