Finance Executive, Fixed Assets
Full-time
Senior Executive
3 days ago
The incumbent shall be part of the Finance Shared Services (FSS) team responsible for the daily operation of Fixed Asset (FA) function in accordance t..
The incumbent shall be part of the Finance Shared Services (FSS) team responsible for the daily operation of Fixed Asset (FA) function in accordance to 1FSS Service Level Agreement (SLA). Duties and Responsibilities:
- Supervises a team of three staff.
- Review and ensure transaction postings, such as addition, disposal, transfer, write-off, exchange and journal entries, compliance with Singapore Financial Reporting standards (FRS) & Institutions Finance Group policies.
- Monitor Assets under Construction / FA clearing open items schedule, ensuring staff have performed follow-up actions and post asset capitalisation timely.
- Monthly, review fixed asset, deferred income and right-of-use audit schedules by the timeline agreed with PHIs.
- Review fixed asset verification returns ensuring staff have completed necessary follow-up actions and report to PHIs’ Finance upon closure.
- Liaise with internal / external stakeholders and auditors on Fixed Asset related matters
- Provide staff training; give performance feedback and coaching to staff to achieve corporate KPIs.
- Review work processes to improve efficiency and to strengthen internal control procedures
- Any ad-hoc duties as assigned.
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