Accounts Executive (6 months contract)

DFI Retail Group; Singapore; On-site; SGD 45,000 - 65,000; Full time

Job summary

A leading Asian retailer based in Singapore is seeking a finance professional to manage bank reconciliations and support audit processes. The ideal candidate will have a degree in Finance or Business, experience with ERP systems, and the ability to work collaboratively across various teams. A background in retail or FMCG is preferred but not mandatory. This role offers a chance to improve financial processes within a dynamic environment.

Qualifications

• 1 to 4 years of relevant experience or equivalent role.
• Previous experience in a General Ledger team is beneficial.
• Ability to work with different stakeholders.

Responsibilities

• Perform bank reconciliations as per internal control procedures.
• Monitor discrepancies and resolve issues with payments.
• Support Corporate Finance Team during statutory audits.

Skills

Financial analysis

Stakeholder management

Detail-oriented

Business process improvement

Education

Degree in Finance or Business

Tools

ERP systems (Oracle, SAP FICO)

Job description

About DFI Retail Group

DFI Retail Group (the ‘Group’) is a leading Asian retailer. As at 30 Jun 2024, the Group, its associates and joint ventures operated some 11,000 outlets and employed over 200,000 people. The Group had total annual revenue in 2023 exceeding US$26 billion.

The Group is dedicated to delivering quality, value and exceptional service to Asian consumers through a compelling retail experience, supported by an extensive store network and highly efficient supply chains.

The Group (including associates and joint ventures) operates a portfolio of well-known brands across six key divisions: food, convenience, health and beauty, home furnishings, restaurants and other retailing.

At the heart of its business, DFI Retail Group is driven by its purpose to "Sustainably Serve Asia for Generations with Everyday Moments.

The Group’s parent company, DFI Retail Group Holdings Limited, is incorporated in Bermuda and has a primary listing in the equity shares (transition) category of the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Group’s businesses are managed from Hong Kong. DFI Retail Group is a member of theJardine Matheson Group.

The Role

• Perform the reconciliation for banks and related account in accordance to internal control procedure and requirement, including the compliance to Dairy Farm Accounting Policy

• Monitor the discrepancies of payment/ cash received from multiple channels & liaise with relevant timely for timely resolution

• Manage GIRO Instructions, Bank Guarantee Applications, and Rental related payment instructions

• Liaise with and support off-shore business partner to resolve transaction issues

• Provide support for Corporate Finance Team in the statutory audit and filing, including data extraction and draft schedules preparation

• Support the Operation Finance team in monthly variance analysis

• Provide support to country/regional/group level strategic initiatives as directed by Group

• Participate in projects and initiatives drive by business to support operation process in order to cash

• Participate in projects and initiatives to continuously evaluate and implement improvement of the business process to increase productivity and efficiency

• Ensure the processes are complying to established policy; update the policy and Standard Operating Procedures as required

About You

• 1 to 4 years relevant experience (in absence of formal finance qualifications) or equivalent role

• Degree holder in Finance or Business discipline is preferred

• Previous retail in FMCG experience preferred but not a must

• Has work experience in a MNC or audit experience

• Previous working experience in General Ledger team

• Business Process Improvement experience preferred but not a must

• Able to work with different stakeholders

• Be innovative and detail oriented

• Exposure to ERP system such as Oracle and SAP FICO