Senior Finance Executive

Responsibilities

Trade and Transaction Management:

. Maintain up an up-to-date vessel-wise profitability report for the management, including freight, demurrage, and port charges

. Conduct regular account reconciliation and analysis of vessels with traders on physical trading.

. Reconcile derivative trades (futures/options) withtraders/brokers/clearing houses.

. Coordinate with trade finance teams for settlement of Letters of Credit (LCs) and other structured instruments

. Ensuring the correctness of LC charges by the Banks

. Accounting and Reporting:

. Ensure smooth flow of processes from recording income and expenditures on the system to regular reporting of AR/AP.

. Prepare monthly MIS, including but not limited to P&L, Balance Sheet, and statement of cash flows for the management,including intercompany reconciliations.

. Monitor and review income and expenditure sclassifications as per the requirements of the Global Traders Program (GTP) and prepare a progress report for management.

. Handle financial and taxation-related enquiries from financiers, bankers, tax authorities, and inter-group companies.

. Ability to lead timely completion of annual audit and prepare necessary schedules for annual tax return.

Education and Experience requirements

• CPA/ACCA/CA qualified.
• Accounting degree/diploma or equivalent.
• Knowledge of generally accepted accounting practices and principles.
• Knowledge of audit practices & principles, applicable laws, codes and regulations in Singapore.
• Knowledge and experience of using accounting software, - XERO.
• Minimum of 5 years of experience in the accounting of business transactions, management of financial systems and budgets, financial reporting, financial data analysis, auditing and taxation.
• Knowledge of accounting procedures and practices incommodity trading industry.
• 3 years experience with commodity trading /shipping preferred.

Key Competencies

• Excellent attention to detail with data maintenance and reporting.
• Problem identification, analysis and resolution.
• Good planning, organisational and time management ability.
• Strong communication and inter-personal skills.
• Accurate and timely information & task monitoring.
• Self-starter with a flexible mind and ability to deal with pressure.
• Ability to work well in a diverse team.
• Fluent in English as you will dealing with international managers and traders.
• Fluency in Mandarin would be advantageous.