Assistant Finance Manager

ABEAM ANALYTICS PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A finance services company in Singapore is seeking an experienced Assistant Finance Manager to support financial activities and reporting. You will ensure compliance with accounting regulations, assist in audits, and prepare timely financial reports. The ideal candidate should have strong knowledge of Singapore FRS and at least 3 years of relevant experience in finance. This role offers an opportunity to work closely with various teams to manage financial activities effectively.

Qualifications

• Minimum 3 years of experience in finance, accounting or related field.
• Strong knowledge of Singapore FRS and tax regulations.
• Proficient in preparing financial reports and audits.

Responsibilities

• Assist Finance Manager in managing finance activities.
• Prepare financial and management reports.
• Ensure compliance with accounting regulations.
• Liaise with auditors for year-end audits.
• Oversee day-to-day operations in Finance Department.

Skills

Financial accounting

Tax compliance

Audit liaison

Management reporting

Revenue recognition

Job description

Position

Assistant Finance Manager

Overview

The Role: Reporting to the Managing Director, you will be assisting the Finance Manager in managing a spectrum of finance-related activities that include financial accounting and reporting, revenue recognition, accounts receivable, accounts payable, asset management, audit and tax matters.

Responsibilities

• Accounting
  • Responsible for timely and accurate month-end, quarter-end and year-end closing, ensure full compliance with Singapore FRS and Group policy.
  • Perform operational accounting duties such as prepare month-end journals, review and approve entries/journals prepared by Accountant and Accounts Executives.
  • Ensure general ledgers are reconciled, maintained and cleared. Balance sheet items are reconciled.
  • Oversee intercompany transactions and ensure reconciled.
  • Review deliverables of the AP & AR functions and ensure internal controls.
  • Provide guidance to junior members.
  • Manage the revenue recognition and internal Project Management System:
  • Manage the entire project life-cycle in accordance with FRS and Group Policy - open project codes, monthly project monitoring and close project codes.
  • Work closely with project teams to input and validate data entered into the internal Project Management system.
  • Support project teams in the queries and issues from accounting perspective.
  • Review monthly project percentage of completion and work-in-progress and prepare the revenue adjustments in accordance with FRS and Group Policy.
  • Maintain and track proper revenue related documents such as contracts.

Financial and Management Reporting

• Prepare timely and accurate monthly financial and management reports, analysis and commentary on major variances.

Audit and Tax

• Liaise with auditors for year-end audits and prepare the statutory accounts and schedules.
• Liaise with tax agent on corporate income tax and prepare the tax schedules.
• Provide support in managing tax regulatory filing requirements – review GST return, monitor withholding tax deductions for overseas vendors and prepare the associated withholding tax filings.

Compliance and Controls

• Ensure compliance with accounting regulations, internal policies and procedures and external requirements.
• Ensure compliance for internal audits in the internal controls and processes of the Finance function.

Others

• Day-to-day operations in the Finance Department.
• Prepare and submit government statistical surveys / reports.
• Other ad-hoc duties as and when assigned.
• Ensure the accurate and timely preparation and processing of employee payroll.