Accounting and Finance Associate
1 week ago
**Accounting & Finance Associate - Chaosactive Holdings Pte Ltd**
Chaosactive is a decade old organization of multiple small businesses led by competent and motivated young entrepreneurs. We are looking for an Accounting & Finance Associate to support the CEO in ensuring accounting quality and efficiency.
Reporting to the CEO, you will be responsible for daily bookkeeping across a number of small businesses. This includes revenue and cost accounting, inventory, asset management, budgets, preparation for financial reports and a comprehensive set of controls designed to mitigate risk.
You will assist the CEO in enhancing the accuracy of the organization’s reported financial results, monthly management reporting, communicating financial statements, major investment issues, financial analysis to investors and stakeholders, and ensuring that reported results comply with Singapore Government’s reporting requirements.
The businesses under our organization are primarily in the food and beverage industry.
However, we are also expanding into businesses outside of food and beverage. We are presently building interests and assets in investments, fitness, engineering, education and e-commerce. The ultimate goal is to help our entrepreneurs focus on creating value instead of being loaded with backend work, and develop better systems to ensure that the growth of the organization is future proofed. You will be assisting the CEO in developing systems to create a clear picture of the organization’s overall financial health, and shared systems to standardise financial processes across the group.
**Accountabilities And Tasks**:
**Accounting & Reporting**
- Perform monthly, quarterly and annual accounting activities including reconciliations of bank and credit card accounts, coordination and completion of annual audits, and reviewing financial reports as necessary.
- Prepare financial data for entry into the accounting system, and ensure proper documentation for conduits of work operations.
- Assist in issuing timely and complete financial statements, corporate annual reports, management cost reports and documentation for management reporting.
- Assist in issuing financial and operating metrics.
- Assist in the production of the annual budget and forecasts, calculating variances from the budget and report significant issues to management.
- Assist in financial analysis as needed, in particular for capital investments, pricing decisions, and contract negotiations.
- Assist in new processes and system implementation when required.
- Prepare schedules to be reviewed by the CEO.
- Any ad hoc duties assigned by the CEO.
**Transactions**
Assist the CEO in:
- Ensuring that accounts payable are paid in a timely manner.
- Ensuring that all reasonable discounts are taken on accounts payable.
- Ensure that accounts receivable are collected promptly.
- Processing payroll in a timely manner.
- Ensuring that periodic bank reconciliations are completed.
- Ensuring that required debt payments are made on a timely basis.
- Maintaining the chart of accounts.
- Maintaining an orderly accounting filing system, and a system of controls over accounting transactions.
**Compliance**
Assist the CEO in:
- Coordinating the provision of information to external auditors for the annual audit.
- CPF filing, tax filing, and other relevant tasks to manage compliance as per Singapore Government reporting requirements.
- Monitoring debt levels and compliance with debt covenants.
- Managing and ensuring the accuracy of the organisation’s capitalisation tables.
- Managing Corporate Secretarial compliance.
**Qualifications**
- Bachelor's degree in Finance, Accounting, Economics, Business Administration or related fields.
- Professional Accountancy Qualification - CA, CPA, ACCA.
- 2+ years relevant working experience
- Proficient in Google Sheets and accounting software XERO.
- Quantitative and analytical mindset with distinctive operational and business judgment, attention to detail, and outstanding verbal and written communication skills.
- Working experience in F&B/Hospitality industry is a plus.
**Key Details**
- 5 day work week
- Immediate remote full-time opportunity
- Career development
**Benefits**
- 7 days annual leave in year one, 14 days in year 2, 21 days leave from year three onwards.
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- **ABOUT US**
**Chaosactive Pte Ltd**
We are behind brands like Spiffy Dapper, Dapper Coffee, Oriental Elixir, Sago House, Low Tide, Porkypine, Amoy Beverage Corp and Kes-sho Glassware.
We started off as a hole in the wall in Boat Quay and have grown into several craft-focused businesses over the last decade. We lead from the front and are built on grit and copious amounts of sweat. We build fast, innovate incessantly and are crazy about efficiency.
Our team is the start and end of all our decisions. We are entrepreneurs looking to work with other entrepreneurial talents to be part of our tribe of misfits. And that means the ability to gr
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