Accountant
4 days ago
Accountant
Providing strategic financial guidance and analysis to drive business performance and profitability.
Key Responsibilities
- Financial Analysis and Reporting: Responsible for preparing and analyzing financial statements, budgets, and forecasts. Develop financial models and reports to support business objectives. Maintain full set of accounts on all journal entries, revenue, cost and expenses. Handle all month-end closing account activities, including preparation of monthly P&L and Balance Sheet. Coordination and preparation of all half yearly and annual financial packages required by Headquarters and local management. Keep and reconcile all inter-company transactions and balances.
- Responsible for all day-to-day cashflow management and annual budgeting processes.
- Liaise with corporate secretaries for XBRL filing to Auditor, Tax Agent and Bankers.
- Leasing Feasibility Studies and P&L projection for all leasing related matters.
- Strategic Guidance: Provide sound commercial advice to the team, helping to identify financial risks and opportunities. This includes developing strategies to improve financial performance and implementing financial policies and procedures.
- Cost Management: Identifying areas for cost savings and process improvements, monitoring financial performance, and recommending actions to enhance results.
- Collaboration: Work closely with other departments, such as leasing, merchandising, store operations, ecommerce and marketing, to create new revenue-generating strategies and promotions.
- Compliance and Risk Management: Ensure compliance with financial regulations and laws, manage banking relationships, and coordinate cash management activities. Work and manage external auditors for annual audits. Handling of Tax and GST issues, withholding Taxes and all related processes and documentation.
- Leasing Relations with HDB, MCST and Landlords
- Participate in ad hoc assignments and projects as and when assigned
Requirements
- Degree in Accounting, Finance, or equivalent.
- Proficient in SQL accounting software
- Minimum 3 years of relevant accounting experience, preferably in the retail industry.
- Proficient in accounting software (e.g., MYOB, QuickBooks, or similar) and Microsoft Excel.
- Strong knowledge of Singapore Financial Reporting Standards (SFRS) and local tax/GST regulations.
- Meticulous, analytical, and able to work independently under minimal supervision.
- Good organizational and time management skills to meet tight deadlines.
- Able to communicate effectively in English (and preferably Mandarin to liaise with Chinese-speaking stakeholders).
- Team leadership with a positive attitude and strong sense of responsibility.
- Familiar with claiming for Government Grants
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