As a Finance Executive in the Corporate Finance Team, you will be reporting to the Finance Deputy Director. You are required to work closely with various stakeholders (internal and external) and your responsibilities are as follows:

Responsibilities

• Responsible for handling Accounts Receivables portfolio and ensure that receipts are recorded timely
• Perform bank reconciliations, prepare cash book reports and monitor bank transactions
• Prepare monthly cash flow projection
• Support the Accountant in the timely collection of receipts, with close monitoring of outstanding debts and taking corrective actions to close the cases where necessary, including escalation to Management
• Perform month-end and year-end closing activities
• Assist in the implementation of system enhancement, IT projects and process improvement initiatives
• Support audits which include preparation of reports, extraction of documents and information
• Liaise with external parties on queries relating to bank matters

Requirements

• Diploma in Accountancy or equivalent qualification.
• Minimum 3 years of relevant experience.
• Knowledge and hands on experience in SAP S/4 accounting system will be advantageous.
• Good knowledge of accounting principles, experience with Grant Accounting will be an added advantage.
• Proficient in MS Word, Excel, and PowerPoint.
• Ability to set priorities with a strong sense of responsibility to complete tasks within timeline.
• Good analytical, communication, interpersonal and stakeholder engagement skills.
• Self-driven, meticulous and independent, and a valuable team player who is able to thrive in a fast-paced environment.

Only Singaporeans may apply.

Designation and salary will commensurate with experience.

We will only contact shortlisted candidates.

Accountabilities

• Manages all activities of month-end and year-end closing activities and prepare P&L, Balance sheet, Cash Flow statement and Bank reconciliation
• Lead month-end closing activities, review and post journals and prepare balance sheet schedule, AP/AR aging reports
• Prepare month-end closing journals for vendor cost, prepayment, corporate tax, forex, FDs, IFRS16 and ad-hoc JVs
• Review and sign-off monthly bank account and reconciliation statement.
• Responsible to lead statutory audit, tax audit and other audits as required and liaise with internal and external auditors
• GST return submission
• Responsible in fixed asset management and monitoring of lease contract and monitoring loan & hire purchase agreement
• Responsible for P&L forecast and 12 month rolling Cashflow projection
• Performance reporting: Responsible for preparing and submitting various financial reports
• Monitor customer revenue and vendor cost for pass through contracts
• Manage ad-hoc projects and process improvements
• Identify continuous improvement & automation initiatives: Collaborate with internal stakeholders (project managers & offshore team) as well as external stakeholders to improve processes.

Requirement

• Graduate holder in accounting or equivalent with 5+ years of relevant working experience
• Strong knowledge of IFRS accounting standards
• Good command over IFS solution financial systems and processes
• Proficiency in Microsoft Excel and Powerpoint is a must. Power BI is good to have.
• Conscientious, analytical and attention to details
• Ability to prioritize and manage expectations in a fast-paced environment.
• Can-do attitude and takes initiatives to improve processes.
• Ability to communicate articulately and efficiently with other people within the Company.

Responsible for all finance and accounting activities in the company, you will lead the team in the Finance & Accounting Department. You will also oversee investor relations functions of the company.

The key element of this role is to develop the team, processes, methods, and systems to improve the efficiency of the company, as well as expand both locally and regionally significantly.

You will work closely with the founder in analyzing financial performance, provide insights and implement programs to drive profitability. This role entails managing the monthly closing process budgeting and forecasting, as well as engaging investors and shareholders.

Job Responsibilities:

• Monitoring and reporting on the financial performance of projects and company by producing and presenting accurate financial reports to specific deadlines. Oversee the finance team and ensure timely closure of the monthly accounts. 
• Responsible for statutory reporting and financial closing/reporting.
• Managing and developing the company's financial accounting, monitoring and reporting systems.
• Drive fundraising efforts and investor relations.
• Developing and implementing financial management mechanisms that minimize financial risk.
• Monitoring, interpreting, and managing budgets and cash flows and predicting future trends.
• Conducting reviews and evaluations for cost-reduction opportunities.
• Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as IRAS.
• Providing and interpreting financial information as and when required.
• Oversee tax, internal controls, and audit-related matters.
• Responsible for financial reporting and consolidation for the Group of companies, local and overseas.
• Supporting the formulation of strategic and long-term business plans.
• Researching, analyzing, and reporting on factors influencing business performance. Run simulations and scenario analysis.
• Advising on and managing the set-up of Finance and accounting functions of affiliates (local and overseas).

