Senior Accountant | 5 Work Week | Contracted to Eng Dec (Convertible) - #1115593

Key Responsibilities:

• General Ledger Management:

  • Assist the Singapore subsidiary transition to full use of QAD financial system

  • Oversee the general ledger (GL) and ensure proper recording of transactions.

  • Ensure that sub-ledgers including inventory, accounts receivable and accounts payable are updated and reconciled monthly to the general ledger

  • Reconcile balance sheet accounts, ensuring that all accounts are accurate and up to date.

  • Ensure that intercompany transactions and balances are properly recorded and reconciled.

• Month-End and Year-End Close:

  • Lead the month-end and year-end closing processes, ensuring group deadlines are met and financial data is accurate.

  • Prepare and post journal entries, ensuring proper documentation for all entries.

  • Ensure that all accruals and provisions are recorded on a monthly basis, especially in relation to license fees and related sales expenses.

  • Review and validate financial data to ensure completeness, accuracy, and compliance with group accounting policies and IFRS.

• Tax Compliance:

  • Assist with local and international tax filings, ensuring compliance with local regulations and tax reporting requirements.

• Financial Reporting:

  • Assist with ensuring the accounting is compliant with IFRS for group reporting

  • Assist with preparing annual financial statements for the subsidiary in compliance with local accounting standards

  • Support in the preparation of financial reports for internal management and external stakeholders, ensuring accuracy and timeliness.

• Budgeting and Forecasting Support:

  • Assist with budget preparation, tracking, and variance analysis.

  • Provide financial analysis to support decision-making and highlight areas for cost control and improvement.

• Process Improvement:

  • Identify opportunities to streamline accounting processes and implement best practices.

  • Support the automation of financial reporting and accounting procedures to improve efficiency and accuracy.

• Compliance and Internal Controls:

  • Ensure compliance with all relevant accounting and financial regulations, including IFRS 

  • Maintain and document internal controls over financial reporting and safeguard company assets.

  • Ensure compliance with the Group Delegated Authority Policy

• Collaboration and Communication:

  • Act as a key liaison between the subsidiary and the global finance team, ensuring alignment in financial practices and policies.

  • Provide support to other departments and respond to financial queries as necessary.

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• Education:

  • Bachelor's degree in Accounting, Finance, or a related field.

  • Professional certifications such as CA (Singapore) or CPA (Certified Public Accountant) or equivalent preferred.

• Experience:

  • Minimum of 5 years of accounting experience, preferably in a multinational or subsidiary environment.

  • Experience with IFRS and local statutory requirements is essential.

  • Experience with month-end and year-end closing processes, financial reporting, and auditing.

• Skills & Competencies:

  • Strong proficiency in accounting software

  • Excellent understanding of accounting principles, financial statements, and reconciliation processes.

  • Strong attention to detail with the ability to analyse and interpret complex financial data.

  • Ability to work effectively under pressure and meet deadlines.

Working Location and hours

• Bukit Batok

• Working Hours - office hours - 8:30 am to 6 pm

Salary and Benefits

• $6,500 - $8,000 per month