The Talent People x JSIT-PE
The Talent People is proud to partner with JSIT-PE, a government initiative aimed at strengthening Singapore's Precision Engineering sector by addressing manpower challenges and fostering industry growth.
By applying for our job opportunities, you're joining a strategic effort to enhance Singapore's Precision Engineering landscape.
About the Role:
We are seeking a highly analytical and hands-on finance professional to join our team as a Senior Management Accountant. This role partners closely with Business Units (BU), Operations, and Supply Chain to manage inventory and manufacturing cost-related activities. The successful candidate will be responsible for cost accounting, financial reporting, budgeting, and compliance, with a strong focus on accuracy, timeliness, and cross-functional collaboration.
Key Responsibilities:
- Business partnering with BU, Operation and Supply Chain to deal with all inventories and manufacturing cost related analyze cost accounting data and assist with physical inventories treatment, movement, and transaction.
- Responsible for BU month-end closing, prepare journal entries as necessary, analyze inventory evaluation, inventory roll forward, variances, accruals etc.
- Coordination for GIT reporting, Bill and Hold receiving accrual reporting.
- Prepare detailed account analysis and reconcile sales, deferred sales (SAB 104), cost of sales, other cost of sales and inventory.
- Prepare, analyze, and report monthly, and quarterly gross margin analysis by CE business line and product. Ensure timely submission, accuracy, and validity of gross margin schedules to management.
- Review and analyze fixed cost variable cost reports, conduct research, and perform analytical studies write commentary for cost behaviors, problem statements and finding in the report.
- Coordinate with Operation for their presentation slides as well as prepare Finance's presentation slides for monthly operation manufacturing cost review meeting.
- Conduct annual physical inventories count exercise, quarterly E&O review exercise, and bi-annually standard cost revaluation exercise.
- Co-ordinate and prepare AOP manufacturing cost budget. Ensure AOP budget are fully understood and aligned with absorption rates setting.
- Ensure the updating of standard costs (Item master request) are performed perfectly for existing and new products by Shared Services Finance.
- Maintain internal control documentation and test internal controls Ensure compliance with Sarbanes-Oxley Section 404 implementation.
- Support and assist other internal department reporting requirements such as audit schedules, tax schedules and others.
- Do blackline certification for all Cost Accounting accounts.
- Coordinate with IT department for any Costing system issues, maintenance, and development such as areas related to production, purchasing, import/export, accounts payable, accounts receivable, import/export IT, receiving, shipping, and others.
- Perform other duties as assigned.
Requirements / Qualifications:
- Bachelor's degree in Accounting, Finance, or related field.
- Professional certification (e.g. CPA, ACCA, CMA) or its equivalent will be added advantage.
- Typically 7 years or more of working experience in a mid- to senior-level accounting role, focused on manufacturing cost accounting.
- Familiar with accounting software such as Oracle/ COGNOS and Microsoft Office applications e.g. Excel/Word/PowerPoint.
- Knowledge of cost accounting principles, including standard costing, absorption costing, and variance analysis.
- Strong understanding of operational processes within a manufacturing environment.
- Experience with physical inventory counts, E&O analysis, and budgeting (AOP).
- Understanding of Sarbanes-Oxley (SOX) compliance.
- Ability to work independently with minimum supervision.
- Able to communicate and work with cross-functional teams effectively.
- Hands-on person with excellent planning, organizing, analytical and problem-solving skills.
The Talent People 24C2589