ABOUT THE NATIONAL INSTITUTE OF EDUCATION (NIE)

The National Institute of Education (NIE), Singapore, is Singapore’s national teacher education institute and we are proud to be an integral part of the nation’s education service. We play a key role in the preparation of teachers and in the provision of teacher professional and school leadership development programmes. We are committed to our vision of being An Institute of Distinction: Leading the Future of Education and our mission to Inspire Learning, Transform Teaching and Advance Research.

NIE invites applicants for the position of Assistant Head (Research) in the Finance Department. This is a 3-year contract position.

Assistant Head (Research) - Finance Department (3-Year Contract) [NIE]

Responsibilities

Reporting to Head/Finance, you will be responsible for the following functions:

• Administration of Research grant and projects of NIE.
• Administration of the financial project (WBS) modules in SAP and Research management system.
• Collaborate with internal stakeholders and management on grant budget, grant usage, reporting and cashflow.
• Plan/oversee internal administrative processes in research grant management, grant usage and grant reporting to ensure compliance with terms and conditions of funding agencies and University's policies.
• Collaborate with external funders and external auditors on grant matters.
• Identify and implement opportunities for continuous improvements to enhance the financial management processes and procedures; through streamlining and automation.
• Supervision of staff.

Requirements

• A University Degree in Accountancy or in Accounting major.
• At least 5 years of accounting and managerial experience.
• Must be a member of the ISCA (The Institute of Singapore Chartered Accountants).
• Strong interpersonal, organizational, communication and writing skills.
• Strong conceptualization and analytical skills.
• Highly Proficient in Microsoft Office Applications.
• Self-motivated, able to work independently and as a team player.
• Knowledge of SAP Hana S4 and SAP Concur would be an advantage.

Closing Date

The closing date of the advertisement is 25 March 2024.

We regret that only shortlisted candidates will be notified.

Other Information

NIE staff can take chartered buses at their own expense from or near their homes to NIE campus. This is subject to the availability of seats.

[What you will be working on]

[What you will be working on]

Responsibilities:-

• Review of documents prior to publication of quotation/tender (ITQ/ITT)

• Review and provide feedback on Quotation & Tender Evaluation Reports  

• Review and approval of awards

• Assist with stakeholders’ queries

• Review of procurement work processes for compliance and improving efficacy

• Supervise and guide colleagues in the procurement team

• Conduct training sessions for Schools and Departments

• Involvement in procurement development projects to enhance procurement process efficacy Identify opportunities for process improvements

• Any other procurement related functions and initiatives

[What we are looking for]

Requirements:-

• Minimum 3-4 years of experience in public procurement

• Possess good analytical and problem solving skills to address cross functional work issues

• Good verbal and written communication

• Proficiency in Microsoft Word, Excel and Powerpoint

• Hands on experience with procurement platform, GeBIZ, and Cumulus (Workday) system will be added advantage

Successful candidate will be offered a 2-year contract in the first instance.

Closing date: 25 March 2024

If you are shortlisted for the position(s), you should hear from us within 30 days of the closing date of the advertisement.

[What you will be working on]
This role will be responsible for orchestrating financial compliance, analysis and budgeting, procurement and business partnering for EDB’s overseas operations, and being involved in procurement and financial system management, migration and enhancement projects.  Candidate will also be required to be familiar with incentive guidelines administered by the EDB as well as knowledge in Enterprise Risk Management. 

Key responsibilities will include:

• Communicating with senior executives, Finance personnel, researchers and lead engineers to ascertain the status of financial incentives awarded to companies.

• Assessing the achievement of incentives conditions with on-site visit and documents review.

• Reviewing claims submitted by companies, for compliance with guidelines and award letters. 

