Cost Controller (Manager)

TS GROUP PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in the hospitality sector is seeking a Financial Accountant to manage financial accounting, reporting, and budgeting. The ideal candidate will have strong analytical skills and experience in financial planning and cash flow management. This role involves overseeing accounts, ensuring compliance, and collaborating with internal teams to optimize financial performance.

Qualifications

• Minimum 5 years of relevant experience, preferably in the dormitory or hospitality industry.

Responsibilities

• Manage full set of accounts, including invoicing and accounts receivable.
• Oversee month-end closing processes and ensure accurate financial closing.
• Plan and monitor the company’s cash flow.

Skills

Analytical

Problem Solving

Communication

Attention to Detail

Education

Bachelor degree in Accounting or Finance

Tools

Xero

MS Office

Job description

Key Responsibilities:

1) Financial Accounting & Reporting

• Manage full set of accounts, including invoicing, receipt updates, and accounts receivable
• Manage vendor invoice processing, payment arrangements, and accounts payable
• Manage journal entries, inter-company charges, and general ledger maintenance
• Manage fixed asset register and depreciation tracking
• Manage bank reconciliations and balance sheet schedules
• Oversee month-end closing processes, ensure accurate and timely financial closing and reporting
• Coordinate with internal departments on intercompany transactions and reconciliations
• Prepare monthly financial statements for management reporting
• Review and reconcile all balance sheet accounts and ensure accuracy of supporting schedules
• Handle GST submissions, audit schedules, and ensure tax compliance
• Liaise with internal/external auditors, tax agents, and company secretary to meet statutory and regulatory requirements

2) Cost Control & Budget Monitoring

• Monitor and analyze actual project and operational costs versus budget, highlighting variances and recommending corrective actions
• Work closely with Procurement, Project, and Operations teams to track committed and incurred costs
• Maintain accurate cost allocation and reporting by project, department, or function
• Support the preparation and tracking of project and departmental budgets, forecasts, and funding requirements
• Develop and maintain cost databases, price benchmarks, and reporting templates
• Participate in tender cost analysis and historical cost data reviews to improve project budgeting accuracy

3) Financial Planning & Cash Flow Management

• Plan and monitor the company’s cash flow, ensuring sufficient liquidity for operations and project execution
• Assist in preparing financial forecasts, scenario planning, and annual budgeting exercises
• Track and report actual cash performance against forecast and highlight deviations

Requirements:

• Bachelor degree in Accounting or Finance
• Minimum 5 years of relevant experience, preferably within the dormitory or hospitality industry
• Proficient with MS Office, particularly Excel
• Hands-on experience with Xero accounting software
• Strong expertise in financial reporting, budgeting, forecasting, cost control, and cash flow management
• Excellent analytical and problem-solving abilities
• High attention to detail and accuracy, with the ability to manage complex financial documentation
• Strong interpersonal and stakeholder management skills
• Clear and effective communication across all levels of the organization