Key Responsibilities
1. Monthly Accounts Closing
- Manage full set of accounts and ensure timely and accurate month-end and year-end closing.
- Prepare and review journal entries, accrals, prepayments, and balance sheet reconciliations.
- Ensure completeness and accuracy of financial records in compliance with accounting standards.
- Perform variance analysis against budget and prior periods, providing insights to management.
2. Financial Reporting
- Prepare monthly, quarterly, and annual financial reports for management review.
- Ensure reports are accurate, timely, and aligned with company policies.
- Assist in budgeting, forecasting, and cash flow projections.
- Provide financial analysis to support business decision-making.
3. Audit & Compliance
- Liaise with external auditors for annual statutory audits and ensure smooth audit processes.
- Prepare financial statements in accordance with Singapore Financial Reporting Standards (SFRS).
- Provide audit schedules and supporting documentation, and resolve audit queries promptly.
- Ensure compliance with statutory and regulatory requirements.
- Maintain proper documentation in line with requirements from the
- Inland Revenue Authority of Singapore (IRAS).
4. GST & Tax Compliance (Singapore)
- Prepare and submit GST returns (F5) accurately and on a timely basis.
- Ensure correct GST treatment for transactions in accordance with IRAS regulations.
- Reconcile GST accounts and maintain proper supporting schedules.
- Assist in corporate tax computation and submission, including coordination with tax agents where applicable.
5. Banking & Treasury Coordination
- Liaise with banks on account operations, financing facilities, and documentation requirements.
- Prepare and submit required documents for bank transactions, compliance, and credit reviews.
- Monitor cash flow and ensure sufficient liquidity for operational needs.
- Perform bank reconciliations and investigate discrepancies.
6. Process Improvement & Internal Controls
- Review and enhance accounting processes, systems, and internal controls.
- Ensure adherence to company policies and financial procedures.
- Maintain proper documentation and filing for audit and regulatory compliance.
Requirements
- Bachelor’s Degree in Accounting, Finance, or related discipline.
- Professional certification (e.g., ACCA, CPA, CA) preferred.
- Minimum 4–6 years of relevant accounting experience in Singapore.
- Strong knowledge of Singapore Financial Reporting Standards (SFRS), GST, and tax regulations.
- Experience in handling full set of accounts and audit.
- Familiarity with ACRA and IRAS compliance requirements.
- Proficient in accounting systems and Microsoft Excel.
- Strong analytical, organizational, and communication skills.
Preferred Attributes
- Hands-on experience with GST submissions and corporate tax processes in Singapore.
- Ability to work independently and meet tight deadlines.
- High level of integrity, attention to detail, and accountability.