Accountant

LOTTE Travel Retail Singapore Pte. Ltd.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in travel retail seeks an experienced financial executive to oversee financial reporting, tax compliance, and audits. The ideal candidate will have a Bachelor's degree in Accountancy, at least five years' experience, and proficiency in MS Excel. This role is crucial for maintaining financial integrity and efficiency within the organization.

Qualifications

• Minimum 5 years of experience in accounting, preferably in retail.
• Strong skills in financial reporting and compliance.
• Proficiency in MS Office applications.

Responsibilities

• Ensure accurate month-end financial closing and reporting.
• Manage financial reports, including profit and loss and balance sheets.
• Support audits and liaise with external parties for compliance.

Skills

MS Excel

Financial Reporting

Cash Flow Management

Statutory Reporting

Tax Compliance

Education

Bachelor's degree in Accountancy

Professional Accountancy Qualification

Job description

Job Description

1) Financial Reporting

• Ensure timely, accurate month-end closing and financial reporting to Management

• Responsible for preparation and closing of monthly, quarterly and annual financial statements

2) Month-End and Year-End Closing

• Manage the financial reporting including the preparation of financial reports, such as profit and loss account, balance sheet, management financial report, and regulatory reports and filings

3) Financial Management Operations

• Monitor cash flows and plan to optimize asset flow efficiency

• Responsible for accounting processes and tasks (ie. AP & AR process, GL, Account Reconciliation, etc.)

• Coordinate and liaise with internal parties

• Support forecasting and budgeting exercise

• Coordinate and liaise with external parties like auditors, tax agents, corporate secretarial agents, local tax and government authorities

• Support and ensure compliance with all finance filing requirements, tax filing requirement (GST, WHT, CIT), audits, procedures

• Assist in new processes and system implementation when required

4) Reconciliation & Audit Schedules

• Validate all collections reconciliation

• Validate Bank Reconciliation

• Prepare Audit Schedules & Reconciliation

5) Statutory Reporting & Tax Compliance

• Financial Year-End Audit preparation

• Corporate Income Tax preparation

• Statistic report preparation

• Sales Audit preparation

• Sales Declaration statement

• GST Filing preparation

• WH Tax preparation

Job Requirements

• Professional Accountancy Qualification, Bachelor’s degree in Accountancy

• At least 5 years of working experience, preferably Senior Executive specializing in Accounting from Retail Industry

• Well-versed in MS Office, especially MS Excel, PowerPoint and Word

• A self-starter who is able to plan, well organize and take initiative to meet job objectives and deadlines independently

• Can-do attitude, driven and passionate about work