• Ensuring service delivery in accordance with pre-defined service level agreements, from planning, fieldwork and reporting.

• Identifying gaps, leading and shaping policy framework from issues identified.

• Preparing periodic reports to senior management.

• Promoting organisational awareness on incentive governance and risk management.

• Act as a strategic business partner to EDB’s overseas operations, providing financial and procurement guidance and support. 

• Collaborating with various teams within and outside EDB to understand business challenges and needs, offering financial and procurement expertise to EDB’s overseas operations to facilitate informed decision-making. 

• Overseeing the procurement process, ensuring cost-effectiveness, efficiency, and compliance with policies and regulations. 

• Collaborating with IT team, vendors and stakeholders to define requirements and optimise system functionality and workflows. 

• Managing system testing, training, and deployment phases, ensuring minimal disruption to operations. 

• Developing project plans and timelines, monitoring project progress, identifying and addressing issues and risks, and reporting regularly to key stakeholders and management. 

[What we are looking for]
To meet the challenges of this role, you must have/be:

• Bachelor’s Degree in Accountancy, Finance or Business Administration; or equivalent.

• At least 3-7 years of relevant experience, preferably in the areas of procurement, budgeting, project management, governance and enterprise risk management. 

• Excellent communication, interpersonal and project management skills.

• Good problem solving and critical thinking skills, results oriented and able to work independently and effectively under pressure or on multiple priorities and projects

• Strong attention to detail and excellent analytical skills

• Leadership experience and knowledge and practices in Data Analytics and Tableau, SAP Concur and Workday will be an advantage. 

• Singaporean

We review applications and interview on a rolling basis. Applicants can expect to receive an application outcome within 8 weeks from application date.

Responsibilities:

• Assist in the day-to-day financial operations of the company, specifically in the areas of accounts payable and accounts receivable.
• Ensure accurate and timely processing of vendor invoices and employee expense claims.
• Prepare and reconcile vendor payments.
• Monitor and reconcile customer accounts and follow up on outstanding payments.
• Assist in the preparation of financial reports and analysis.
• Support month-end and year-end closing processes.
• Assist in the maintenance and updating of financial records and documentation.
• Collaborate with cross-functional teams to resolve any financial-related queries and issues.

• Diploma or degree in Accounting, Finance, or related field.
• Minimum 1-2 years of experience in a similar finance or accounting role.
• Knowledge of accounts payable and accounts receivable processes.
• Proficiency in using accounting software and MS Office applications.
• Strong attention to detail and accuracy.
• Good communication and interpersonal skills.
• Ability to work independently and in a team.
• Ability to meet deadlines and prioritize tasks.

Interested candidates who wish to apply for the advertised position, please send in your resume to [email protected].

EA License No: 13C6305

Reg. No.: R1654399

For candidate who applied for the advertised position is deemed to have consented to us that we may collect, use or disclose your personal information for purpose in connection with the services provided by us.

Finance Executive – Pandan Road – 5.5 day week-Singaporeans only

Job Descriptions/ Key Responsibilities:

· Provide accounts receivable support to the finance team.

· Follow up on customer queries relating to outstanding invoices and coordinate with various stakeholders to ensure that queries are resolved to receive prompt settlement.

· Follow up on outstanding past due with customers for better cash flow.

· Accounting for logistics and ad-hoc projects

· Update daily incoming fund and supporting documents for bank receipts.

· Posting of receipt entries in accounting system

· Perform receipt allocation in accounting system.

· Update monthly bank reconciliation and monthly audit schedule.

· Generate monthly Accounts Payable and Receivables aging reports.

· Any other ad hoc project assigned by the management.

Candidate’s Requirements:

· Obtained Diploma qualification in relevant discipline or similar.

· At least 2 years’ working experience in the related field.

· Good communication and interpersonal skills

· Responsible, team player and willing to learn.

