Currently we are hiring on behalf of our client, a leading Ship Management Company, for the position of Assistant Manager - Accountant for Singapore.
Job title: Assistant Manager - Accountant
Department - Finance
Direct reports - Managing Director
Location- Singapore
Job purpose
This role will be responsible for financial reporting, analysis and finance related duties pertaining to ship management activities.
Main tasks and responsibilities
- Comply with IMS and all relevant international rules and regulations;
- Ensure all your duties in accordance with quality, health, safety, environmental and ethics policies;
- Maintain accurate accounting books of the company and manage cash flow, Perform analysis for MTD and YTD financials, actual versus prior year versus budget;
- Check and record supplier invoices and staff claims with accurate coding and breakdown;
- Issue AR invoices to Intercompany timely & perform monthly reconciliation within the Intercompany;
- Prepare payment for supplier invoices upon approval;
- Check and reply to suppliers on statement of accounts;
- Responsible for accuracy of Office expenses including record of journals for month-end reporting, implementing month-end closing process;
- Prepare monthly statutory financial statements and management financial statements, monthly Balance Sheet reconciliations, Incorporate latest financial standards;
- Prepare of timely management variance analysis reporting and consolidated reporting management;
- Assist in preparation of annual budget to management;
- Assist in quarterly reforecast process;
- Assist in analytic reviews to identify cost-reduction opportunities and achieve efficiency targets;
- Review and enhance existing finance processes and procedures and maintain sound effective internal controls for better accountability;
- Prepare annual statutory accounts for audit (audit schedules, liaison with auditors etc), assist in financial audit and provide supporting documents;
- Liaise with professional advisors (tax agent, banker, company secretary and local regulatory authorities) to prepare necessary finance documents;
- Handle bank matter and first contact point with banker;
- Work closely with the Finance department of Company&aposs and other relevant departments and offices for Ship Management activities;
- Upload financial details into group reporting system as required;
- Perform reconciliation between SAP and group reporting system for MTD and YTD;
- Assist in internal audit and provide supporting documents;
- Set up process for balance sheet review and template keeping track the movement, through worksheet or accounting tool;
- Propose a continuous performance improvement plan which will be reported and reviewed on a periodical basis;
- Support in process improvement project/s;
- Perform ad-hoc reporting, analysis and finance related duties as and when assigned.
Key interactions (Internal | External)
External: Customers | Vendors | Banks
Internal: Finance | HR & Admin | Operations | Commercial | Sales
Education requirements
Diploma/ Advanced/ Higher/ Graduate in Finance/Accountancy or equivalent.
Language requirements
English Fluent (required)
Background and experience
- Minimum 5 years proven experience in related finance & accounting roles.
- Experiencing in Strategic Financial Management, Financial Planning & Analysis.
- Proficiency in accounting software (e.g., SAP) and MS Excel.
Competencies and skills
- Excellent attention to detail with accuracy, compliance, reporting.
- Presenting financial insights to senior management.
- Cross-functional collaboration with technical, operations, procurement and other teams
- Ability to prioritise tasks and meet deadlines in a fast-paced environment.
- Positive attitude
- Effective communication skills in both written and verbal.
