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A leading recruitment firm in Singapore is seeking a Capital Assets candidate to manage fixed asset records and ensure compliance with accounting policies. Responsibilities include maintaining fixed asset registers, preparing account reconciliations, and assisting in monthly financial close processes. The ideal candidate should have experience in asset management and sound knowledge of local statutory requirements. This position is a 6-month contract based in Chai Chee.
Purpose and Objective of Position
The candidate for Capital Assets is responsible to ensure that fixed assets records are complete, consistent with company’ accounting policies and compliant with local statutory depreciation requirements. This position is required to assist in monthly financial close, post journal entries and prepare G/L account reconciliations.
Essential Job Duties and Responsibilities
1. Maintain fixed asset registers which includes capitalization/ disposal/ transfer of assets and execute monthly depreciation reports.
2. Ensure timeliness, accuracy and completeness of month end close, hard close, fast close and year end close.
3. Ensure capital expenditure costs are capitalized and depreciated properly in accordance with company policies and guidelines, as well as applicable local statutory corporate and tax laws.
4. Prepare account reconciliations with completeness and accuracy and follow up on action items.
5. Liaise with internal and external auditors as required.
6. Provide support and respond to queries from Divisions, Corporate & Group Reporting (CGR), Store Finance and Finance Controllers on a timely basis as required.
7. Provide monthly depreciation variance analysis to Store Finance and Finance Controllers as required.
8. Assist depreciation forecasts, budget and strategic plan as required.
10. Review and process capitalisation assets with Vendor Funding
11. Generate periodic reports for Project Managers and Quantity Surveyors
12. Other adhoc projects as assigned
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