· Preferably with good knowledge of in financial accounting

contact Grace 87952790

Salary Range : $2800 to $3200

Office Location: 
Pioneer Turn, Jurong
Hybrid (2 days WFH)

What we offer

• Competitive salary and benefits package
• Opportunities for career advancement within a global luxury brand
• A diverse and inclusive workplace
• Ongoing training and development programs
• Experience the prestige of working with iconic beauty and fragrance brands

Your skills and experience

• Meticulous
• Good team-playing skills
• Ability to work under pressure in a fast changing environment
• Dynamic and proactive
• Strong in accounting entries
• Knowledge of SAP and Accpac is a plus
• Knowledge of GST is a must
• Knowledge of Microsoft excel (formulas, pivot table and basic functions)
• Diploma/Degree in Accountancy / ACCA / currently pursuing ACCA
• 5 years of experience in Accounting
• Must not be a job-hopper (someone who changes companies every year or two on one's own volition

Roles & Responsibilities:

• Handle full set of company’s accounts for several entities.
• Prepare monthly reconciliation for accounting reports purposes.
• Prepare periodic budget and ad-hoc management report.
• Handle corporate taxation matters, GST and company grant.
• Improvise finance process workflow.
• Project expenses budget, cash flow monitoring, internal controls and forecast application.
• Provide financial advice to management so to improve business operation and achieve better cost-saving.
• Assist in general office administration including HRM when assigned.

Job Requirements:

• Diploma in Accounting, Finance and professional qualification in Business Administration.
• At least 5years of Financial Accounting experience in marine industries.
• Report to director on all financial matters.
• Possess strong business acumen and a flair for financial analysis and problem solving.
• Must be able to work under pressure.
• Organized, meticulous and an eye for detail.
• Must be able to work independently.

About us (About SLB)

We are a global technology company, driving energy innovation for a balanced planet.
Together, we create amazing technology that unlocks access to energy for the benefit of all.
Our inclusive culture is the key to our success. We collaborate with our internal community of colleagues, alumni, and our valued external partners to support each other and achieve our goals. We aim to raise the bar high. We look for people who are committed to innovation and success and act with integrity to become and be a part of one of the most diverse group of experts in our industry, anywhere around the globe.

Global in outlook, local in practice – and with a united, shared passion for discovering solutions, we hire talented, driven people and support them to succeed, personally and professionally.

Job Summary:

Reporting to the Center Manager and functional to the PS Assistant Controller, this role is responsible for the financial operations of the 3 Manufacturing Centers in Singapore, Subang and Batam.

Roles & Responsibilities:

- Internal controls, compliance with company policies & procedures, SOX compliance, insuring complete accounting & finance integrity.

- Document and implement the finance and accounting processes and policies to include business case, financial ownership, financial and operations processes, deadlines and responsible for reporting.

- Provide financial advisory role to Operations and guide financial decisions by establishing financial process, monitoring, and enforcing policies and procedures.

- Work closely with the Hubs to support the plant accounting, error resolution, process changes and policy implementation.

- Drive financial/business process improvement and transformation initiatives to build best in class processes that are efficient to support continuous growth of the business.

- Prepare and report in SAP/BPC actual results for selected entities (not to include statutory results).

- Lead in the monthly NFM, quarterly ROFO and annual Budget process and present to the Management.

- Consolidation and reporting of Center results to the Management.

- Prepare/review ad hoc reports for Company management with focus on operations and actively involved in operations strategic decisions by means of explaining financial tools available and financial implications of the decisions made.

- Prepare/review Investments analysis for decision making (AFE’s).

- Assist Hub in the External Statutory and Tax audit and reporting requirements.

Qualifications and Education Requirements:

- Degree in Accounting with at least 10 years of relevant experiences, of which 3 years are in a similar capacity.

- Background in an oilfield environment, especially within the drilling products sphere will be highly advantageous.

Competencies:

- Advanced working knowledge of SAP. Working knowledge of BPC and sound understanding of US GAAP.

- Strong leadership skills.

- Good understanding of process, system, and data.

- Strong commercial awareness, strong critical thinking skills and high attention to detail.

• Check and compiledocuments for AccountsSettlement and issuepayment requests.
• Issue accounting notes and prepareStatement of Accounts.
• Check sales and purchase contracts.
• Ensure completeness of deal entry and match against signed contracts for physical trade.
• Perform validation of the trades done against trade incoterms.
• Acknowledge incoming paymentsfrom clients swiftly.
• Handle office enquirieson all incoming monies matters.
• Liaise with counterparties to verify payments.
• Liaise with overseas companies to reconcile the accounts.
• Maintain proper filing and accurate documents/records.
• Any other tasks, duties or projects as assigned by the direct manager.

