Finance Associate

Waystone leads the way in specialist services for the asset management industry.

Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years' experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

All WAYSTONE employees are expected to demonstrate our core competencies as outlined below. The role Senior Associate - Finance has unique requirements and duties; however, these responsibilities are to be executed within the organization's framework of core values. WAYSTONE expects all employees to be high performing, self-motivated, learners and leaders.

Summary: Reporting to the Financial Controller, the Finance Associate will be an integral part of the team's success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Finance Function

• Handling Accounts Receivable (SOA, AR Aging Report, Payment Reminders, Invoicing/Billing, AR Reconciliation, Payment Receipts, Credit Note)
• Responsible for managing the collection of accounts receivable and controlling aging receivables by directly communicating with clients via email to ensure timely payments and minimize overdue balances.
• Handling Accounts Payable (Posting AP Invoices via Yooz, Payment Processing, Vendor Creation, Payment Notification, AP Aging Report, AP Reconciliation)
• Handling Intercompany accounts (Billback, Payment Processing, Payment Notification, Reconciliation)
• Processing Staff Claims via ExpenseIn and Sage Intacct.
• Daily Bank Reconciliation
• Assist in AR and AP audit confirmation circulation.
• Assist in the analysis of financial data especially on AR and AP
• Ensuring accuracy and completeness of data entry
• Providing support to Financial Controller and Senior Financial Accountant
• Contribute to various Group finance projects.
• Responsible for attending to any ad hoc duties as assigned.

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

• 5 years in Finance administrator role.
• Singapore Accounts experience is an added advantage.
• Knowledge on Singapore GST
• Must be process-oriented, disciplined, and have attention to detail with an eye for accuracy.
• Good English written and verbal communication, problem-solving and analytical skills required.
• Proficiency in Microsoft Office - Excel.
• Ability to work as part of a team which shares a common goal.
• Ability to use initiative and seek direction when appropriate.
• Ability to multi-task and prioritise competing demands.
• Proficiency in accounting software -Sage Intacct is an added advantage.

Education:

• Bachelor's degree in Accountancy/Commerce/Business Administration