Assistant Manager (Hedge Accounting, FX) @ Kallang Sector / Up $6000

PERSOL; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

An international staffing firm is hiring for a role responsible for middle and back-office functions in a Treasury Centre. The successful candidate will manage operations of financial products and perform hedge accounting, with responsibilities including daily settlements, month-end activities, and compliance with accounting standards. Applicants should have 3-4 years of experience, a degree in accountancy or equivalent, and strong analytical skills. Familiarity with SAP and Treasury Management Systems is advantageous.

Qualifications

• 3 - 4 years of relevant experience in financial operations.
• Strong understanding of hedge accounting and financial product transactions.
• Proven ability to manage month-end activities and reconciliations.

Responsibilities

• Ensure smooth settlement of daily operations for financial products.
• Manage and monitor inter-company loans and compute interests.
• Perform closing for Treasury Centre with management reports and corporate filings.
• Provide hedge accounting advice to support stakeholders.

Skills

Strong analytical skills

Meticulous attention to detail

Ability to multi-task

Good working knowledge of financial products

Education

Degree in accountancy or ACCA/CPA equivalent

Tools

SAP

Treasury Management Systems

Job description

Duration: 15 months extendable/convertible

Working Location: Kallang Sector

Working hours: 08.30am – 6.00pm (Monday to Friday)

Job Summary

This role is responsible for the overall middle and back-office functions in a Treasury Centre within the company. Specifically, the person manages the operations of financial products and performs hedge accounting for the Group and closing for the Treasury Centre.

Job Responsibilities

• Ensure smooth settlement of daily operations for financial products such as FX, borrowings & adherence of counterparty limits
• Manage and monitor inter-company loans for computation of interests and loan settlement
• Responsible for the Group’s month end activities and reconciliations for financial products such as valuations, hedge accounting for FX & borrowings, etc
• Perform closing for Treasury Centre which includes management reports for monitoring and analysis, corporate tax and GST filings
• Provide hedge accounting advice and queries to support stakeholders
• Ensure the accounting for financial products are in compliance with the relevant accounting standards
• Assist with administration for banking operations (account opening, authorised signatories update) and system controls for Treasury Management System
• Participate and support in the Group’s initiatives and ad hoc projects

Job Requirements

• 3 - 4 years of relevant experience with a degree in accountancy or ACCA / CPA equivalent
• Good working and accounting knowledge of financial products
• Strong analytical skills, meticulous and able to multi-task
• Knowledge with SAP & Treasury Management Systems will be an advantage

We regret to inform that only shortlisted candidates will be notified.