Megala M S
Finance Executive at AWWA Ltd- Claim this Profile
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Bio
Credentials
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Internal Controls (II) An introduction to its guidelines & Applications
NCSSJan, 2020- Nov, 2024 -
Internal Controls (I) An introduction to its guidelines & Applications
NCSSJan, 2018- Nov, 2024 -
Charities Accounting Standard and its application
NCSSJan, 2017- Nov, 2024
Experience
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AWWA Ltd
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Singapore
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Civic and Social Organizations
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200 - 300 Employee
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Finance Executive
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May 2017 - Present
I was appointed to handle operations and finance logistics for the Accounts Payable and Procurement departments. As part of my Procurement responsibilities, I managed the internal procurement portal and NetSuite system, which included raising purchase requisitions, posting goods receipts, and creating vendor records. I was also in charge of the tender process, where I obtained quotations, conducted bid analysis, and evaluated tenders. Additionally, I managed supplier performance and negotiated quotation prices with suppliers. In terms of Accounts Payable responsibilities, I managed the entire accounts payable process, from receiving and processing invoices to verifying them. I performed monthly bank reconciliations, prepared financial reports, and processed intercompany payments and salary transfers. I also verified payment documents and handled 2 Way/3 way matching purchase contracts. Whenever discrepancies arose in purchase orders, invoices, and payments, I resolved them promptly. Another crucial aspect of my job was generating payment to vendors and ensuring compliance checks. I developed and maintained an efficient filing system for all Accounts Payable information, records, and documents to ensure easy access when needed. Highlights: (Project Involvement) ★ Involved in User Acceptance Testing of the Procurement Module (NetSuite System) for the migration of SAP to NetSuite (Improvement Initiatives) ★ Digitalization efforts - scanning invoices and archiving, vendor excel datasheet development, and online payments (Cost Savings Initiatives - Contract Negotiation) ★ Aircon contract - $26K (12% of total amount) ★ CCTV Maintenance and Installation - $21k (5% of total amount) Show less
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National University of Singapore
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Singapore
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Higher Education
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700 & Above Employee
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Management Assistant Officer (Finance)
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Jul 2014 - May 2017
I was appointed to handle finance operations for both the Accounts Receivable and Accounts Payable departments. As part of my role in Accounts Receivable, I generated invoices and collected payments from customers. I monitored customer account details for payment irregularities and performed credit control duties to ensure timely payment. Additionally, I prepared monthly ageing reports and performed account reconciliations between SAP and the Hostel Billing System. Similar to my previous role at AWWA Ltd, I was also responsible for Accounts Payable duties. Highlights: (Improvement Initiatives) ★ Came up with FAQs especially for finance related queries to better assist the front desk team, resulting in a reduction of response delays Show less
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Education
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University of London
Bachelor of Science (BSc), Management -
Temasek Polytechnic
Diploma in Hospitality and Tourism Management -
Institute of Technical Education
Higher Nitec in Accounting