Job Description:

• Review and ensure all subsidiary companies within the Group accounts are closed timely for monthly closing and reporting.
• Liaise with subsidiaries to prepare monthly and yearly reporting packs to meet group reporting requirements and deadlines.
• Prepare/review Group consolidated financial reports by performing consolidation entries, eliminations, and adjustments with timely and accuracy in accordance with IFRS/Singapore FRS as well as statutory guidelines.
• Assist in arranging Board of Directors and Audit Committee's meetings.
• Perform financial planning and analytical review ("FP&A") on consolidated statements.
• Prepare and coordinate for group budget and rolling forecast.
• Assist with SGX announcements and related matters.
• Prepare annual reports, audited financial statements, and statutory reports in adherence to statutory and regulatory compliances.
• Ensure compliance with accounting, tax, listing, GST, statutory & regulatory requirements.
• Liaise with relevant professionals covering external auditors, bankers, tax agent, sponsors etc.
• Responsible for the review and update of Group policies and ongoing improvement of reporting system on a group and entity basis.
• Actively involve in digitalization in order to improve and automate finance processes to improve efficiency and enhance analytics.
• Other ad-hoc duties as assigned.

Requirements:

• Degree in Accountancy/ or another professional qualification equivalent.
• 5 years of relevant working experience with experience in group consolidation, audit, and SGX listed company preferred.
• Strong technical knowledge of IFRS/SFRS and statutory legislation.
• Have good communication skills and be analytical, independent, and proactive .
• Possess positive attitude and mindset.
• Meticulous, hands on, self-motivated and committed with sense of urgency.

Responsibilities:

(Accounts)

• Responsible for full spectrum of accounting functions for a few entities
• Handle full sets of company accounts (AP, AR, GL), including monthly accounts submission.
• Perform reconciliation (bank, inter-company accounts, accounts receivable)
• Ensure accounting operations are carried out in accordance to internal accounting procedures
• Monitor AR ageing report and follow up with the collection for non-payments, delayed payments and other irregularities.
• Handle ad hoc assignments as and when required.

(Admin)

• Admin records update and filing
• Monthly update of loan and creating GIRO transactions
• Daily update of instalment payments and make reminder calls to overdue hirer.
• Handle ad hoc assignments as and when required.

Requirements

• Bachelor's degree preferred, ACCA/CPA are welcome.
• Experience in Hire Purchase and Block Discount.
• Experience in automotive industry preferred.

Benefits:

Additional leave

Professional development

Job Type: Permanent

Job Title: Financial Assistant

Job Summary:

A Financial Assistant provides essential support to financial professionals and departments by performing a range of administrative and financial tasks. This role involves assisting with financial record-keeping, data entry, and ensuring accuracy in financial transactions, helping to maintain the financial health and compliance of the organization.

Responsibilities:

1. Financial Record-Keeping:

• Maintain organized and up-to-date financial records and documents.
• Enter financial data into accounting software or spreadsheets.
• Assist in the preparation of financial reports and statements.

2. Invoice Processing:

• Generate and process invoices for clients, vendors, or employees.
• Verify accuracy in invoices and resolve discrepancies or issues.
• Monitor and follow up on invoice payments and outstanding balances.

3. Expense Management:

• Review and reconcile expense reports submitted by employees.
• Track and categorize expenses for proper accounting and budgeting.
• Ensure compliance with company expense policies.

4. Banking and Transactions:

• Assist in bank transactions, such as deposits, withdrawals, and fund transfers.
• Monitor and reconcile bank statements and accounts.
• Handle petty cash and maintain an accurate record.

5. Budget Support:

• Help in budget preparation and monitoring.
• Help analyse budget variances and report findings.
• Assist in developing financial forecasts and projections.

6. Financial Documentation:

• Organize and maintain financial documents, contracts, and agreements.
• Assist with document retrieval and preparation for audits or financial reviews.

7. Administrative Tasks:

• Provide administrative support to financial departments, including filing, scheduling meetings, and managing correspondence.
• Assist in managing financial databases and software systems.

8. Communication:

• Liaise with clients, vendors, and internal departments regarding financial matters.
• Respond to inquiries and help as needed from superiors.

9. Others:

• Any other duties / works as assigned by your reporting superiors.

• Full spectrum of accounts, i.e. receivable; payable; bank; daily sales report; monthly financial statements; quarterly financial reports; year-end reports.
• Reconciling account balances and bank statements, maintaining general ledger and preparing month-end / year-end close procedures.
• To analyse financial reports and forecasts. Manage a small team of junior staff.
• Provide accurate and timely financial information and reports to facilitate the decision-making process.
• Oversee the operation of the Accounting Department.
• Provide monthly and quarterly financial reporting
• Process staff claims and monthly commissions
• Responsible for providing monthly reviews.
• Provide analysis of cash flow, operating costs and variances
• Review standard costs, including appropriate overhead allocations
• Periodic review of product margins and advise management as necessary
• Submission of GST returns