Accountant

Singapore Gold Mantis International Development Pte Ltd; Singapore; On-site; SGD 50,000 - 75,000; Full time

Job summary

A leading construction and interior design firm in Singapore is seeking a detail-oriented Accountant to oversee financial operations, manage project costs, and ensure compliance with statutory requirements. The ideal candidate will have expertise in project financial management and familiarity with the construction industry. The role involves effective cross-departmental collaboration and optimizing financial processes for overseas projects.

Qualifications

• Familiarity with the characteristics of the construction industry.
• Understanding of labor, foreign exchange controls, and relevant policies.
• Preferred expertise in project financial management and compliance.

Responsibilities

• Manage financial planning, annual budget preparation, and cash flow forecasting.
• Prepare financial statements and ensure compliance with industry regulations.
• Monitor project costs and develop cost optimization recommendations.
• Coordinate with different departments for financial efficiency.

Skills

Detail-oriented

Proactive

Financial management

Cost control

Job description

Overview

We are seeking a detail-oriented and proactive Accountant to manage the financial operations of our construction and interior design projects. The role involves handling day-to-day accounting functions, project cost control, and ensuring compliance with statutory requirements.

Responsibilities

• Financial Planning and Budget Management: Responsible for comprehensive financial planning, including annual budget preparation, cash flow forecasting, and cost control. Monitor project costs and expenses to ensure adherence to budget, analyze variances, and propose corrective measures. Participate in financial evaluations during the bidding phase, providing project feasibility analysis and risk assessments.
• Financial Reporting and Compliance: Prepare financial statements ensuring timeliness and accuracy. Coordinate local audits, tax filings, and compliance work, and gain familiarity with tax policies. Ensure compliance with relevant construction industry regulations.
• Funding and Risk Management: Manage funding allocations for overseas projects, optimize exchange rate risk, and develop hedging strategies. Monitor accounts receivable to mitigate bad debt risk. Assess political, economic, and legal risks, and provide financial support for overseas business decisions.
• Cost Control and Project Finance: Review project costs and implement a dynamic cost monitoring system. Collaborate with project managers to analyze project profitability and provide cost optimization recommendations. Manage financial instruments such as letters of guarantee and letters of credit to ensure the security of project funding chains.
• Team and Cross-Departmental Collaboration: Coordinate reporting lines with headquarters' finance department. Support the Legal and Project Departments in handling contract financial terms. Maintain good relationships with local banks, tax authorities, and government departments.
• System and Process Optimization: Promote financial digitization to improve overseas financial efficiency. Develop standardized financial processes to ensure consistency between headquarters' systems.
• Other Responsibilities: Participate in financial due diligence for the establishment, acquisition, or divestment of overseas branches. Follow up on project receivables and promptly and efficiently complete all arrangements with line leaders, division project leaders, and corporate-level leaders. Handle emergencies (such as financial disputes and claims caused by project delays).

Key Requirements and Additional Requirements

• Familiarity with the characteristics of the construction industry (such as long project cycles, installment payments, retention fees, etc.).
• Understanding of labor, foreign exchange controls, and construction industry policies.
• Preferred expertise in project financial management, labor compliance, tax compliance, accounts receivable, project cost control, and internal control procedures.