Accountant

Gold Mantis (International) Construction Decoration Limited; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading construction firm in Singapore is seeking a detail-oriented Accountant to manage financial operations for various projects. Responsibilities include financial planning, project cost control, compliance, and cross-departmental collaboration. Ideal candidates will have a solid understanding of construction industry dynamics and strong financial management skills.

Qualifications

• Familiarity with construction industry characteristics.
• Understanding of labor and foreign exchange controls.
• Expertise in project financial management and compliance.

Responsibilities

• Manage financial planning and budget for projects.
• Prepare financial statements and ensure compliance.
• Monitor project costs and analyze profitability.
• Support cross-departmental collaboration.
• Promote financial digitization and process optimization.

Skills

Financial planning

Budget management

Cost control

Financial reporting

Risk management

Team collaboration

Job description

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.

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

6. System and Process Optimization

Promote financial digitization to improve overseas financial efficiency. Develop standardized financial processes to ensure consistency between headquarters' systems.

7. 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:
1. Familiarity with the characteristics of the construction industry (such as long project cycles, installment payments, retention fees, etc.).
2. Understanding of labor, foreign exchange controls, and construction industry policies.
3. Preferred expertise in project financial management, labor compliance, tax compliance, accounts receivable, project cost control, and internal control procedures.

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