Accounting Manager

Indium Corporation is a premier materials refiner, smelter, manufacturer, and supplier to the global electronics, semiconductor, thin-film, and thermal management markets. Since 1934, we have established global technical support and factories in China, Germany, India, Malaysia, Singapore, South Korea, the United Kingdom, and the United States.

To support our expansion, we are seeking well qualified individual to join our dynamic team as Accounting Manager.

Job summary:

The Accounting Manager is responsible for managing the accounting operations of the company in Singapore, ensuring compliance with both U.S. GAAP and Singapore accounting standards. This role includes overseeing the preparation of financial reports, maintaining an adequate system of accounting records, and implementing a comprehensive set of controls and budgets designed to mitigate risk. The Accounting Manager will enhance the accuracy of reported financial results and ensure compliance with local and international financial reporting standards, liase with HQ team in USA on various financial and control reporting and management. This person will be proactive in leading projects to enhance efficiency and compliance.

You are expected to:

Financial Reporting and Compliance:

Financial Statements:

·       Prepare and publish timely monthly financial statements in compliance with U.S. GAAP and Singapore accounting standard.

·       Ensure the accuracy and completeness of financial data.

·       Oversee the preparation of the annual budget and forecasts.

Compliance:

·       Ensure compliance with Singapore Accounting standard, U.S. GAAP, tax regulations, and other statutory requirements.

·       Liaise with auditors and tax authorities for audits and tax filings.

·       Maintain compliance with internal controls over financial reporting.

·       Review and ensure sufficient insurance coverage for Singapore.

Regulatory Filings:

·       Manage all regulatory reporting, including tax planning and compliance.

·       Prepare and file annual reports and tax returns in accordance with both Singapore and U.S. laws.

·       Hands-on experience in MES and ASK methodology

Accounting Operations:

General Ledger:

·       Maintain the general ledger and ensure proper documentation of all financial transactions.

·       Reconcile accounts and resolve discrepancies.

·       Ensure adequate insurance coverage and coordinate reporting from other departments

Working Capital Management:

·       Oversee the accounts payable, inventory and receivable processes.

·       Ensure timely and accurate processing of invoices, payments, and collections.

·       Monitor bank balances and cash flow and ensure timely disbursements.

·       Prepare cashflow reporting

·       Manages the petty cash float

Fixed Assets:

·       Maintain records of fixed assets and ensure proper capitalization and depreciation.

Costing:

·       Knowledge of BOM and also driving operational efficiencies with KPIs

·       Knowledge of applying for FTA with Singapore Customs.

·       Maintaining tracking and proper documentation of costing

·       Familiar with transfer pricing topics and engage relevant departments to ensure compliance

·       Support the decision making for choice of incoterm

IT Management:

Manages the mobile phone policy and align with HQ, adapting to local needs for SG and Off-site locations

Manage the renewal process and source for best value mobile plans

Financial Analysis and Strategy:

Financial Analysis:

·       Conduct financial analysis and provide insights to management for strategic decision-making.

·       Monitor financial performance against budget and forecasts.

Cost Control:

·       Identify cost-saving opportunities and implement cost control measures.

·       Monitor and manage financial risks.

Strategic Planning:

·       Lead Shared Services projects

·       Assist in the development of financial strategies and long-term plans.

·       Provide financial support for business initiatives and projects.

Team Leadership:

Team Management:

·       Supervise and mentor accounting staff.

·       Provide training and development opportunities to the team.

·       Conduct performance evaluations and provide feedback.

Others:

·       Ad hoc projects and assignments as tasked by management

Requirement:

1. University Degree or above;
2. Proficiency in English and one regional language (both spoken and written);
3. Good at MS Office and ERP system
4. At least 5 years relevant experience in a manufacturing environment;
5. Working knowledge of MES/ASK, FTA process and requirement.
6. In-depth knowledge of U.S. GAAP, Singapore Accounting Standard, tax regulations, banking and financial reporting requirements
7. Experience in SSC management
8. Good communication skill;
9. Cooperative and self-motivated;
10. Good organizer;
11. Able to work under pressure;

Interested applicants: please send in your completed resume in English, including expected salary and a recent photograph, via this portal.

We regret that only short-listed candidates will be notified.