The Group Accounts Manager is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices, and procedures to ensure accurate and timely financial statements. He/She will address tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year-end audit preparation, and the support of budget and forecast activities.
Job Description
- Ensure the timely consolidated Financial Statements, management reporting, cash flow, budget and audited Financial Statements by respective subsidiaries.
- Ensure an accurate and timely monthly, quarterly and year end close for CPF submission, Income Tax forms for Employers, GST submission, XBRL submission, tax submission and year-end audit closing.
- Weekly management reporting of cash and Trade Finance position for whole group of companies.
- Monitor and approve purchase budget for cargo arrangement from respective subsidiaries via TRI.
- Managing both local and overseas subsidiaries to ensure timely reporting of management accounting.
- Travel to respective overseas subsidiaries at least once every 3 months for both internal and compliance audits based on statutory requirements.
- Manage audit teams for both local and overseassubsidiaries to ensure timely completion of audit for each entity.
- Liaise with various overseas subsidiaries for monthly, quarterly and yearly closing as required for intercompany accounts reconciliation.
- Overseeing the daily activities of the accounting department and ensuring that all major projects, month-end and year-end reports are completed accurately.
- Ensure that all cheques/cash received from customer is deposited in the Company’s bank account.
- Check to ensure all management reporting, audit schedule, payment vouchers, Invoices, credit and debit notes are in order and correct.
- Ensure that the payments received from customers are in order and correct and debtors’ list is always updated.
- Follow up closely with customers on all outstanding invoices and inform Management of any doubtful debts.
- Check and ensure that the Bank Statements reconcile with Cash Book.
- Check and ensure monthly staff claim and sales commission are correct (ensure to supervise).
- Check and ensure monthly statement of accounts to customers for debt collection (ensure to supervise).
- Preparing and submit all payroll for ALL entities in Singapore.
- Supervise and approve payment and payroll from respective subsidiaries.
- Assist with compilation of information for preparation of annual review of banking facilities, tax return and year-end auditing.
- Liaise with Audit, Tax, Corporate Secretary and Banker to ensure overall coordination of all financial accounting activities through annual report
- Answering all Audit queries and IRAS queries.
- Perform other ad hoc duties as assigned by Managing Director
Requirements:
- Minimum Degree in Accounting with 5 years of related working experience.
- Possess knowledge of bookkeeping and accounting principles, practices, standards, laws and regulations.
- Excellent leadership and communication skills.
- High level of efficiency and accuracy.
- Strong budgeting, financial forecasting and financial analysis skills required.
- Good attitude with positive mindset and willing to learn.
- Possess analytical skills, meticulous and with a high level of integrity and responsibility.
- Ability to direct and supervise.
- Proficient in Microsoft Word and Excel
- ONLY Singaporeans and PR need to apply.
Interested candidates are invited to apply with a comprehensive resume. We apologise that we will only respond to shortlisted candidates.