Requirement:

• Diploma in Accountancy or Business Administration.
• At least 2 to 3 years of experience in accounting for a commodity trading house.
• Proficient in Microsoft Excel.
• Knowledge of Microsoft Dynamics 365 F & Ois an added advantage.
• Team player with good communication skills.
• Able to collaborate well with cross-functional, interdisciplinary teams to complete tasks under tight schedule.
• Detailed, meticulous and able to work well in a fast-paced environment.
• Responsible with strong analytical and organisational skills.

Location: Jurong East MRT (2 min walk from mrt)

5 days work week

HOW TO APPLY :

Interested candidates, please submit your resume by clicking on “Apply Now” or aliceyap(a)hkmsvs.com

All applications will be treated in the strictest confidence and only shortlisted candidates will be notified

Yap Lay Choo

EA Licence No. 03C5391 | Registration No. R1987101

Office Location: Pioneer Turn, Jurong (2 days WFH)

What we offer

• Competitive salary and benefits package
• Opportunities for career advancement within a global luxury brand
• A diverse and inclusive workplace
• Ongoing training and development programs
• Experience the prestige of working with iconic beauty and fragrance brands

Your skills and experience

• Meticulous
• Good team-playing skills
• Ability to work under pressure in a fast-changing environment
• Dynamic and proactive
• Strong in accounting entries
• Knowledge of SAP is a plus
• Knowledge of GST is a must
• Knowledge of Microsoft excel (formulas, pivot table and basic functions)
• Diploma/Degree in Accountancy / ACCA / currently pursuing ACCA
• 5 years of experience in Accounting

Job Description:

- Manage monthly GL closing, Quarterly GST submission, Annual Audit and tax queries, Survey, etc.

- Supervise Finance staff, providing guidance as need.

- Perform Ad-hoc duties as assigned.

Requirements:

- Diploma or degree in accountancy.

- Mininum 3 years of relevant experience in accounting job.

- Good interpersonal and communication skills; Detail-minded with strong sense of confidentiality.

- Mature, stable, initiative and able to work efficiently in a fast pace environment.

- Good in MS Office applications particularly in MS Excel and Words.

Interested candidate please send in your resume to [email protected]

Ø 10+ years of experience in Finance and accounts.

Ø Minimum 6 years’ experience in IFS ERP software.

Ø Experience in annual budgets preparation in IFS.

Ø Experience in quarterly forecasts preparation in IFS.

Ø Experience in monthly journal entries for book closure.

Ø Experience in bank reconciliation statements.

Ø Experience in monthly sales invoice accounting in customer portal and IFS ERP Software.

Ø Experience in GST submission and corporate tax and etc.

Ø Quarterly Balance sheets review with management.

Ø Monitoring budgets and compared them with actual costs.

Ø Experience in intercompany reconciliations as per IFRS.

Ø Experience in monthly provision of outstanding expenses and schedules.

Ø Quarterly review of project-wise contract sheets (cost and revenue) with management.

Ø Experience in reports on open liabilities, PO commitments, unadjusted advances, and retentions.

Ø Experience in audit schedules for quarterly audits.

Ø Coordination with projects for recovery and settlement.

Ø Experience in payments to suppliers, subcontractors and Letter of credit in regular basis.

Ø Coordinate with the IFS (ERP) team for various reports as per requirements

Ø Monthly/weekly Cash flow preparation.

Job Summary

The Senior Assistant (Accounts Payable) - Finance supports the finance department in carrying out the responsibilities of the accounting department. He/she is involved in work that is specific to accounts receivable, accounts payable, data compilation, sales billing, vendor invoice posting and other accounting tasks. In some instances, he/she may work specifically with accruals, and the monthly and yearly finalisation of accounts receivable account payable for audit purposes.
The Senior Assistant (Accounts Payable) - Finance assist with the preparation of monthly reporting, and close monitoring of debt collection or payment processing. He/ She may be called on to participate in ad-hoc finance-related projects, lead in continuous improvement projects and systems testing when necessary.

