Salary: up to $5500 + 500 transport allowance
Working Days & Hours: Mon-Fri Office Hours
Location: Tuas (Transport Pick Up: Jurong East, Boon Lay, CCK, Woodlands, Tampines, Sengkang, Bishan, Paya Lebar, Yishun)
Job Description:
Lead the FP&A (Forecast and Budgeting) including preparation of annual budget package; overall (excluding product costing and product-driven variances) budget and quarterly forecast submission, and these includes presentation slides and clear analysis of key budget/forecast movements on Spending.
Coordinate Monthly SMO Reporting (to PGS Corporate Finance) and prepare spending trend charts for the monthly finance deep dive review with SLT.
Perform monthly/quarterly activities including the following:-
• Monthly analysis of non-costing / inventory related P/L variances (Actual vs. Budget and/or Latest Estimate Forecast).
• Prepare post month-end close analysis on statistical recharges and propose adjustments to adjust out from Other Cost of Sales to Operational Spending. Follow up on incorrect or unknown charges.
• Review intercompany Allocation In (GSC Freight Allocation) /Statistical recharges to ensure accuracy.
• Prepare/ submit Profit and Loss Review (MOS) reports on a quarterly basis.
In this Spending lead / finance representative role,
• Business partner to cost centre owners (manager and directors in non-core departments including Site Leadership Team and Admin, EHS; Business Excellence; Site-HR and Finance) addressing ad-hoc queries / detailed Spending analysis;
• Subject Matter Expert for Jedox Planning and Forecast system (Operational Spending)
• Closely monitor other key B/S accruals - Non-two-way match PO accruals (posted by local site finance) and Expatriate costs accruals on Global Mobility relocation costs, and others as needed.
• Lead continuous improvements for Budget; Forecast and Spending eg. Ariba two-way match PO accruals Optimisation (by developing formula and rules) and coordinate with GBS on accurate posting
• Improve the site awareness (financial literacy training) on Budgeting, Spending and Ariba (linked to two-way-match PO accruals) to improve overall Planning efficiency as well as accrual accuracy on operational spending.
In Financial Reporting, for month-end closing, one of the key activities for Spending is to estimate recharges (excluding secondment fees) under the Tuas tolling model; and liaise with to provide supporting details of charges, where applicable.
Reconciliation of AP-clearing account: including, but not restricted to
• Roll up quarterly True-up adjustments assessed and invoiced to release existing accruals.
• Annual MSA - MUV settlement to adjust out from Spending to utilise existing accruals
Liaison with GBS - AR team on processing of:
• Draft non-product invoicing including KSM incremental recharges (storage & insurance); and SOW billings (negotiated by PC1 and agreed)
• Draft GIS requests for intercompany non-product billing, where applicable.
Serve as alternate main point of contact for financial audits. Support:
• internal audit (mainly on SAP PC control optimisations assigned on Financial Reporting excluding Quarterly Impairment Review and Outsourced Vendor); and
• external audit on Spending Variance and P&L (Actual vs. OP by total department) commentaries.
Coordinate with GBS – GL team on the completion of annual government surveys to be reconciled with Monthly Manufacturing Activity survey submitted to EDB.
Job Requirements: Min Degree in Accountancy & Finance or similar w min 3 yrs of relevant financial analyst experience, preferably in pharmaceutical industry
Interested candidates, please submit your resume to: [email protected]
Ally Audrey Lok Xin Woon
Recruit Express Pte Ltd (Healthcare & Lifescience)
Company EA Licence number : 99C4599
Personnel EA License: R21102307
