Senior Associate, Accounting

1 day ago

Singapore boardroom corporate & advisory services pte. ltd. Full-time SGD 65,000 - SGD 90,000/year

The Senior Associate is an accounting professional embedded within the Accounting and Tax team, reporting to the Head of Accounting and Tax, who is deployed to support the Corporate Secretarial (CS) team. The role provides the accounting and financial reporting expertise that complements the CS team in delivering annual compliance and corporate services to BoardRoom's CS clients.

The role has three main objectives: (a) reviewing client financial statements when required, particularly those obtained by the CS team for Annual Return filing; (b) providing accounting advisory support on accounting and financial statement questions raised by the CS team and its clients; and (c) identifying and developing accounting service opportunities among BoardRoom's CS clients for, in collaboration with the Accounting and Tax Services team.

The Senior Associate is an accounting professional embedded within the Accounting and Tax team, reporting to the Head of Accounting and Tax, who is deployed to support the Corporate Secretarial (CS) team.As the CS team is not accounting trained, the role provides the accounting and financial reporting expertise that complements the CS team in delivering annual compliance and corporate services to BoardRoom's CS clients.

The role has three main objectives: (a) reviewing client financial statements when required, particularly those obtained by the CS team for Annual Return filing; (b) providing accounting advisory support on accounting and financial statement questions raised by the CS team and its clients; and (c) identifying and developing accounting service opportunities among BoardRoom's CS clients for, in collaboration with the Accounting and Tax Services team.

Key Responsibilities

1. Financial Statement Review for Annual Return Filing

Each year, the CS team obtains financial statements from clients for Annual Return filing with ACRA. The Senior Associate will support the CS team by:

  • Reviewing relevant sections of financial statements obtained from clients for completeness before filing.
  • Assessing, at a high level, whether the financial statements appear to be prepared under the applicable Singapore financial reporting framework.
  • Advising the CS team on filing-related financial matters, such as audit exemption eligibility under the small company criteria, exempt private company and solvency status.
  • Support the review of XBRL financial statements for Annual Return filing, and working with the internal accounting team or clients' finance teams to resolve XBRL validation issues.
  • Identifying errors, omissions or red flags (e.g., missing signatures or audit reports, mismatched share capital, negative equity or going concern indicators) and communicating them clearly to the CS team and, where appropriate, to clients.

2. Accounting Advisory Support

  • Act as the first point of contact for accounting and financial statement questions from the CS team and, where appropriate, from CS clients.
  • Explain accounting concepts and financial statement content in clear, practical terms to CS team, where appropriate, with CS clients who are not accounting trained.
  • Advise on the accounting and financial implications of corporate actions.
  • Support the CS team (when required, according to BoardRoom process) in assessing financial matters for review and confirmation by directors.
  • Escalate or refer complex technical accounting, audit, tax or valuation matters to the Head of Accounting and Tax.
  • Escalate non-routine, complex or potentially contentious matters to the CS manager or qualified Company Secretary.

3. Accounting Services Business Development

  • Identify CS clients who may benefit from BoardRoom's accounting services, for example clients with late, incomplete or poor-quality financial statements, no in-house finance function, or recurring XBRL and compliance issues.
  • Explore opportunities for related services, such as bookkeeping, financial statement compilation, XBRL conversion, GST, tax and payroll, in collaboration with the relevant business units.
  • Work with / Refer qualified leads to the Head of Accounting and Tax Services team and Key Account Managers to convert qualified leads.
  • Support the positioning of BoardRoom's accounting services in a consultative, client-centric manner that adds value to the existing CS relationship.

Qualifications and Experience

  • Degree in Accounting or Finance, or a recognised professional accounting qualification (e.g., ACCA, CA Singapore or equivalent).
  • Approximately three to five years of relevant experience in accounting, audit or financial reporting, preferable with a public accounting firm or professional / corporate services provider.
  • Hands-on experience in preparing or reviewing statutory financia