Job Responsibilities

• Perform month-end accrual activities.
• Record and process all business transactions in the accounting system using double entry accounting.
• Compile the relevant business documentation used in banking processes.
• Monitor GRIR and timely payment processing.
• Ensure billing completeness, Monitor collection of debts.
• Communicate with internal stakeholder on collection / payment queries.
• Use relevant Infocomm technology systems and tools effectively for data analysis.
• Enter accurate data into the accounting system.
• Assign account codes to all transactions in the accounting system.

Professional Qualifications & Relevant Experience

• Higher NITEC / A Levels in Business / Economics
• 2 years of relevant experience will be preferred.
• However, entry level is welcome to apply
• Experience with using SAP is advantageous.
• Well-versed in MS Office, especially MS Excel, PowerPoint and Words

Responsibilities:

• Lead and provide guidance to Finance team to ensure financial reports are delivered according to Group’s financial guidelines and timelines
• Business partnering with Finance Shared Service, Operations teams and stakeholders to provide advice on financial reporting and planning activities
• Review monthly closing of accounts, financial reports, analysis for management’s decision making and ensure compliance with group’s accounting policies
• Prepare and/or review sub-groups monthly analysis, reports and presentation slides
• Manage sub-groups’ annual budgeting and ad hoc forecasting processes
• Coordinate with internal stakeholders and external auditors on reporting requirements
• Support investment and divestment activities
• Perform financial simulation or scenario planning and ongoing process improvements
• Propose improvements to existing processes and procedures to increase team’s effectiveness and efficiency
• Any other duties as assigned

Requirements:

• Degree in Accountancy or equivalent
• At least 15 years of relevant working experience, of which at least 5 years in supervisory capacity
• Good understanding of Singapore financial reporting standards and local tax rules
• Ability to work independently and effectively deliver under tight timelines
• Excellent team worker with strong communication, analytical, people-management and organization skills
• Proficient in Microsoft Office applications (such as Excel and Powerpoint) and familiarity with IBM Cognos Controller, SAP accounting software is an added advantage

Deliverables/Business Partnering 

• Work closely with regional, local, JV & HQ teams and develop excellent knowledge of KENZO SEA local markets operating environments  

• Operational tasks including order processing, monthly closing, periodic sales performance, etc 

• Deliver timely, accurate & qualitative communication of Kenzo SG books and business performance 

• Support consolidation, analysis, and reporting of the brands’ performance.  

Actuals 

• Maintain day to day operation of the brand. 

• Analyze overall delivery of company financial targets on a regular basis & report to the business with recommendations as necessary including P&Ls and Cash flow drivers (stocks, capex, etc.) 

• Assist to analyze the business risk and preparation of back-up plan for business target achievement 

• Prepare monthly analysis of the main Key performance indicators (sales, P&L, DOI, Stock in trade, Capex..) in accordance with brand management needs 

• Handle local reports requested by the regional and HQ teams 

Forecasts (Budget, Revision, Landing, …) 

• Prepare budget and revisions in accordance with parent company requirements and timetable, working with the local management and finance teams to gather information in a timely and accurate way 

• Maintain cost control responsibility; provide relevant reports and rationale, with recommended action plans to the business for tight budget control  

• Support the brand in preparing the 3 years long-term strategy plan 

Ad hoc Analyses & Projects 

• Prepare/review the investments requests 

• Provide analytical support to cross-function initiatives and ad hoc projects 

• Participate in new markets opening preparation, simulations and operations 

• Continually seek to improve processing efficiency and accounting/controlling capabilities of the company 

• Participate in the implementation of finance / IT projects for the accounting/controlling functions 

• Reinforce internal control requirements and implement procedures as necessary.  

calculate & submit AP / AR function

Prepare Bank Reconciliations

Handle Quarterly GST reporting and submission and other IRAS submissions

Preparation of monthly report and ensure timely closing of accounts

Handle full set of accounts

Support audit and tax queries

Requirements:

