Job Description
The incumbent will manage day-to-day general ledger activities, oversee the consolidation of financial results from multiple entities, and ensure compliance with the Singapore Financial Reporting Standards (SFRS). The role also encompasses tax-related responsibilities, including GST, corporate tax, and deferred tax provisions, and supports the preparation of annual reports, budgeting, and financial forecasts.
The Role
- Prepare and post journal entries accurately and timely in accordance with Singapore Financial Reporting Standard (SFRS) and accounting principles.
- Perform monthly reconciliations of balance sheet and P&L accounts, ensuring all discrepancies are promptly addressed.
- Perform Variance analysis and prepare reports on financial performance.
- Oversee and manage the consolidation of financial results from multiple entities within the organisation.
- Prepare consolidated financial statements and reports, including balance sheets, profit and loss statements and cash flow statements.
- Support in taxation encompasses GST, corporate tax, deferred tax provision, property tax, and license fee computations, ensuring accurate reporting, timely filings, and compliance with applicable regulations.
- Assist with the timely preparation and completion of the annual report and ensuring compliance with Financial Reporting Standards
- Support in the preparation of budget and forecast, providing input on financial projections based on consolidated results.
- Assist with preparation and timely submission of Extensible Business Reporting Language (XBRL) financial statement for annual filing
- Furnish financial information to department of statistics and other government bodies
- Initiate and identify process improvements related to financial reporting and consolidation to improve efficiency and accuracy
- Coordinate and assist with internal and external audits, including stock-take and other audit deliverables.
- Collaborate with other finance teams to ensure smooth financial operations.
- Any other tasks as assigned.
The Requirement
- Bachelors degree in accountancy or equivalent with minimum 3 years of relevant working experience.
- Experience with group consolidation.
- A self-starter, with good problem-solving skills and attention to details.
- Ability to communicate with various levels of management, with demonstrated track record on collaboration.
- Strong knowledge of accounting standards, Singapore tax and GST regulations, and statutory compliance.
