FINANCE EXECUTIVE(AR/AP)

About the Role Finance Executive (Accounts Payable / Accounts Receivable) is responsible for supporting both the Company's Procure-to-Pay (P2P) and Order-to-Cash (O2C) cycles, covering Accounts Payable (AP), Accounts Receivable (AR), daily revenue reconciliation, supplier payment processing, customer receivables, bank reconciliations, and month-end financial closing. Reporting directly to the Finance Manager, this role supports both the Spa & Wellness and Food & Beverage (F&B) business units, ensuring accurate financial records, strong internal controls, compliance with Singapore Financial Reporting Standards (SFRS(I)), and efficient finance operations. Key Responsibilities Accounts Payable (AP) · Manage the end-to-end Procure-to-Pay (P2P) process, including purchase orders, supplier invoices, invoice verification, and payment processing. · Process supplier invoices accurately using the Info-Tech Financial System. · Prepare payment schedules and execute supplier payments according to approved payment terms. · Maintain supplier master data, reconcile supplier statements, and resolve invoice discrepancies. · Monitor accounts payable ageing and outstanding balances to ensure timely settlement. Accounts Receivable (AR) · Perform daily revenue reconciliation between POS, cashier reports, payment platforms, bank receipts, and accounting records. · Reconcile all payment channels including cash, credit cards, QR payments, vouchers, prepaid membership cards, and online platforms. · Manage Accounts Receivable records, customer balances, ageing reports, collections, and bad debt follow-up. · Handle prepaid membership card accounting, contract liabilities, and revenue recognition in accordance with SFRS(I) 15. · Calculate technician commissions accurately according to company policies. General Finance Responsibilities · Perform daily bank reconciliations and investigate discrepancies. · Prepare daily, weekly, and monthly financial reports and management reports. · Support month-end, quarter-end, and year-end closing, including AP & AR reconciliations, accruals, revenue journals, expense analysis, and contract liability reconciliations. · Assist with annual external audits by preparing schedules, confirmations, supporting documents, and audit enquiries. · Ensure compliance with company policies, internal controls, procurement procedures, GST requirements, and Singapore financial regulations. · Participate in finance system enhancements, process improvements, ERP/POS integration projects, and internal control initiatives. · Work closely with Procurement, Warehouse, Operations, Front Office, HR, and Finance teams to ensure accurate financial reporting. Requirements · Diploma or Bachelor's Degree in Accounting, Finance, or a related discipline. · Minimum 2 years of finance experience in Accounts Payable, Accounts Receivable, or General Accounting. · Experience in Hospitality, Spa & Wellness, Retail, or Food & Beverage (F&B) industries will be an advantage. · Good understanding of AP, AR, revenue reconciliation, supplier payments, customer collections, and month-end closing. · Familiar with Singapore GST regulations and Singapore Financial Reporting Standards (SFRS(I)), especially SFRS(I) 15, is preferred. · Experience using Info-Tech Financial System, ERP systems, POS systems, or other accounting software. · Proficient in Microsoft Excel, including PivotTables, VLOOKUP/XLOOKUP, SUMIFS, Power Query, and advanced Excel functions. · Strong analytical, organisational, and problem-solving skills with excellent attention to detail. · Able to work independently, manage multiple priorities, and meet reporting deadlines. · Good communication and interpersonal skills.