Senior Accounts

Broad Functions:

The primary job responsibility of the Senior Accounts Executive is to assist department section manager in financial and costing operations, which includes handling day-to-day accounting tasks such as prepare financial statement, perform accounting transactions, reconcile financial, accounting, costing and taxation records. Participate or assists in various type of audit, and budgeting & forecasting activities

Job Description / Responsibilities:

Month-End and Year-End Close

• Perform month end or yearend closing process, including perform accounting entry, preparing adjusting entries, reconciling accounts.

Account Analysis and Reconciliation

• Prepare and reconcile complex accounts including bank statements, accounts payable, and accounts receivable to identify discrepancies and resolve issues.

Reporting

• Prepare financial statements including balance sheets, income statements, and cash flow statements, management report costing report, group consolidate, etc

Variances Analysis

• Analyse and financial, accounting and costing data to identify expenses trends, assess financial performance, and provide insights and constructive improvement recommendation

• Collaborate with respective internal stakeholder such as non-finance department cost owner as a work partner, effectively communicating financial, accounting and costing issues and constructive recommendations in a timely and straightforward manner.

• Guide non-finance and costing stakeholders on financial, accounting and costing matters and assist them to implement profitability and cost control initiatives

Cost Accounting and Inventory Management

• Maintain accurate cost accounting records, including standard and actual costs

• Monitor and analyse cost variances, manufacturing overhead, and production expenses

• Conduct inventory valuation and ensure accurate reporting of raw materials, work-in-progress, and finished goods

Budgeting and Forecasting

• Prepare budget cost template for data compilation.

• Compile budget from different department into budget master.

• Prepare Fixed asset and lease asset depreciation budget.

• Prepare material usage base on sales & production plan

Taxation

• Prepare quarterly GST return.

• Prepare tax schedule for tax agent to complete corporate tax computation.

• Attend tax agent queries

Audit

• Support and prepare various audit schedule including statutory audit, J-Sox or internal survey require by internal or external auditor.

• Prepare deferred tax schedule.

• Handling various audit queries

• Perform ACRA XBRL filing after annual audit.

Documentation

• Maintain proper documentation for specific entities assigned

• Assist in process documentation for existing, new or revised financial, accounting and costing process.

Digitalization and Ad Hoc Tasks

• Assist superior in digitalization project to ensure timely completion

• Collaborate with IT and other departments or vendor to integrate digital tools into accounting and costing processes.

• Perform additional duties as assigned, including to responding to urgent request and supporting others function as needed.

Requirements:

• Degree in Accounting or equivalent professional qualification.

• Minimum 5 years of relevant experience

• Knowledge of accounting principle

• Knowledge of basic GST and company tax

• Working knowledge of SAP system knowledge (good to have)

• Good knowledge of MS Excel

• Good written and spoken communication skills

• Good stakeholder management skills to gain win-win result

• Meticulous and detailed person

• Ability to withstand high-pressure environments to meet deadlines

• Mentally strong to handle complexity and tight deadlines

• Strong leadership skill of Trustworthiness, Integrity, Respect & Empathy

• Selflessness and Altruism by prioritizing the needs and wellbeing of Team members before your own

Others:

• Location: Jurong Island (Company Transport, Jurong Island allowance provided)
• Commence work: ASAP.
• Applicants can work in Singapore without requiring a work pass.
• Working Hours: Mon ~ Fri from 8:00 am - 4:45 pm