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Jobs in Singapore   »   Jobs in Singapore   »   Accounting / Auditing Job   »   Financial Accounting Specialist
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Financial Accounting Specialist

Central Provident Fund Board

Central Provident Fund Board company logo

As a member of Team Central Provident Fund (CPF), you will play a crucial role in helping over 4 million members save for their retirement, healthcare, and housing needs as well as helping them cope with life’s uncertainties. With a fulfilling career, career growth, and development opportunities, you will be part of a big family of dedicated professionals. Join us and champion financial security for Singaporeans while leaving a lasting legacy.


What you will be working on

  • Perform and manage the timely monthly closing activities, ensuring accuracy and integrity of financial reports and providing strategic insights and recommendations to internal and external stakeholders.
  • Ensure compliance with Statutory Board Financial Reporting Standards
  • Lead the implementation of FRS 117 Insurance Contracts.
  • Collaborate with cross-functional departments to gather and analyze financial performance, identifying anomalies and risks from the review of financial data.
  • Develop and implement effective financial processes and systems to ensure accurate recording of financial transactions in accordance with accounting standards and financial regulations.
  • Manage and optimise funds' cash flows, maximizing investment returns while adhering to risk management policies.
  • Ability to lead and mentor a team of accounting officers, providing guidance and support to enhance team performance and professional development.
  • Act as a liaison with Government Bodies, Statutory Boards, and the President's Office on financial reporting matters, ensuring compliance and timely submissions.
  • Undertake ad-hoc tasks and projects to support the overall finance function.

What we are looking for

  • Relevant work experience in accounting or audit, preferably with prior working experience or familiarity to the insurance industry.
  • Good understanding of Singapore/Statutory Board Financial Reporting Standards, with proficiency in FRS 109 Financial Instruments.
  • Strong analytical, interpersonal, and communication skills, with the ability to interpret and convey complex financial information effectively.
  • Experience with PowerBI or similar business intelligence tools preferred, with the ability to use data visualisation for enhanced reporting and insights.
  • Continuous learning mindset, with a willingness to stay updated on evolving accounting standards, regulations, and industry best practices.

The successful candidate will hold the corporate title of Manager/Senior Manager, with seniority based on individual work experiences.


What you can expect

  • A challenging and rewarding career
  • A variety of formal and informal training to enhance your skills in the evolving technology landscape
  • Promotion opportunities based on your capability and on-the-job performance
  • A friendly work environment with like-minded colleagues to co-create and collaborate together
  • A hybrid work model allowing remote work for up to 50% of the time, contingent upon the exigencies of service
  • A productive yet growth-oriented workplace with a flexible dress code empowering you to decide your appropriate outfit for the day
  • A comprehensive rewards package
  • Annual leave and pro-family leave
  • Medical and dental benefits
  • Access to recreational activities
  • Position is on a 1-year full-time contract directly under the payroll of CPF Board with an option to renew, contingent upon confirmation and subject to organisational needs. Additionally, there is potential for emplacement into a permanent position
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