Finance Executive

Total; Singapore; On-site; SGD 70,000 - 95,000; Full time

Job summary

A global energy company in Singapore seeks a Treasury professional to manage daily payments, oversee accounting processes, and ensure compliance with tax regulations. The ideal candidate will have at least 3 years of experience in financial management, proficient in SAP and other relevant tools. This role offers an opportunity to work within a dynamic team in a key financial position.

Qualifications

• Minimum 3 years of relevant experience in Treasury or Accounting.
• Strong understanding of financial regulations and compliance.
• Experience with reconciliation and accounting software.

Responsibilities

• Prepare daily outgoing payments and ensure timely approvals.
• Daily reconciliation of receipts and payments.
• Monthly and quarterly GST and VAT reconciliation.
• Manage forex hedging requirements and settlements.

Skills

Payments processing

SAP

Forex management

Accounting activities

Tax compliance

Tools

SAP

Medissys

Themis

Job description

CountrySingapore

CitySINGAPORE

Workplace locationSINGAPORE-FRASERS TWR(SGP)

Employer companyTOTALENERGIES MARINE FUELS PTE. LTD.

DomainFinance

Type of contractRegular position

ExperienceMinimum 3 years

HSE

• Report anomalies, near misses, share best practices and provide feedback on HSE findings.

Treasury (Primary role)

• Prepare daily outgoing payments and ensure they are properly approved and paid in a timely manner.
• Daily reconciliation of receipts and payments in SAP, Medissys and Themis.
• Daily forecast of incoming and outgoing flows (to the Group Treasury) for all bank accounts.
• Monitor company’s bank account balances to ensure sufficient funds to meet payment requirements and within approved overdraft limits.
• Manage daily/monthly/quarterly forex hedging requirements and settlements.
• Manage Sales of Receivables process including reporting, refunding and reconciliation.
• Perform derivative reconciliation and reporting.
• Manage the vendor creation/modification/monthly supplier reconciliation process.
• Prepare and submit monthly withholding tax and yearly COR and ensure compliance with local tax requirements.
• Work closely with Group Treasury, affiliates and our bankers for all treasury related matters.
• Support affiliates on daily accounting and treasury activities

Accounting & Reporting

• Handle all daily and monthly accounting activities including fixed asset and IFRS16 lease accounting.
• Process monthly staff claims in accordance with company policy.
• Prepare monthly journals for accruals, prepayments and inventory valuation (including inventory reconciliation).
• Prepare non-trade invoices and follow up on payments.
• Prepare monthly PNL reconciliation and ensure completeness between Trading and Accounting system.
• Prepare Balance sheet schedules (including fixed cost analysis).
• Manage monthly and quarterly Interco reconciliation. IFRS16 and other CAP reporting.
• Prepare audit schedules, draft audited financial statements and ACRA submission.
• Prepare local regulatory statistical and GTP reporting.
• Participate in projects including implementation, UAT testing and coordinating with internal and external stakeholders.

Tax

• Check and prepare monthly and quarterly GST and VAT reconciliation for submission (including hedging for GST).
• Ensure monthly reverse charge transactions are properly accounted for and prepare yearly RC election form for signature and file in accordance with IRAS requirements.
• Prepare MFT submission file for MFT renewal.
• Check and ensure GST clause used in billing is correct. Provide guidance to Back Officer on appropriate GST/VAT clause to use.
• Review completeness of VAT transactions and reconciliation performed by Back Officer for NL/BE/FR/Suriname regions.
• Work with tax agents on tax studies and to clarify on tax advice.
• Prepare annual/ad hoc corporate tax schedules.
• Update monthly transfer pricing transactions and assist on benchmarking studies.
• Track intercompany contracts for transfer pricing documentation purpose