Accounts Manager

GUILFORD INTERNATIONAL PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A financial services company in Singapore is seeking a seasoned professional to lead financial reporting and management. The role includes overseeing month-end closures, preparing consolidated financial statements, and ensuring compliance with regulatory requirements. The ideal candidate will manage the accounting department, develop policies in line with GAAP or IFRS, and provide strategic insights to the executive team. This position is critical for optimizing financial performance and risk management.

Responsibilities

• Oversee month-end and year-end closing processes for accurate financial reporting.
• Prepare and review consolidated financial statements, including Balance Sheets and Income Statements.
• Lead preparation of annual budgets and analyze variances.
• Monitor key performance indicators for business performance insights.
• Design and maintain internal financial controls to prevent fraud.
• Ensure compliance with reporting requirements and tax filings.
• Coordinate audit schedules and documentation with external auditors.
• Establish accounting policies and procedures in line with GAAP or IFRS.
• Monitor cash balances and optimize working capital.
• Manage corporate debt and banking relationships.
• Provide supervision over Accounts Payable and Accounts Receivable.
• Lead and mentor the accounting department staff.
• Provide data-driven recommendations to the CFO and executive team.
• Identify financial risks and implement mitigation strategies.

Job description

Core Responsibilities

Financial Reporting & Management

• Monthly Closures: Oversee the month-end and year-end closing processes to ensure timely and accurate financial reporting.

• Financial Statements: Prepare and review consolidated financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements.

• Budgeting & Forecasting: Lead the preparation of annual budgets and periodic financial forecasts, analyzing variances between actuals and projections.

• KPI Tracking: Develop and monitor key performance indicators (KPIs) to provide management with actionable insights into business performance.

Internal Controls & Compliance

• Process Improvement: Design, implement, and maintain rigorous internal financial controls to safeguard company assets and prevent fraud.

• Regulatory Compliance: Ensure compliance with local, state, and federal reporting requirements and tax filings.

• Audit Management: Act as the primary point of contact for external auditors, coordinating the preparation of audit schedules and documentation.

• Policy Development: Establish and document accounting policies and procedures in line with GAAP (Generally Accepted Accounting Principles) or IFRS.

Treasury & Cash Management

• Cash Flow Oversight: Monitor daily cash balances and optimize working capital to ensure the company meets its financial obligations.

• Debt Management: Manage corporate debt, credit facilities, and banking relationships.

• Accounts Oversight: Provide high-level supervision over Accounts Payable (AP) and Accounts Receivable (AR) functions.

Strategic Leadership

• Team Management: Lead, mentor, and develop the accounting department staff, fostering a culture of professional growth and accuracy.

• Decision Support: Provide the CFO and executive team with data-driven recommendations regarding cost-saving initiatives and investment opportunities.

• Risk Management: Identify financial risks and implement strategies to mitigate potential losses.