Min Diploma in Accounting & Finance or equivalent

At least 3 years of experience in accounting & finance

Proficient in MS Word, Excel & any ERP accounting software

Strong understanding of accounting principles

Ability to work in a dynamic environment

Ability to work independently with a high degree of accuracy and efficiency

Knowledge of Mandarin is essential to handle queries and feedback to the Chinese investors

Maintain full sets of accounts, including month-end closing

· Performing general ledger postings and reconciliations of all balance sheet accounts

. In charge of Accounts Payables and Receiveables

. Management of student subsisidies

· Liaise with external parties (example audits, tax agent and bank officers)

· Ensure compliance with local regulations (Singapore FRS, TAX)

· Prepare quarterly GST Filing

· Prepare monthly management reports and package to HQ on time.

· Perform standard cost update, posting & review accounting entries

· Prepare audit schedules

· Must be able to fulfil deadline and support other adhoc/admin duties

· Present monthly finance statement to management

· Degree in Accountancy/Finance or ACCA or equivalent

· At least 1-2 years of relevant working experience

· Good supervisory skills, “can-do" attitude and a good team player

ABOUT THE NATIONAL INSTITUTE OF EDUCATION (NIE)

The National Institute of Education (NIE), Singapore, is Singapore’s national teacher education institute and we are proud to be an integral part of the nation’s education service. We play a key role in the preparation of teachers and in the provision of teacher professional and school leadership development programmes. We are committed to our vision of being An Institute of Distinction: Leading the Future of Education and our mission to Inspire Learning, Transform Teaching and Advance Research.

NIE invites applicants to join the Finance Department as an Executive. This is a 3-year contract position.

Executive (Finance Department) [NIE]

Responsibilities

You will be part of the team which handles research grant-related financial matters for the Institute. Your responsibilities will include:

· Administer research grants and projects.

· Payment processing of vendors’ invoices to ensure purchases are in accordance with rules and regulations of funding agencies.

· Payment processing of transport and general staff claims.

· Responding timely to enquiries pertaining to research grant financial matters.

· Assisting in the design, implementation and review of financial processes, policies and guidelines for continuous improvements, through streamlining and automation.

· Handling ad hoc duties as assigned.

Requirements

· A Polytechnic Diploma in Accountancy or its equivalent.

· 2 or 3 years of working experience in accounting.

· Organized and meticulous in handling numbers and data.

· An effective team player with a positive working attitude and is willing to learn and adapt, with problem-solving skills.

· Good organizational and communication skills, ability to prioritise, plan and multi-task and deliver assignments to adhere to timelines.

· Proficient in Microsoft Office applications, especially Excel pivot tables and formulas.

· Experience in SAP would be an added advantage.

Closing Date: 19 March 2024

We regret that only shortlisted candidates will be notified.

Other Information

NIE staff can take chartered buses at their own expense from or near their homes to NIE campus. This is subject to the availability of seats.

• Book keeping maintains records of financial transaction
• Quarterly GST submission
• Take into account for delivery invoices
• Tenancy agreement & preparation, issue monthly tenancy invoices
• Payroll record
• maintains proper filing and retrieves documents from files
• Petty cash reimbursements
• Incoming and outgoing via IBG/GIRO/TT
• Issue sales invoices
• Inter-company transactions
• Management of motor/fire/vessel insurance (incl. renewal)
• Road tax, VCP, PSA, VEP & renew vehicle terp
• account receiveable
• reclassify finanical statements based on Japanese accounting standards
• Monthly/Quarterly/Yearly financial reports to HQ in Japan
• Report daily issues to Japanese Management
• Fluent in Japanese and English as this position is required to report to HQ in Japan and communicate with Japanese Management.

Finance Analyst - Inventory

Our culture believes in POWERING YOUR POTENTIAL. We provide global opportunities to develop your career, make your community a better place and work with today’s most innovative thinkers to solve the world’s toughest problems.

We believe in flexibility for you to explore your passions while making an impact through meaningful work within our inclusive workforce. That’s what #LifeAtCummins is all about.

