Salary Range
SGD 81,600 - SGD 105,600 /year
SGD 6,800 - SGD 8,800/month
Skills Required
Accounts PayableRegulatory ComplianceSFRAccounts ReceivableGeneral LedgerTax ComplianceJournalsBalance SheetP&L AnalysisCash FlowFinancial Reporting
Job Description
Job Summary
Maintain comprehensive financial records and deliver accurate financial statements to support strategic decision-making and regulatory compliance. Drive financial analysis, operational management, and internal controls to enhance business profitability and ensure adherence to Singapore Financial Reporting Standards and regulatory requirements.
Responsibilities
- Maintain the full set of accounts, including general ledgers, journals, and accruals, to ensure accurate and complete financial records.
- Prepare monthly, quarterly, and annual financial statements (Profit & Loss, Balance Sheet, Cash Flow) to provide timely and reliable financial reporting.
- Perform month-end closing activities and reconcile accounts to guarantee accuracy and completeness of financial data.
- Analyze financial performance and variances to deliver actionable insights that support informed management decision-making.
- Prepare and file GST (Goods and Services Tax) returns and corporate income tax computations to ensure compliance with tax regulations.
- Ensure all financial activities comply with Singapore Financial Reporting Standards (SFRS) and ACRA/IRAS regulations to maintain regulatory adherence.
- Coordinate with external auditors, tax agents, and government authorities to facilitate audits and regulatory reviews efficiently.
- Manage Accounts Payable (AP) and Accounts Receivable (AR), including invoicing and debt collection, to optimize cash flow management.
- Oversee payroll processing, including CPF contributions and salary disbursements, to ensure timely and accurate employee compensation.
- Monitor cash flow and manage liquidity to maintain the company’s financial stability and meet financial obligations.
- Assist in preparing annual budgets and quarterly financial forecasts to support strategic financial planning and business growth.
- Implement and monitor internal controls to prevent fraud and financial discrepancies, safeguarding company assets.
- Identify cost-saving opportunities and provide recommendations to improve profitability and operational efficiency.
- Utilize accounting software (e.g., Xero, QuickBooks) and advanced Excel skills to streamline financial processes and enhance reporting accuracy.
- Communicate complex financial concepts clearly to non-finance stakeholders to facilitate understanding and collaboration across teams.
Preferred competencies and qualifications
- CPA (Certified Public Accountant): Typically refers to the US CPA (AICPA), ideal for those working in US-based MNCs or specializing in US GAAP.
- CMA (Certified Management Accountant): Focused on strategic management, financial planning, and analysis (FP&A).
- CIA (Certified Internal Auditor): The primary designation for internal audit and risk management professionals.
- CFA (Chartered Financial Analyst): Specialized for investment management, portfolio analysis, and equity research.
- Business Advisory: Interpreting financial data to provide insights on growth strategies, cash flow management, and risk assessment.
- Budgeting & Forecasting: Developing financial models and monitoring budget variances to guide senior management's decision-making.
- Internal Controls: Establishing and maintaining policies to prevent fraud, improve operational efficiency, and safeguard company assets.
- Payroll & HR Support: Managing payroll processing, including CPF (Central Provident Fund) contributions and employee expense reimbursements.
- Digital Transformation: Implementing and maintaining cloud-based accounting software (e.g., Xero, QuickBooks) to automate workflows and enhance data security
Ayyakannu Buvaneswaran , EA Personal: R1217664, EA: 12C5314, Ministry of Recruiters Pte Ltd