Financial Controller

1 week ago


Singapore Cabot Microelectronics Full time

Job Title:
Financial Controller

Job Description:


The controller is responsible for all aspect of financial management, including corporate accounting, regulatory and financial reporting, budget preparation as well as compliance audits and monitor internal controls of the company.


Principal Duties and Responsibilities:
Month-end close

  • Monthly closing which covers both Singapore and Malaysia entities
  • Review journals and schedules prepared by the Finance team as needed
  • Discuss and resolve issues with Accounting Manager and ensure books are closed on time
  • Work with Accounting Manager and Corporate to ensure upload files have no discrepancies and are uploaded to US SAP on time
  • Prepare monthly and quarterly variance flux analysis
  • Assist/review in preparing quarterly financial reporting package
FP&A support

  • Assist department heads with their annual budgeting
  • Work with Corporate FP&A to provide inputs on actual vs budget when required
Statutory

  • Discuss audit issues with statutory auditors and draft audited financial statements
  • Complete tax package provided by tax agent so that they have the necessary information to prepare annual tax computation
  • Work with tax agent to address issues raised by IRAS
  • Work with Corporate Tax department on quarterly/annual corporate tax provision and deferred tax calculation
SOX/Internal Audit

  • Ensure adequate controls and segregation of duties are in place
  • Work with relevant stakeholders to address any control weakness
  • Work with Internal Audit to address findings highlighted and work towards resolution
AR & Revenue

  • Work with Finance & CSR team to ensure billing is timely and unbilled items at month end are submitted to Finance for accrual
  • Work with Finance & CSR team to maintain healthy aging of AR balances
  • Provide reports on revenue/profitability through SAP or Power BI to Business Teams
  • Assist Business Teams with revenue forecast or pricing scenarios when needed
AP & Accruals

  • Work with stakeholders and Finance team on regular payment of vendors
  • Review and approve payments prepared by Finance staff for both entities
  • Review monthly accruals and ensure significant items are captured for accrual
Cash

  • Work with Accounting Mgr on cashflow forecasts for Treasury
  • Monitor and ensure USD and SGD cash balances are sufficient
  • Review monthly payroll file for reasonableness and approve payment after approval from HR Manager
Inventory

  • Work with various stakeholders on periodic update of standard costs in SAP
  • Review inventory write offs with relevant stakeholders
  • Coordinate yearly stock take with auditors and internal stakeholders
  • Provide quarterly stock listing and stock movement report for E&O calculation

Qualifications & Experience:

  • Accounting degree
  • Knowledge in SAP & Power BI
  • 10 years of working experience
  • Managed a team of 34 accountants

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