Senior Accountant

Hmh Drilling Asia Pte. Ltd.; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player in the drilling sector is seeking a seasoned finance professional to oversee financial reporting and month-end closing activities. This role involves managing full sets of accounts, ensuring compliance with statutory audits, and implementing internal controls. The ideal candidate will have extensive experience in accounting, particularly in SAP, and possess strong analytical skills to detect irregularities. Join a dynamic team where your expertise will contribute significantly to the financial health of ongoing projects and strategic initiatives.

Qualifications

• Minimum 10 years of relevant experience in accounting or finance.
• Strong knowledge of audit processes and accounting standards.

Responsibilities

• Responsible for month-end closing and financial reporting.
• Monitor and control costs and financial progress for projects.

Skills

Financial Reporting

Cost Control

SAP

Audit and Accounting

Microsoft Office

Interpersonal Skills

Communication Skills

English Proficiency

Education

Degree in Accountancy

ACCA or CA Singapore

Tools

SAP

Microsoft Excel

Job description

Accountabilities

• Responsible for month end closing and support in financial reporting & result management.
• Prepare weekly report on billed revenue vs month forecast and follow up on variance.
• Monitor and control cost, financial progress and forecast for all projects.
• Review and monitor service orders and WIP to SAP. Analyze and resolve any financial issues with respective managers.
• Give financial input and attend weekly project review meeting.
• Fully conversant on financial aspect of on-going projects or service contracts and orders.

Deliveries

• Responsible for full sets of accounts, includes AR, AP, GL, bank, and month-end closing activities for one legal entity.
• Involve in month-end closing, accounts, and schedules preparation.
• Analyse Trail Balance data, based on historical data, or / and compare with forecasted number to detect irregularities or errors, highlight to the manager and to propose corrections.
• Prepare monthly bank recon, and balance sheet reconciliation, including clearing of BS accounts on monthly basis.
• Handles month end accruals and prepayment amortisation.
• Check parked and manual invoices and ensure they are valid and authorized before journalised by month end.
• Prepare monthly AP payments listing and work with the shared services to pay according to AP payment schedule. Process staff claims and make payment to staff on weekly basis.
• Handle AP invoice (non-PO) coding.
• Reconcile supplier’s statement to our AP listing and liaise with supplier for any discrepancy.
• Address customers’ queries with regards to our billing and following up on overdue accounts.
• Monitor bank cash balance in each currency, make fund transfer when required.
• Process manual payment in bank and make payment for urgent invoices.
• Prepare and update weekly cashflow forecast in my cash portal and OPM report.
• Create Sales order and issue AR invoice.
• Prepare Form 5 for Quarterly GST submission, monitor and safekeeping the GST documents, liaise with tax auditor and support for GST audit during renewal process of Major Exporter Scheme (MES).
• Calculate income tax on quarterly basis and make accruals.
• Responsible for monthly FCCS actuals and forecasting loading, and quarterly tax pack, note pack submission and fluctuation analysis.
• In charge of statutory, ISA, PCAOB audit process, address questions with internal and external auditors, monitor auditor schedules closely and adhere to the deadlines.
• Involved in various projects which will be initiated by the headquarters for IPO preparation and readiness.
• Involved in implementation of internal controls and emphasize on SOX compliance.
• Other ad-hoc tasks if assigned.

Requirements:

• Degree in Accountancy with minimum 10 years of relevant experience or equivalence.
• Preferably ACCA, CA Singapore with SAP knowledge.
• Strong knowledge and experience with audit and accounting.
• Proficient in Microsoft Office, especially for outlook and excel
• Excellent interpersonal and communication skills.
• Proficiency in written and verbal English.