Accountant

GUANSHENG INVEST (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

GUANSHENG INVEST (SINGAPORE) PTE. LTD. is seeking a capable Accountant to manage the full set of accounts, ensure accurate financial reporting, and support month-end close.

The role covers multi-currency accounting, FX, and cross-border trade finance, with exposure to SFRS/IFRS, Singapore tax, and coordination with our China headquarters.

Qualifications

• Minimum 3 years of accounting and finance experience, preferably in Singapore.
• Experience in international trading or multinational companies is preferred.
• Strong knowledge of SFRS and IFRS.
• Able to independently manage a full set of accounts and prepare financial statements.
• Good knowledge of Singapore tax regulations and filing procedures.
• Fluent in English and Chinese with strong communication skills.

Responsibilities

• Manage the full set of accounts, including AP, AR, GL, reconciliations, and month-end/year-end closing.
• Prepare monthly management accounts and financial statements per SFRS/IFRS.
• Handle multi-currency accounting and FX accounting (USD, RMB, SGD).
• Oversee international trading and cross-border transactions, including trade finance terms.
• Coordinate Singapore tax compliance and liaise with IRAS, auditors, and tax agents.
• Collaborate with China headquarters on financial reporting and intercompany transactions.

Skills

Data analysis

Financial reporting

Excel

Communication

English and Chinese

Education

Accounting/Finance degree

ACCA/CA/CPA qualification

Tools

Microsoft Excel

Accounting software

Job description

Key Responsibilities

1. 1. Full Set of Accounting
   • - Manage the full set of accounts, including Accounts Payable (AP), Accounts Receivable (AR), general ledger, bank reconciliation, month-end closing, and year-end closing.
   • - Prepare monthly management accounts, financial statements, and financial reports in accordance with Singapore Financial Reporting Standards (SFRS) and, where applicable, International Financial Reporting Standards (IFRS).
   • - Ensure the accuracy, completeness, and timeliness of accounting records and financial reporting.
2. 2. Multi-Currency Accounting & Foreign Exchange
   • - Handle accounting transactions involving multiple currencies, including USD, RMB, SGD, and other foreign currencies.
   • - Maintain accurate foreign currency accounting records and perform foreign currency revaluation at month-end and year-end.
   • - Calculate and account for realised and unrealised foreign exchange gains and losses (FX gains/losses).
   • - Understand the impact of exchange rate fluctuations on accounts receivable, accounts payable, cash balances, intercompany transactions, and overall profitability.
3. 3. International Trade & Commercial Finance
   • - Handle accounting and financial matters relating to international trading and cross-border transactions, including purchases, sales, imports, exports, shipping, customs-related costs, and trade-related expenses.
   • - Experience in an international trading, commodity trading, or import/export company will be highly preferred.
   • - Familiarity with common international trade terms and payment methods, including L/C, T/T, D/P, D/A, and other trade finance instruments, will be an advantage.
   • - Understand the accounting treatment of transactions involving overseas suppliers, customers, distributors, and related parties.
4. 4. Singapore Taxation
   • - Handle Singapore tax compliance matters and assist with corporate tax and tax-related reporting.
   • - Maintain proper supporting documentation for tax reporting and ensure compliance with IRAS requirements.
   • - Liaise with IRAS, tax agents, auditors, and other external professional advisers when required.
5. 5. Statutory Compliance
   • - Assist with annual statutory reporting and compliance requirements with ACRA and IRAS.
   • - Coordinate with external auditors and prepare supporting schedules and documentation for annual audits.
6. 6. Headquarters & Cross-Border Coordination
   • - Work closely with the China headquarters on financial reporting, cash flow management, intercompany transactions, and other finance-related matters.
   • - Ensure proper reconciliation and accounting treatment for intercompany balances and cross-border transactions.

Qualifications & Requirements

1. 1. Open to Singapore Citizens and Singapore Permanent Residents only
2. 2. Educational Background
   • - Diploma or Bachelor's degree or above in Accounting, Finance, Economics, or a related discipline.
   • - Candidates with a Diploma and substantial relevant working experience will also be considered.
   • - ACCA, CA Singapore, CPA, or equivalent professional qualifications will be highly advantageous.
3. 3. Professional Experience
   • - Minimum 3 years of relevant accounting and finance experience, preferably in Singapore.
   • - Candidates with experience in international trading, commodity trading, import/export, or multinational companies are strongly preferred.
   • - Experience handling cross-border transactions and working with overseas suppliers and customers will be an advantage.
4. 4. Accounting & Reporting Standards
   • - Strong knowledge of Singapore Financial Reporting Standards (SFRS) and International Financial Reporting Standards (IFRS).
   • - Able to independently manage a full set of accounts and prepare financial statements.
   • - Strong understanding of month-end and year-end closing procedures.
5. 5. Multi-Currency & Foreign Exchange Accounting
   • - Strong knowledge of multi-currency accounting and foreign exchange accounting.
   • - Able to accurately account for transactions denominated in USD, RMB, SGD, EUR, and other foreign currencies.
   • - Must understand the difference between realised and unrealised foreign exchange gains and losses and their impact on the income statement, balance sheet, and management reporting.
   • - Experience in managing foreign exchange exposure in an international trading environment will be a strong advantage.
6. 6. Singapore Tax
   • - Good knowledge of Singapore tax regulations and filing procedures.
   • - Familiarity with IRAS, corporate income tax, ECI, and other relevant Singapore tax compliance matters.
   • - Experience liaising with auditors and tax agents is preferred.
7. 7. Accounting & Office Software
   • - Proficient in accounting software and Microsoft Office, particularly Microsoft Excel.
   • - Strong data analysis and financial reporting skills.
8. 8. Language & Communication
   • - Excellent written and verbal communication skills in both English and Chinese.
   • - Able to communicate effectively with the China headquarters and coordinate with Singapore-based auditors, bank