Accountant (F&B/CBD)

6 days ago

Downtown Core Central Community Development Council, Singapore C.O.T.U Lifestyle & Entertainment Venue Full time $60,000 - $80,000 per year

About C.O.T.U:

C.O.T.U (Centre Of The Universe) is a premier lifestyle and entertainment venue located on the 38th and 39th floors of CapitaGreen. Spanning 18,000 square feet with stunning city skyline views, C.O.T.U features five unique concepts: Dashi Skypool, Enso steakhouse with Japanese flair, The Whisper Room cocktail bar, Little Birdie progressive cocktail bar, and Dashi Go-Go boutique ultra-lounge.

Job Summary:
The Accountant is responsible for managing the company's financial records, ensuring compliance with statutory requirements, and supporting decision-making through accurate reporting and analysis. The role also covers inventory control and asset management, ensuring that resources are properly tracked, utilized, and safeguarded.

Key Responsibilities:

Financial Accounting & Reporting

  • Maintain accurate and up-to-date financial records.
  • Prepare monthly, quarterly, and annual financial statements.
  • Manage month-end and year-end closing processes.

Accounts Payable & Receivable

  • Process invoices, payments, collections, and reconciliations.
  • Monitor outstanding balances and follow up with vendors and clients.

Tax & Compliance

  • Prepare and file GST, corporate tax, and other statutory submissions.
  • Ensure compliance with financial regulations and company policies.
  • Liaise with auditors, tax agents, and regulators.

Budgeting & Forecasting

  • Assist in preparing budgets and financial forecasts.
  • Provide variance analysis against budget and recommend corrective actions.

Inventory Control & Asset Management

  • Monitor, record, and reconcile inventory transactions.
  • Implement inventory controls to minimize discrepancies, shrinkage, or loss.
  • Maintain the fixed asset register and track asset acquisitions, disposals, and depreciation.
  • Conduct regular audits to ensure proper usage and safeguarding of company assets.

Internal Controls & Process Improvements

  • Implement and maintain financial and operational controls.
  • Ensure accurate documentation and filing of accounting records.
  • Recommend process enhancements for efficiency and accuracy.

Collaboration & Support

  • Support HR with payroll reconciliations and related accounting.
  • Provide financial insights to management for strategic decisions.
  • Partner with operations and procurement teams to ensure proper resource utilization.

Requirements:

  • Degree/Diploma in Accounting, Finance, or related field.
  • Proven experience as an Accountant, with the capability to establish and set up a new business.
  • Strong knowledge of accounting standards and statutory requirements.
  • Proficient in accounting software (e.g., Xero, SAP, QuickBooks) and Microsoft Excel.
  • Experience in 
    inventory management and fixed asset control
     preferred.
  • Strong analytical, organizational, and problem-solving skills.
  • High level of accuracy, integrity, and attention to detail.
  • Ability to work independently and meet tight deadlines.

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