Assistant Director

1 week ago

Singapore PAS People's Association Full time

Assists to plan, direct and control the financial and accounting activities of PA Headquarters which include timely consolidation of PA’s group accounts for audit and submission to Parliament; reviewing, updating and implementing financial policies and procedures to meet operational and management reporting needs of the PA.

Key duties and responsibilities that need to be performed to meet the primary objective of the job. This will include the important result areas (what) along with the rationale (why).
- Supervises staff to ensure accurate and timely preparation and submission of operating grants for the PA.
- Ensures timely closure of all PA, CDC and offsite accounts on a monthly, quarterly and yearly basis and preparation of variance analysis for management reporting.
- Plans and coordinates PA yearly audit, ensures prompt responses to audit queries and provides progress update to PA Management on audit status and issues.
- Consolidates and prepares SB-FRS compliant PA consolidated financial statements for timely audit and presentation to Parliament.
- Presents variance analysis and financial highlights for PA consolidated financial statements to management.
- Conducts post audit evaluation and recommends areas to overcome audit observations and improve on gaps of non-compliance with SB-FRS.
- Provides sound advice to PA Divisions and offsites on financial and SB-FRS accounting policies and procedures to ensure operational efficiency and compliance.
- Reviews and updates PA financial policies and procedures to adopt the best practices and keep them relevant for compliance with SB-FRS and other mandatory accounting and audit regulations.
- Develops and reviews internal checks and controls, SOPs and templates to ensure prompt and accurate updating of financial records for effective management reporting.
- Facilitates the development and implementation of financial systems and access control reviews.
- Liaises with government departments and banks for external reporting and submission of reports.
- Supervises and guides staff to ensure smooth operations of the PA and provide up-to-date accounts and reports to management.

Other ad-hoc duties not covered under main responsibilities and duties.
- Participates in Works Improvement Team as Facilitator.
- Performs other duties assigned by senior officers.

**Requirements**:
Minimum - Three years of experience in financial accounting and consolidation of accounts. Sound technical knowledge of SB-FRS is a must.

Desired - Five years of hands-on experience in handling financial and accounting functions and management reporting.

Meticulous with strong analytical and excellent verbal, writing and interpersonal skills.

Proficient in MS Office. Hands-on experience Consolidation (i.e. in Hyperion and/or WorkDay, SAP accounting software and/or WorkDay preferred ).

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