Sophie ONG

In charge daily accounts payable and receivables.

Prepare monthly statement of accounts

Prepare monthly journal, bank reconciliation for month-end closing.

Issuing invoices to clients.

Increased client satisfaction by effectively managing accounts receivable and payable processes.

Ad-hoc duties assigned.

• In charges daily AP payment & AR payment receipts for a small size local company
• Liaise with customers, chasing payment and prepare SOA by monthly basic
• Prepare monthly management report
• Prepare monthly bank reconciliation (around 18 pages per month)
• Perform month end closing such like: Journal entries
• Prepare weekly forecast
• Perform quarterly GST reconciliation report.
• Conducted thorough account reconciliations, promptly resolving any discrepancies or irregularities identified during the process.

• Oversees daily AP& AR entries
• Liaise with customers for chasing payment and answer customer query
• Prepare monthly management report and any ad-hoc report by HQ-HK
• Prepare monthly bank reconciliation
• Release monthly payroll and submit CPF submission
• In charges of monthly cash flow, quarterly forecast and yearly budget report
• Perform corporate income tax preparation and liaise with tax agent
• Prepare quarterly GST reconciliation and submission
• Prepare audit schedule and support to the auditor
• Set up accounting system for Vietnam office: liaise with outsource accounts team.
• Prepared monthly journal entries and reconciliations.
• Reconciled accounts and created documents for monthly closure procedures.

• Supports the financial accounting team as needed on month-end and year-end closing
• Ensure the timely reporting of all monthly financial information
• Supervise the general ledger group to ensure all financial reporting deadlines are met
• Liaise with external auditors, bankers, legal and tax advisors on related matters
• Establish and implement accounting and financial policies and procedures to ensure compliance with accounting standards and Group financial policies
• Monitors and analyses department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
• Provide training to new and existing staff as needed
• Assist in development and implementation of new procedures and features to enhance the workflow of the department
• Any other ad-hoc duties.

• To handle full set accounts of the companies (Set up the accounting system for the company) including month end closing, financial reporting, financial analysis, internal control, forecast & budget, calculate job costing, preparing journal of accruals & prepaid, bank reconciliation, GST submission (registering for the company) and others reports which submitting to Government (Such like Form ECI, Claim with Productivity and Innovation Credit Scheme)
• Handle payroll function including leave calculation, CPF submission, NS reservist claim, preparing IRA8 form, claim Skill Development Fund from WDA and claim for staffs’ maternity and child care leave from government with timely and accurate processing of monthly payroll for the company
• As a financial consultant of the company (Achievement: whether need to submit withholding tax for foreign consultant) for execute an appropriate and effective company policy is in compliance with approved accounting regulations, standards and practice
• As an administration of the company who liaise with landlord, network supplier and coordinate between management and ground staff (Achievement: Arrange to relocate for the company)
• To supervise (work with 1 Accounts Assistant) the daily finance activities of accounts department includes AP & AR’s transaction and monitor the cash flow to ensure the accurate for all data entries
• Assist on other finance related matters and ad hoc project.
• Handled day-to-day accounting processes to drive financial accuracy.
• Reconciled accounts and reviewed expense data, net worth, and assets.

• Prepare Quarterly Tonnage Report for rebate grant by Changi Airport Group
• To handle full set of accounts for Vietnam branch
• Release salary to Vietnam colleague through internet banking
• Prepare monthly worksheet of accrual and prepayment to manager for journal entry
• Check and generate non-trading AR and AP (invoices and receipt) monthly
• Checking job costing shipment by shipment before month end closing
• Prepare shipment profit schedule to sales department as per request
• Prepare audit schedule
• Process all non-trading invoices and payment (e.g., Crimsonlogic, Cargo Community Network)
• Issue debits note to intercompany
• Prepare GST report and quarterly filling GST return via internet
• Monitor cash flow, maintenance the level as per request
• To handle customers payment by check and telegraphic transfer daily basic and prepare AR Aging Report to manager and sales department
• Prepare payment voucher for vendor by monthly and submit AP report to manager to verify
• Fill up telegraphic transfer form for oversea vendor and key in this transaction in system
• Issue check for all payment of the company
• Prepare bank reconciliation.
• Conducted thorough account reconciliations, promptly resolving any discrepancies or irregularities identified during the process.

• Served as auditor-in-charge of audits in a project management capacity
• Wrote and presented report
• Physical stock takes
• Responsible for all basic accounting functions
• Handled all corporate financial transactions
• Drafted annual financial statements
• Audited and improved client's accounting control for cash, payroll and fixed assets
• Perform auditing procedures including tracing transactions, reconciling accounting transactions, observing and documenting operations, operations counting cash funds, reviewing documents for processes, selecting and testing audit samples, analyzing data, creating data files and reports, drafting basic audit plans, programs and reports and managing office files and working papers
• Estimated tax computation
• Perform any job assigned by supervisor as required
• Collected and documented supporting evidences for senior audits
• Deal and managed audit work within the frame and reported directly to supervisor.
• Reviewed general ledger transactions to identify errors or irregular entries.
• Assessed financial statements and records.