We are looking for a talented Finance Analyst - Inventory to join our team in Tuas South, Singapore. This will be following Hybrid work model.

In this role, you will make an impact in the following ways:

· Responsible for conducting cost analysis to support management in making operating decisions.

· Runs monthly cost updates and/or prepares standard cost data including annual cost role up.

· Maintains cost master; creates and maintains costing for new items.

· Develops and conducts basic cost audits and cost analysis.

· Analyzes cost variances (IPV (Invoice Price Variance/PPV (Purchase Price Variance) and monthly movements), determines root causes, and prepares recommendations and alternatives for improvements for review by supervisor.

· Identifies data analysis needs and works with appropriate departments to obtain the data on a regular basis.

· Prepares analysis and drafts presentation materials for review by supervisor.

· Assists in the inventory valuation process.

To be successful in this role you will need the following:

• US Generally Accepted Accounting Principles - Evaluates US accounting standards to record transactions in compliance with requirements and company policies; assesses the accounting requirements and objectives to determine the implications on the business and communicate to stakeholders with varying financial knowledge.
• Financial Reporting - Analyses financial data by evaluating results and solutions to support business decisions; prepares and presents financial information by summarizing data to communicate results in compliance with regulations and stakeholder expectations; partners with stakeholders to drive financial performance that aligns to organizational goals and strategies.
• Financial Internal Controls - Leverages internal control framework by assessing internal controls and developing remediation plans to mitigate financial reporting risks and respond to changing business needs.
• Business Partnering - Collaborates with stakeholders and develops partnerships to drive performance that aligns to organizational goals and strategies; influences the organization by demonstrating knowledge of the business to provide guidance to support the decision-making process and guiding the business towards positive results and organizational alignment; evaluates business environment using measures to mitigate risk and capitalize on opportunities.
• Financial Analysis - Interprets financial data by analyzing trends, variances, opportunities, and risks to provide insight to stakeholders regarding financial impact to drive business improvement; evaluates financial results against targets to communicate conclusions to all stakeholders; ensures integrity of financial data by investigating variances and determining corrective actions to resolve identified issues.
• Product Costing - Establishes total material costs to ensure compliance with policies and completeness of the bill of materials; develops labor and overhead rates to ensure inventory costed in compliance with company policies; analyses actual cost to understand variances to estimates to improve integrity of results.
• Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Collaborates - Building partnerships and working collaboratively with others to meet shared objectives.
• Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Nimble learning - Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder.
• Self-development - Actively seeking new ways to grow and be challenged using both formal and informal development channels.
• Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders.

Preferred Qualifications:

• College, university, or equivalent degree in Accounting, Finance or equivalent field or studying for accounting entry qualifications.
• Minimal relevant professional work experience in the field of study required.
• Not able to support cross-border relocation.
• Financial/ Month End Accounting
• Month end accounting for inventory related journals such as – FIFO (First In First Out), external suppliers’ transit, EnO (excess and obsolete) & NRV (Net realizable value) accruals, etc
• Month end accounting for GPL (Global Planning Logistics) Transportation – accruals, cross-charges, etc.
• Preparer for working file to review GPL Transportation financial performance (actual vs. forecast, actual vs. AOP) for internal review and Corp submission.
• ARM reconciliations
• Manage Indirect GRNI (Goods received not invoiced)– ensure work to clear down aged items.
• Other Tasks
• Preparer for inventory annual API exemption request
• Preparer and in charge for inventory costing (annual, half year and adhoc)
• Preparer for GPL Transportation forecast and AOP working files.
  Support statutory requests.
• Support submission of monthly cash forecast for Corp Treasury
• Business Partnering for Singapore GPL Transportation site (provides data, work with stakeholders for certain information used in forecast, etc)
• Develops and improves procedures.
• Support ad-hoc work as required.
  

Compensation and Benefits

• Salary rate commensurate with experience. Flexi Benefits, Variable Compensation (bonus). Annual Salary Review. Life Insurance. Medical, Dental / Hospitalization Insurance.

At Cummins, we are an equal opportunity employer dedicated to diversity in the workplace. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, gender, colour, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity and/or expression, or other status protected by law.