Senior Finance and Corporate Services Manager - #1174574

This role sits within SK Energy International.

About SK Energy International (SKEI)

SKEI markets and trades crude oil and petroleum products. The company was incorporated in 1990 and is based in Singapore. SK energy international operates as a subsidiary of SK trading international.

Job Profile

[Accounting]

• Manage the Organization’s financial accounting and corporate reporting functions
• Prepare financial report for management reporting in timely manner
• Prepare and support quarterly financial report for HQ's consolidated financial reporting. Should work closely with HQ accounting team and HQ's external auditor in Korea
• Analyze each business's monthly performance/issues and report it to management
• Review of the financial statements and reports for HQ in Korea and external stakeholders
• Discuss and work closely with Korean Holding Company if there's any issue with financial accounting
• Manage the organization’s Management Accounting function
• Advise and update on accounting standards and regulatory matters where necessary
• Prepare and provide financial forecast report to HQ with reasoning by analyzing the business
• Provide financial leadership and strategic thinking to support Organization
• Support internal and external audit activities
• Implement policies and procedures on internal controls (SOX)
• Oversee organization’s ACRA registration and to share updates and ensure alignment to statutory regulations
• Manage organization’s financial holdings
• Manage invested companies including overseas subsidiaries

[Tax]

• Oversee all statutory tax matters (Corporate income tax, GST)
• Ensure organization’s tax computations and filings are compliant and in good order
• Advise and update on taxation matters where necessary
• Review tax provisions and drive tax efficiencies
• Provides expertise in tax governance and controls
• Work with Korean Holding Company, other subsidiaries and KOR gov tax agent to prepare/report transfer pricing documents
• Manage all the transactions and issues related to transfer pricing
• Knowledge of Korean Taxation Law pertaining to transfer pricing is required

[Treasury – Shared Service for Affiliates]

• Develop Treasury Policy and Strategy to mitigate potential treasury risks
• Manage bank accounts and maintain close relationships with bank representatives to ensure the profile of the company is maintained and strengthened
• Assess/analyze and manage cash flow on a short-, medium- and long-term basis to ensure the company has adequate funding lines/liquidity
• Manage daily cash flows (fund-in, payment) and support L/C opening, L/C Nego
• Report to and work closely with Korean Holding Company for various treasury issues including cash flow, group treasury policy, credit line, dividend, etc.
• Monitor/manage internal treasury control to ensure the company follows group internal audit process and make periodic report to HQ
• Assist in the preparation and upkeep of proper audit/balance sheet schedules
• Work on various ad-hoc finance issues and assignments

[Administrations]

• Implement & administer Organization's Admin. policies & practices. Should understand HQ global policy and communicate with HQ to be align with group policy
• Maintain and improve the organization's administrative policy
• Manage integrated group office (shared office with affiliates)
• Manage Admin shared service for affiliates including shared service contract

Candidate Profile

A self-motivated individual who values integrity, have willing brain engagement in going the extra miles to provide excellent and create happiness and values to stakeholders. A strong candidate should possess the following:

• Degree in Accountancy, Finance, Business or related areas
• Minimum 12 years of relevant treasury, accounting and tax experience
• Minimum 5 years of experience with SAP (FI, TR, CO, MM Module)
• Knowledge and experience with Korean Taxation Law is required
• Proficiency in Microsoft Office applications
• Working experiences in shared service is preferred
• Working experience in general staff work is preferred
• Working experiences in an Energy Trading company is preferred
• Working experiences in corporate spin-off/merger is preferred
• Strongly analytical and financial modelling skills to assimilate complex and ambiguous data to identify key issues and aid in decision making
• Highly motivated and organized individuals who exhibit strong integrity, work ethics and ability to perform under pressure
• Effective team player with excellent oral and written communication skills and strong stakeholder management skills

Salary will be commensurate with qualifications & experience.

Only shortlisted candidates will be notified, typically within 2 weeks from the closing date of the posting.