Principal Finance Executive (1 year contract) | Hampshire Road

business edge personnel services pte ltd

5-8 Years

Not Disclosed

Singapore

Posted an hour ago
Be among the first 10 applicants

Job Description

We are looking for a motivated, independent and detail-oriented finance professional to join our Finance Division as a Principal Finance Executive on a 1-year temporary contract. The successful candidate will independently manage day-to-day fixed assets accounting operations, ensuring the accuracy, completeness and timely reporting of fixed assets in accordance with Statutory Board Financial Reporting Standards (SB-FRS).

Beyond operational responsibilities, the candidate will serve as a key finance business partner, providing advisory support on fixed assets matters, resolving operational challenges and contributing to improvements in existing work processes.

Key Responsibilities

Fixed Assets Accounting & Management

Independently manage end-to-end fixed assets accounting operations for the assigned portfolio.
Handle asset capitalisation, transfers and disposals, and perform reconciliations.
Support stakeholders in completing fixed assets confirmation exercises and ensure timely resolution of discrepancies.
Manage month-end and year-end closing activities, maintain complete and accurate asset records, and address audit queries.

Asset Capitalisation & Financial Reporting

Ensure the timely and accurate capitalisation of completed contracts.
Review assets-under-construction (AUC) balances, validate asset costs and ensure appropriate accounting treatments in accordance with SB-FRS and relevant accounting policies.
Work closely with project teams and stakeholders to resolve capitalisation issues.
Support the timely preparation of financial reports and schedules.

Stakeholder Engagement & Advisory

Serve as the primary finance business partner for the assigned portfolio, advising stakeholders on fixed assets accounting treatments, asset classifications and compliance with relevant financial procedures and accounting policies.
Guide stakeholders on fixed assets processes and requirements.
Follow up on outstanding matters to ensure the timely and accurate completion of asset-related transactions.

Job Requirements

Knowledge in Accountancy or an equivalent professional qualification.
At least 10 years of relevant experience in finance or accounting, preferably in fixed assets accounting and management within the public sector or a large organisation.
Good understanding of accounting principles, SB-FRS, financial reporting and internal controls.
Meticulous with numbers, with strong analytical and problem-solving skills.
Self-motivated, resourceful and able to work independently in a dynamic environment.
Strong interpersonal and communication skills, with the ability to collaborate effectively with internal stakeholders.
Proficient in Microsoft Office applications.
Knowledge of AI tools, SAP, data analytics and visualisation tools, or Robotic Process Automation (RPA) will be an added advantage.