Finance Executive, Financial Reporting

Far East Organization; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Far East Organization is seeking a accounting professional to lead financial reporting for a diverse portfolio of investment properties and development projects. The role emphasizes compliance with SFRS(I) and accurate analysis of variances across complex portfolios.

The successful candidate will coordinate year-end audits, liaise with external auditors and drive finance transformation initiatives to improve processes and automation.

Qualifications

• Degree in Accounting or equivalent qualification.
• Minimum 3 years of relevant experience, preferably with a Big 4 audit firm.
• Strong knowledge of SFRS(I).
• Analytical, detail-oriented and able to manage multiple priorities.
• Strong communication and stakeholder management skills.

Responsibilities

• Prepare financial reporting schedules, journal entries and statutory financial statements in compliance with SFRS(I).
• Manage accounting and reporting for a large portfolio of investment properties and development projects.
• Coordinate annual fair value accounting and impairment assessments.
• Analyse financial results, perform balance sheet reviews and investigate key variances.
• Support development project accounting, revenue recognition, cost capitalisation and joint venture reporting.
• Partner with business teams, valuers and external auditors on complex accounting matters.
• Prepare audit schedules, address audit queries and support year-end audit processes.
• Drive process improvements, automation initiatives and finance transformation projects.

Skills

Analytical

Detail-oriented

Stakeholder management

Communication

Education

Degree in Accounting or equivalent

Job description

Company description:

Far East Organization, together with its Hong Kong-based sister company Sino Group, is one of Asia's largest real estate groups. The group has publicly-listed as well as private development and investment companies under its umbrella and operates in Singapore, Malaysia, Hong Kong, China, Taiwan, Australia, Japan, and Hawaii. Far East Organization operates as a Christian enterprise which seeks to be a community of love and a workplace of grace doing business guided by the eternal truths of Jesus Christ. Far East Organization is the largest private property developer in Singapore. Since its establishment in 1960 by the late Mr Ng Teng Fong, Far East Organization has been contributing to the transformation of Singapore's urban landscape, having built over 780 developments including 55,000 private homes. It is also the city-state's largest private residential landlord and operates one of the largest hospitality portfolios in Singapore. A one-stop real estate emporium, Far East Organization has development and investment interests across diverse sectors covering mixed-use, residential, hotels, serviced residences, retail, office, self-storage, healthcare and industrial developments. Far East Organization includes three listed entities: Far East Orchard Limited, a hospitality and property group, Far East Hospitality Trust which consists of Far East Hospitality Real Estate Investment Trust and Far East Hospitality Business Trust, and Yeo Hiap Seng Limited, a 121-year-old industry pioneer of processed food and beverage products in Southeast Asia. Far East Organization is the winner of 13 FIABCI World Prix d'Excellence awards, the highest honour in international real estate. The Organization was conferred the Best Organisation for Championing Human Capital by Singapore Human Resources Institute (SHRI) in 2021. Far East Organization ranks among the top 50 Singapore's Best Employers 2022 by The Straits Times - Statista.

Job description:

Responsibilities

• Prepare financial reporting schedules, journal entries and statutory financial statements in compliance with SFRS(I).
• Manage accounting and reporting for a large portfolio of investment properties and development projects.
• Coordinate annual fair value accounting and impairment assessments.
• Analyse financial results, perform balance sheet reviews and investigate key variances.
• Support development project accounting, revenue recognition, cost capitalisation and joint venture reporting.
• Partner with business teams, valuers and external auditors on complex accounting matters.
• Prepare audit schedules, address audit queries and support year-end audit processes.
• Drive process improvements, automation initiatives and finance transformation projects

Requirements

• Degree in Accounting or equivalent qualification with minimum 3 years of relevant experience, preferably with a Big 4 audit firm
• Strong knowledge of SFRS(I)
• