Location: FairPrice Hub, Singapore
Reports to: Lead, Finance Shared Services General Ledger
Role Summary:
The SSC General Ledger (GL) Assistant Manager is responsible for the hands-on execution of daily General Ledger functions within the Shared Services Centre. This role focuses on ensuring accurate, timely, and compliant transaction processing and financial reporting across all assigned entities. The position is responsible for performing month-end and year-end close tasks, preparing balance sheet reconciliations, compiling audit schedules, and executing standardized accounting processes to drive operational excellence.
Key Responsibilities:
1. General Ledger Operations
- Execute day-to-day and end-to-end General Ledger transactions and maintain accounting records for assigned entities.
- Process month-end and year-end financial close activities strictly according to the corporate timeline.
- Prepare and post journal entries, accruals, provisions, and accounting adjustments with complete supporting documentation.
- Perform balance sheet reconciliations, proactively investigating variances and resolving reconciling items within agreed timelines.
- Monitor and clear suspense accounts, ensuring timely resolution of outstanding or unallocated items.
- Maintain the integrity and accuracy of the general ledger.
- Manage and engage stakeholders across Finance and business teams to ensure timely submission of information, resolution of issues, and alignment on accounting treatments and reporting requirements.
2. Financial Reporting
- Prepare draft financial statements, trial balances, and supporting schedules in accordance with accounting standards and corporate policies.
- Compile data and generate inputs for management reporting and statutory reporting packages.
- Ensure compliance with internal controls, accounting policies and financial governance.
- Execute the end-to-end preparation and timely filing of quarterly GST returns in strict compliance with local tax authority guidelines.
3. Audit and Compliance
- Prepare audit schedules, worksheets, and documentation requested by internal and external auditors.
- Address and resolve routine audit queries and implement assigned corrective actions to close audit findings.
- Maintain compliance with statutory, tax and regulatory requirements.
- Support internal control compliance where applicable.
4. Process Improvement and Transformation
- Support continuous process improvements and standardisation across the GL function.
- Identify automation opportunities using ERP systems, workflow tools, and robotics.
- Support finance transformation initiatives, ERP implementations and system enhancements.
Job Requirements:
- Possess a Bachelor's in Accounting, CPA, or ACCA
- Hands-on experience in executing end-to-end General Ledger transactions, as well as managing month-end and year-end financial close activities under tight corporate timelines.
- Strong proficiency in preparing balance sheet reconciliations, identifying variances, and clearing suspense accounts.
- Ability to prepare draft financial statements, trial balances, and management/statutory reporting packages.
- Direct experience in preparing and filing quarterly GST returns in compliance with local tax guidelines.
- Experience preparing audit schedules and documentation, as well as addressing and resolving queries for both internal and external auditors.
- Knowledge of internal controls, financial governance, and regulatory compliance frameworks.
- Experience working with enterprise accounting software/ERP systems.
- Familiarity working within a Shared Services Centre environment handling multiple assigned entities preferred.
- Strong communication skills to collaborate with cross-functional finance and business teams to resolve issues and align on accounting treatments.
