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Group Accountant - Oil and Gas

Group Accountant - Oil and Gas

Chronos Consulting
Early Applicant
  • Posted 13 days ago
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Job Description

Group Accountant

Industry - Oil and Gas

Location - Jurong East, Singapore

Reports to - Group Finance Controller, with functional accountability to the Group Finance Director.

Role purpose

Ownership of the full set of accounts along with the group-level schedules supporting consolidation, the board pack and statutory audit. This is a hands-on role covering month-end close, statutory reporting and financial controls for the group's head-office entity. As the sole accountant, you will be fully accountable for accurate, first-time-right numbers and maintaining a robust statutory file that stands up to audit without rework.

Key responsibilities

Financial reporting and month-end close

  • Own the full set of accounts: general ledger, accounts payable, accounts receivable, fixed assets, accruals, prepayments, bank and intercompany reconciliations.
  • Deliver month-end close in accordance with group reporting calendar and submit the entity pack and supporting schedules to group consolidation without rework.
  • Own intercompany discipline for the entity: intercompany billing, management fee recharges, AP/AR contra entries, and agreement of balances with each counterparty before submission.
  • Account for cash concentration interest and the related withholding tax, with the treatment agreed with the tax advisor and documented.
  • Prepare and publish the group monthly exchange rates used across group reporting. (this is normally under Treasury Manager function)
  • Coordinate the monthly pre-close and forecast submissions from country finance team where the group-level schedule depends on them and hold contributors to the deadline.
  • Quarterly forecasting for Holding company & Annual budget exercise.

Group schedules and analysis

  • Prepare and control the group-level schedules required for reporting and governance: SG&A and headcount cost analysis, entertainment expenditure, transition and adjusting items, and corporate card expenditure.
  • Prepare the recharge of shared and head-office costs and to the operating entities, supported by clear cost detail and agreed with the receiving entity.
  • Provide accurate financial data for group programmes such as insurance renewals, banking submissions and adviser fee negotiations.

Statutory reporting, audit and tax compliance

  • Manage the statutory audit end to end: prepare the audit file, resolve auditor queries, and deliver draft financial statements that foot, cross-reference and disclose correctly before they reach the Group Finance Director for signature.
  • Own the corporate secretarial cycle with the outsourced provider: AGM documents, directors resolutions, minutes and statutory filings.
  • Manage Singapore tax compliance with the external adviser: corporate income tax, GST, withholding tax, and BEPS 2.0 Pillar Two registration and filing obligations.
  • Maintain audit-ready documentation throughout the year and support internal audit and any control remediation.

Payments and controls

  • Act as approver in the group banking platforms within the delegation of authority, verifying supporting documentation before release.
  • Maintain the vendor master and vendor banking-detail verification for the entity to the group standard.
  • Apply segregation of duties and month-end review disciplines as documented in group finance policy and flag any breach.

Candidate requirements

Essential

  • Degree in accounting; qualified or finalist-level professional accountant (CA, CPA, ACCA or MICPA).
  • Five or more years of experience owning a full set of accounts through to statutory audit in a multi-entity, multi-currency group.
  • Working command of Singapore FRS and IFRS, and of Singapore statutory, corporate tax, GST and withholding tax compliance. This is non-negotiable: the entity is Singapore-incorporated and audited.
  • Demonstrated experience of intercompany accounting and cross-border recharges between group entities.
  • Strong Excel; ERP-literate and comfortable operating within a group consolidation submission process.
  • Precise and self-managing, and willing to chase across countries and time zones to close a schedule.

Preferred

  • Experience of a holding or head-office entity as distinct from a trading entity.
  • Private-equity-owned or group head-office environment.
  • Energy services, engineering or project-based industry exposure.

Competencies

  • Evidence-led communicator; escalates with a recommendation, not just a problem.
  • Ownership without supervision: this is the only accountant for the entity, and the month end closing activities does not get done by anyone else.
  • Numbers that foot the first time, and schedules that reconcile to the General ledger.
  • Composure across time zones: group leadership are based in Houston, Singapore and the Middle East.

More Info

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Key Skills

Intercompany Accounting

Singapore FRS

Withholding Tax Compliance

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