Accountant

RED SEA GLOBAL PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading company in financial services located in Singapore is seeking an experienced Accountant. The role involves overseeing financial reporting, ensuring compliance with regulatory standards, and managing intercompany transactions. Candidates should possess at least 5 years of relevant experience, strong knowledge of corporate tax laws, and proficiency in Quickbooks. The position requires a detail-oriented individual capable of handling multiple responsibilities in a fast-paced environment.

Qualifications

• Minimum 5 years' experience in accounting functions and full set of accounts in the commercial sector.
• Good knowledge of Singapore & Malaysian Corporate Tax and Financial Reporting Standards.
• Strong organizational skills and ability to meet tight deadlines.

Responsibilities

• Oversee and prepare financial statements for Singapore and Malaysia.
• Conduct variance analysis against budget and forecasts.
• Ensure compliance with local statutory regulations and tax laws.

Skills

Financial Reporting

Variance Analysis

General Ledger Management

Cashflow Management

Project Costing

Leadership

Tools

Quickbooks

Job description

Job Responsibilities- Accountant

Regional Financial Reporting and Analysis

• Financial Statement Preparation: Overseeing and ensuring the accurate and timely preparation of monthly annual financial statements for Singapore and Malaysia, in compliance with relevant Singapore and Malaysian accounting principles.
• Variance Analysis: Conducting detailed analysis of financial results against budget and forecasts, explaining significant variances.
• General Accounting and Operations Management
• Month-End/Year-End Close: Leading or significantly contributing to the month-end and year-end closing processes for 3 Singapore and 1 Malaysian entities.
• General Ledger (GL) Management: Managing GL activities, including preparing journal entries (e.g payroll, ROU etc), and ensuring the integrity of all financial data.
• Reconciliations: Performing and reviewing balance sheet reconciliations (e.g., bank accounts, intercompany accounts, fixed assets).
• Intercompany Transactions: Managing and reconciling intercompany transactions and balances across different regional subsidiaries.
• Inventory accounting and reconciliation including working with freight forwarder. Some basic knowledge of incoterms and shipping terms.
• Invoicing
• AR Management - ensuring all outstandings are kept current by email / calling customers for payments.
• AP – payment of invoices.
• Cashflow management – monitoring bank balances and working closely with factoring company.
• Project costing and variance reporting.
• Compliance, Tax, and Audit.
• Regulatory Compliance: Ensuring that all financial records and reporting comply with local statutory regulations, tax laws, and industry-specific requirements within the region.
• Internal Controls: Developing, implementing, and monitoring strong internal controls and accounting policies across the region to safeguard assets and ensure financial integrity.
• Audit Coordination: Acting as a key contact and liaison for external and internal auditors for the region, preparing audit schedules, and providing necessary documentation.
• Tax Support: coordinating the timely and accurate submission of tax filings (e.g GST, Corporate Tax, Service Tax).

Requirements

• At least 5 years' experience in handling the above functions and full setof accounts in commercial sector.
• Good knowledge in Singapore & Malaysian Corporate Tax, Financial Reporting Standards, GST, Tax Laws and corporate secretarial matters.
• Hands-on experience in project costing will be an advantage.
• Strong organizational skills, attentive to detail with the ability to meet tight reporting deadlines in a multitasking environment.
• Strong leadership, effective team player, highly motivated and able to work independently.
• Hands-on experience with Quickbooks.
• Open to Singaporeans, PR and Malaysians.