Assistant Manager/ Manager, Finance

SATS Ltd.; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

SATS Ltd. is seeking an experienced Assistant Manager/Manager to join the Group and Statutory Reporting team in Singapore.

You will act as the technical accounting advisor, drive consistency in financial reporting, and support group consolidation for subsidiaries and joint ventures. You will also lead the rollout of updated accounting standards, review monthly submissions, and assist with SGX announcements and Temasek reporting.

Qualifications

• Minimum 5–9 years in financial reporting, group consolidation, or technical accounting.
• Big 4 or mid-tier audit background advantageous.
• Strong knowledge of SFRS(I)/IFRS.
• Experience with OneStream or similar EPM systems is a plus.
• Excellent analytical and stakeholder management skills.

Responsibilities

• Act as the primary technical accounting subject matter expert, providing guidance to business units and subsidiary finance teams on complex or non-routine transactions.
• Partner with external advisors to perform Purchase Price Allocation assessments for newly acquired subsidiaries.
• Revamp and enhance the Group Accounting Policy manual and ensure alignment with updated standards.
• Lead rollout and implementation of new accounting standards across all group entities.
• Review monthly financial submissions and reporting packages from subsidiaries, associates, and joint ventures for group consolidation.
• Prepare or review group-level consolidation journal entries on a rotational basis.
• Support the preparation of group consolidated financial statements, SGX announcements, Temasek reporting and other ad hoc reporting.
• Support OneStream Centre of Excellence, including reviewing user access rights and coordinating with consultants on system enhancements.
• Review statutory financial statements prepared by GL team for Singapore-incorporated entities to ensure compliance.

Skills

Technical accounting

Financial reporting

Group consolidation

IFRS / SFRS(I) knowledge

Stakeholder management

Education

Bachelor's Degree in Accountancy/Finance

CA/CPA/ACCA qualification

Tools

OneStream

Job description

Company description:

Headquartered in Singapore, SATS Ltd. (SGX stock code: S58) is one of the world's largest providers of air cargo handling services and Asia's leading airline caterer. SATS Gateway Services provides airfreight and ground handling services including passenger services, ramp and baggage handling, aviation security services, aircraft cleaning and aviation laundry. SATS Food Solutions serves airlines and institutions, and operates central kitchens with large-scale food production and distribution capabilities for a wide range of cuisines.

SATS is present in the Asia-Pacific, the Americas, Europe, the Middle East and Africa, powering an interconnected world of trade, travel and taste. Following the acquisition of Worldwide Flight Services (WFS) in 2023, the combined SATS and WFS network operates over 225 stations in 27 countries. These cover trade routes responsible for more than 50% of global air cargo volume. SATS has been listed on the Singapore Exchange since May 2000. For more information, please visit www.sats.com.sg

Why Join Us

At SATS, people are our greatest asset and we build our success on the knowledge, expertise and performance of every contributor, by embracing diversity and uniqueness. As part of our holistic approach and commitment to embracing FAM (Fulfilling, Appreciated, Meaningful) in the workplace, we offer the runway to develop Fulfilling careers that foster your career growth, recognising and Appreciating the strength of talent and capabilities that we continue to build internally; and inspiring and encouraging each other to make Meaningful contributions in the work we do at SATS.

Job description

Key Responsibilities

We are seeking a detail-oriented and proactive Assistant Manager / Manager to join the Group and Statutory Reporting team. In this newly created role, you will serve as a key technical accounting advisor, drive financial reporting consistency across the organization, review of financial reporting submission from the subsidiaries, associates and joint ventures, and support the group consolidation, reporting process and consolidation systems.

• Technical Accounting Advisory:
  • Act as the primary technical accounting subject matter expert, providing guidance and advice to business units and subsidiary finance teams on complex or non-routine transactions.
  • Partnering with external advisors to perform Purchase Price Allocation assessments for newly acquired subsidiaries.
• Group Accounting Policy and Accounting Standards:
  • Revamp and enhance the current Group Accounting Policy manual to ensure it is fully comprehensive and aligned with updated accounting standards.
  • Lead the rollout and implementation of new accounting standards across all group entities.
  • Conduct in-depth reviews and analysis of selected subsidiaries' financials on rotational basis, ensuring compliance with Group Accounting Policy
• Group Consolidation & Reporting:
  • Review monthly financial submissions and reporting packages from subsidiaries, associates, and joint ventures as part of the group consolidation process.
  • Preparation or review of the group-level consolidation journal entries on a rotational basis to ensure end-to-end familiarity with group reporting matters.
  • Support the preparation of group consolidated financial statements, SGX announcement, Temasek reporting and other ad hoc reporting.
• Financial Systems (OneStream CoE):
  • Support the team lead of OneStream Centre of Excellence, including reviewing and approving user access rights, managing the request from inhouse users and work with consultants on system enhancements.
• Review of Financial Statements:
  • Review the statutory financial statements prepared by GL team for Singapore-incorporated entities to ensure timely completion, accuracy and compliance with statutory and regulatory requirements.

Key Requirements

• Bachelor's Degree in Accountancy, Finance, or equivalent professional qualification (e.g., CA, CPA, ACCA).
• Minimum of 5 - 9 years of relevant experience in financial reporting, group consolidation, or technical accounting. Audit background from Big 4 or mid-tier firm is highly advantageous.
• Strong working knowledge of Singapore Financial Reporting Standards (SFRS(I) / IFRS).
• Experience with enterprise performance management systems, with hands-on experience with OneStream is a strong plus.
• Excellent analytical, communication, and stakeholder management skills to partner effectively across business units, external auditors, and advisors.