Senior Management Accountant
7 days ago
Overview The Talent People is proud to partner with JSIT-PE, a government initiative aimed at strengthening Singapore’s Precision Engineering sector by addressing manpower challenges and fostering industry growth. By applying for our job opportunities, you’re joining a strategic effort to enhanceSingapore’s Precision Engineering landscape. About the Role: We are seeking a highly analytical and hands-on finance professional to join our team as a Senior Management Accountant. This role partners closely with Business Units (BU), Operations, and Supply Chain to manage inventory and manufacturing cost-related activities. The successful candidate will be responsible for cost accounting, financial reporting, budgeting, and compliance, with a strong focus on accuracy, timeliness, and cross-functional collaboration. Responsibilities Partner with BU, Operation and Supply Chain to manage inventories and manufacturing cost related; analyze cost accounting data and assist with physical inventories treatment, movement, and transaction. Responsible for BU month-end closing, prepare journal entries as necessary, analyze inventory evaluation, inventory roll forward, variances, accruals etc. Coordinate for GIT reporting, Bill and Hold receiving accrual reporting. Prepare detailed account analysis and reconcile sales, deferred sales (SAB 104), cost of sales, other cost of sales and inventory. Prepare, analyze, and report monthly, and quarterly gross margin analysis by CE business line and product. Ensure timely submission, accuracy, and validity of gross margin schedules to management. Review and analyze fixed cost variable cost reports, conduct research, and perform analytical studies; write commentary for cost behaviors, problem statements and finding in the report. Coordinate with Operation for their presentation slides as well as prepare Finance’s presentation slides for monthly operation manufacturing cost review meeting. Conduct annual physical inventories count exercise, quarterly E&O review exercise, and bi-annually standard cost revaluation exercise. Co-ordinate and prepare AOP manufacturing cost budget. Ensure AOP budget are fully understood and aligned with absorption rates setting. Ensure the updating of standard costs (Item master request) are performed perfectly for existing and new products by Shared Services Finance. Maintain internal control documentation and test internal controls; Ensure compliance with Sarbanes-Oxley Section 404 implementation. Support and assist other internal department reporting requirements such as audit schedules, tax schedules and others. Do blackline certification for all Cost Accounting accounts. Coordinate with IT department for any Costing system issues, maintenance, and development such as areas related to production, purchasing, import/export, accounts payable, accounts receivable, import/export IT, receiving, shipping, and others. Perform other duties as assigned. Qualifications Bachelor's degree in Accounting, Finance, or related field. Professional certification (e.g. CPA, ACCA, CMA) or its equivalent will be added advantage. Typically 7 years or more of working experience in a mid- to senior-level accounting role, focused on manufacturing cost accounting. Familiar with accounting software such as Oracle/ COGNOS and Microsoft Office applications e.g. Excel/Word/PowerPoint. Knowledge of cost accounting principles, including standard costing, absorption costing, and variance analysis. Strong understanding of operational processes within a manufacturing environment. Experience with physical inventory counts, E&O analysis, and budgeting (AOP). Understanding of Sarbanes-Oxley (SOX) compliance. Ability to work independently with minimum supervision. Able to communicate and work with cross-functional teams effectively. Hands-on person with excellent planning, organizing, analytical and problem-solving skills. Note: Do not share bank or credit card details when applying for jobs. Do not transfer money or complete suspicious online surveys. If you see something suspicious, report this job ad. #J-18808-Ljbffr
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