Position Summary
Oversee the finance and accounting functions of the Sales Co operations in Singapore, Vietnam and Philippines as well as for the financial and statutory requirements of the Parker Singapore legal entity. This includes being responsible for the supervision and efficient operations of the accounting team and internal controls and ensuring the proper keeping of accounting records in accordance with corporate policies, local regulatory requirements, US GAAP and local FRS.
Other functions include annual budgeting, regular forecasting, cash management, corporate governance, compliance with corporate policies and SOX controls, participating in business strategy planning, reviewing of work process to improve operations efficiency and internal controls.
Responsibilities
- Ensure all Corporate, financial, and internal control policies and procedures are followed; and local company policies/procedures are developed, implemented and maintained/monitored.
- Provide business partner to management team and business advice and support to SOM and various operations.
- Ensure integrity of financial accounts and reports
- Manage the accounting functions to ensure accurate and timely reporting of all financial and management reports.
- Responsible for annual budgeting, business planning and other regular forecasting.
- Monitor and ensure compliance with corporate policies, internal control procedures and Sarbanes-Oxley requirements (including maintaining of Sarbanes Oxley documentation).
- Ensure compliance regarding Companies Act, corporate tax, indirect tax and any other local regulations.
- Supervise the accounting team and provide necessary leadership, strong guidance and development of staff.
- Ensure proper costing and accounting of the value-added and revenue recognition (in accordance with US GAAP on revenue recognition).
- Manage the cash flow of the company and assist in treasury (including liaising with bankers)
- Liaise with external auditors on statutory audits.
- Tax preparation (local and US tax reporting) and liaise with the external tax agent on the tax computation.
Qualifications
- Degree in accountancy, Chartered Accountant or ACCA.
- Minimum 10 years of working experience, with at least 5 years working in or for a Singapore incorporated entity.
- Working experience in US or international MNC with either industrial or manufacturing activities.
- Experience and good working knowledge of ERP system (knowledge of JDE will be an added advantage).
- Familiar with the full spectrum of accounting functions.
- Familiar with the local accounting standards and some knowledge of US GAAP and Sarbanes Oxley.
- Familiar with Income Tax and GST.
- Key attributes required – honesty, hands-on, independent, analytical, initiative, detailed and objective driven as well as ability to understand business issues.
- Team player with good inter-personal and English communication (written and verbal) skills
- Supervisory experience with ability to lead and motivate a team.
- Enjoy working with different functions and their stakeholders.
