2683 - Finance Manager - Group Consolidation
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Description
WhatsApp: +65 90820021 (Kyler)
Email: kylergan.supreme@gmail.com
5 days, 8,30am to 5.50pm
Salary: $7000- $7500
Location: Bedok
Reports to: Finance Controller
Job responsibilities:
Group Financial Reporting & Consolidation
- Lead and manage the timely and accurate preparation of the Group’s monthly, quarterly and annual consolidated financial results in accordance with SFRS(I) and applicable regulatory requirements.
- Review the Group’s consolidated financial statements and prepare SGX quarterly and full-year results announcements, annual report financial disclosures and other regulatory reporting deliverables, including relevant financial analyses, supporting schedules and commentaries.
- Review consolidation workings and adjustments, including intercompany eliminations, foreign currency translation, acquisition accounting and other consolidation entries, ensuring accuracy and completeness.
- Review subsidiaries’ financial results, reporting packages and significant variances, and liaise with respective finance teams to resolve reporting issues.
Management & Board Reporting
- Prepare financial performance analyses and commentaries covering revenue, profitability, operating expenses, EBITDA, working capital, cash flow and other key financial indicators.
- Investigate significant financial movements and variances, obtain explanations from subsidiaries and business units, and ensure meaningful and well-supported financial commentaries.
- Support the Group’s annual budgeting, forecasting and financial planning processes.
Technical Accounting & Advisory
- Research, assess and document accounting treatments for complex or non-routine transactions in accordance with SFRS(I), including business combinations, impairment assessments, leases, revenue recognition and financial instruments.
- Identify and escalate significant accounting issues, judgements and financial reporting risks, supported by appropriate analyses and recommendations.
Audit, Tax & Regulatory Compliance
- Coordinate Group external audit activities, including review of audit schedules, resolution of audit queries and timely completion of audit deliverables.
- Review tax computations and coordinate with tax advisers to ensure timely and accurate submissions
Singapore Entities – Accounting & Finance Operations
- Oversee the accounting and financial reporting functions of the Group’s investment holding company and other assigned Singapore entities, ensuring accurate accounting records and timely financial closing.
- Review journal entries, monthly financial statements, bank and balance sheet reconciliations, intercompany balances and other supporting schedules prepared by the accounting team.
- Review and verify bank payments, supporting documents and related transactions, ensuring compliance with established approval procedures and internal controls.
- Oversee accounts payable, accounts receivable, intercompany transactions, loans, interest charges and dividend distributions, ensuring accurate accounting and timely resolution of outstanding matters.
- Coordinate GST reporting, corporate tax computations, statutory audits and other compliance requirements for the assigned entities.
System Implementation & Other Responsibilities
- Support the implementation of the Group consolidation and financial reporting system, including data migration, system testing, reconciliations, issue resolution and coordination with relevant stakeholders.
- Assist in developing and documenting reporting procedures and internal controls to support system implementation and ongoing operations.
- Undertake other finance-related assignments and ad-hoc projects as required.
Requirements:
- Degree in Accountancy, Finance, or equivalent professional qualification (e.g. ACCA, CA or CPA).
- Minimum 7 years of relevant working experience, with at least 3 years' hands-on experience in group consolidation and financial reporting. Prior exposure to a listed company environment is preferred
- Strong technical knowledge of SFRS(I) and hands-on experience in Group consolidation, including intercompany eliminations, foreign currency translation, and consolidation adjustments.
- Proficient in Microsoft Excel and PowerPoint.
- Experience in consolidation system implementation or finance transformation projects would be advantageous
The Supreme HR Advisory Pte. Ltd | 14C7279
Gan Kai Le | R23112683