Accountant - Group Consolidation

Paradise Group Holdings Pte Ltd; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading company in Singapore seeks a Financial Analyst to manage financial reporting, budgeting, and cash flow management. The ideal candidate will have a Bachelor's degree in Accounting and 1-3 years of experience in consolidation. Responsibilities include preparing financial reports, analyzing trends, and ensuring compliance with regulations. Strong analytical skills and effective communication are essential for this role.

Qualifications

• 1-3 years of working experience in Consolidation.
• Familiar with general accounting principles and IFRS.

Responsibilities

• Prepare financial reports and manage monthly management reporting.
• Assist in preparing annual budget and cash flow forecasts.
• Ensure compliance with statutory requirements and accounting policies.

Skills

Communication

Analytical

Project Management

Education

Bachelor's Degree in Accounting

Tools

Enterprise Resource Planning software

Job description

Objective:

· Prepare financial reports by Brands and ensuring various financial reports is prepared accurately and timely.

· Apply principles of accounting to analyse financial information.

Liaise with Auditor at Group and/or Subsidiary level and Tax Agents and ensure compliance of statutory requirement timely.

Job Description:

1. Monthly Management Reporting

· Responsible for full spectrum of management accounting and reporting, including details review, coordinate financial accounting and reporting for Companies on actual performance versus budget versus last year performance.

· Prepare budget and projection including preparing regular variance analysis relating to actual versus forecast results for management tracking and decision on business performance.

· Consolidate Brand’s financial results and integrate into reports by respective Brand.

· Prepare commentary and explanation on monthly business performance by brands, by outlets and by region.

· Prepare board meeting materials

· Take note of board meeting minutes and circulate for approval

2. Budgeting & Operational

· Assist in preparing annual budget, quarterly reforecast.

· Analyse revenue and expenditure trends and recommend appropriate budget levels and ensure expenditure control.

· Monitor monthly actual performance against budget.

3. Cash Flow Management and Forecast

· Prepare monthly cash flow forecast to ensure availability of funds as needed.

4. Accounting Administration and System Administration

· Work with operating team on the collation and compilation of financial data and information

· Manage the workflow of the accounting process to ensure proper maintenance of all accounting systems and entries.

· Monitor and review accounting and related system reports for accuracy and completeness.

· Explain accounting policies and ensure consistency within group policy

· Explain Tax updates and ensure consistency within group policy

· Ensure timeliness and accuracy of financial and management reporting are prepared for various stakeholders.

· Assist in implementation of consolidation accounting software for ease of group consolidation from each region accounting team

· Assist in financial analysis for renewal of existing outlets tenancy and new project or new outlets tenancy on projection and simulation in term of feasibility and viability.

· Perform any other additional responsibilities as assigned by Financial Controller

Requirement:

· Candidate must possess at least a Bachelor's Degree in Accounting and/or Finance, or other relevant professional certification.

· Candidate should have at least 1-3 years of working experiences in Consolidation

· Audit experience is an added advantage.

· Familiar with general accounting principles, regulations, compliance requirement, and

· International Financial Reporting Standards (IFRS).

· Familiar with Enterprise Resource Planning software and other accounting related software.

· Recognize and be responsive to the needs of all internal customers of the organization.

· Able to manage projects and small team and track progress for improvement.

· Able to communicate effectively in both written and verbal forms.

· Able to analyse and present data in an impactful & convincing manner.