Total 2 cost accountant job vacancies in Finance / Banking / Insurance category in D25 Kranji, Woodgrove, Woodlands

Main Duties and Responsibilities

We are seeking an accomplished Cost Controller to join our pre-opening team in Mandai Rainforest Resorts by Banyan Tree. As part of the pre-opening team, the incumbent will play a pivotal role in establishing and managing the financial setup for the Resort.

The Cost Controller will be responsible for establishing a robust financial foundation by setting up our accounting systems, ensuring financial compliance and ensuring all financial related matters are in-place from the get-go.

Key Responsibilities

• The incumbent will assist the Director of Finance in preparing regular financial reports, including actual performance, cost forecasts, and variance reports.
• Responsible for managing and analyzing the company's costs. This role involves developing and implementing strategies to optimize spending, identify cost-saving opportunities, and ensure financial compliance.

Cost Analysis:

• Conduct in-depth analysis of cost data to identify trends, variances, and potential areas for improvement.
• Prepare detailed cost reports and provide insights to management for decision-making.
• Develop and maintain cost control systems and procedures.

Budgeting:

• Assist in the preparation of annual budgets and forecasts.
• Monitor budget performance and identify variances, investigating and addressing any discrepancies.

Financial Reporting:

• Prepare and analyze financial reports, including profit and loss statements and balance sheets.
• Ensure accurate and timely reporting of financial information.

Cost Optimization:

• Identify and implement cost-saving initiatives, such as negotiating better terms with suppliers or optimizing resource utilization.
• Lead and participate in cross functional teams to develop and execute cost-saving initiatives.

Job Requirements

• Degree or Diploma in Accounting, Finance, Business Management, Economics or a related field.
• Solid track record of 4 to 6 years’ experience in a similar capacity, preferably in the hospitality industry. Pre-opening experience would be useful.
• Strong knowledge of cost structures, and financial challenges in resorts will be highly desirable
• Ability to interpret financial data, identify trends, and make informed recommendations
• Advanced skills in Microsoft excel, powerpoint and familiar with cost control methodologies with the ability to present financial information in a clear and concise manner
• Strong interpersonal skills to collaborate effectively with various departments
• Strong organizational and time management skills coupled with the ability to manage multiple tasks simultaneously

• Responsible for supervision of accounts receivable functions at both the entity and group levels. Assist in month-end closing activities and support yearly audit activities.

• Keep track of customer payments, ensuring accurate application to outstanding invoices.

• Identify opportunities for process improvements within the AR function.

• Evaluate and establish credit limits for new and existing customers.

• Review credit terms and conditions and make recommendations for adjustments.

• Monitor and follow up on overdue accounts receivable. Prepare and analyze accounts receivable aging reports.

• Provide regular status report of outstanding receivables to management.

• Ensure compliance with company policies, accounting standards, and relevant regulations.

Requirements:

• Degree in Accounting or equivalent

• Minimum 5 years of relevant experience in credit control, treasury management, or related roles preferably in manufacturing environment

• Proficiency in MS Office suite (Excel, Word, PowerPoint) and financial software applications.

• Proficiency in financial analysis, cash flow forecasting, and financial modeling.

• Excellent communication, negotiation, and relationship management skills

• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment

• Office: Jurong/BoonLay | Mon – Fri: 8:30am to 5:45pm

• Monthly Salary + AWS + Bonus

• Candidates available on short notice preferred

We invite interested and qualified candidates to send in your updated resume (MS Word Format), stating your reasons for leaving each employment, your current and expected salary to [email protected] and cc [email protected]. Please indicate the position you are applying in your email subject. Your interest will be treated with strict confidentiality,

We regret to inform that only shortlisted candidates will be notified

EA License: 90C3627

EA Reg No: R1108020