Accountant - Finance & Compliance

Borr Drilling; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A reputable MAS-licensed fund management firm is seeking an insightful Accountant for Finance & Compliance. The role entails managing financial operations while ensuring compliance with regulatory standards. Candidates should have relevant experience focusing on the fund management industry and possess strong analytical and communication skills.

Benefits

Competitive remuneration package

Opportunities for professional development

Collaborative work environment

Qualifications

• 3-5 years of relevant experience in finance and/or compliance.
• In-depth knowledge of MAS regulatory frameworks.
• Solid foundation in accounting principles and financial reporting.

Responsibilities

• Manage comprehensive accounting functions including reconciliations.
• Assist in budgeting, forecasting, and financial reporting.
• Ensure tax compliance and liaise with auditors.

Skills

Analytical skills

Attention to detail

Problem-solving

Communication skills

Interpersonal skills

Education

Bachelor's degree in Accountancy, Finance, or Business

Tools

Accounting software (Xero, SAP, QuickBooks)

Microsoft Excel

Job description

We are looking for a diligent and insightful Accountant, Finance & Compliance, to join our dedicated team. This pivotal role combines hands-on execution of financial operations with the critical responsibility of ensuring robust regulatory compliance. The successful candidate will not only manage day-to-day tasks but also serve as a key resource, providing astute financial and compliance guidance to support the firm's strategic objectives and operational integrity.

Key Responsibilities:

Financial Operations & Management:

• Comprehensive Accounting: Manage the full spectrum of accounting functions, including general ledger, accounts payable/receivable, bank reconciliations, and intercompany transactions.
• Financial Reporting & Analysis: Prepare, review, and present accurate monthly, quarterly, and annual financial statements, management accounts, and performance reports.
• Budgeting & Forecasting Support: Assist in the development of annual budgets and financial forecasts, monitoring variances and providing insightful analysis.
• Cash Flow & Treasury: Oversee daily cash management activities, including monitoring liquidity, managing bank relationships, and optimizing working capital.
• Tax Compliance: Ensure timely and accurate preparation and submission of all corporate tax filings (e.g., GST, corporate income tax) in compliance with Singapore tax laws.
• Audit Coordination: Act as a primary liaison for external auditors, facilitating the annual audit process by providing necessary documentation and addressing queries.
• Process Enhancement: Continuously identify opportunities to streamline financial processes, enhance internal controls, and implement best practices for efficiency and accuracy.

Regulatory Compliance & Advisory:

• Regulatory Intelligence: Proactively monitor the evolving regulatory landscape, including new MAS notices, guidelines, and industry developments pertinent to LFMCs (e.g., SFA, FAA, AML/CFT, Technology Risk, Business Conduct).
• Policy & Framework Implementation: Support the design, implementation, and ongoing review of internal compliance policies, procedures, and frameworks to ensure alignment with MAS requirements.
• Compliance Monitoring & Testing: Conduct regular compliance reviews, identify potential gaps or breaches, and recommend corrective actions.
• MAS Reporting: Prepare and ensure timely and accurate submission of all required regulatory reports and filings to MAS (e.g., financial returns, capital adequacy, annual declarations).
• AML/CFT Oversight: Execute and enhance the firm's Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) program, including client onboarding due diligence, ongoing monitoring, and suspicious transaction reporting.
• Advisory & Guidance: Provide clear, pragmatic, and timely compliance advice to senior management and business units on regulatory implications of new products, services, or operational changes.
• Training & Awareness: Contribute to the development and delivery of internal compliance training sessions to foster a strong compliance culture.
• Record Management: Ensure meticulous maintenance of all regulatory and financial records in accordance with statutory and internal requirements.
  

Qualifications:

• Bachelor's degree in Accountancy, Finance, Business, or a related discipline.
• A minimum of 3-5 years of relevant experience in finance and/or compliance, with demonstrable exposure to the fund management industry in Singapore.
• In-depth knowledge and practical application of MAS regulatory frameworks, particularly those governing LFMCs (e.g., SFA, FAA, AML/CFT, Technology Risk Management Guidelines).
• Solid foundation in accounting principles (FRS/SFRS) and financial reporting.
• Proven ability to interpret regulatory requirements and translate them into practical internal controls and operational processes.
• Strong analytical capabilities, meticulous attention to detail, and excellent problem-solving skills.
• Exceptional communication (written and verbal) and interpersonal skills, with the ability to articulate complex financial and regulatory matters clearly and concisely.
• Proficiency in accounting software (e.g., Xero, SAP, QuickBooks) and advanced Microsoft Excel skills.
• A proactive, self-driven individual with a strong sense of ownership and the ability to manage multiple priorities in a dynamic environment.

What We Offer:

• A stimulating role at the intersection of finance and compliance within a reputable MAS-licensed fund management firm.
• Opportunities for significant professional development and career progression.
• A collaborative and supportive work environment that values expertise and initiative.
• Competitive remuneration package and comprehensive benefits.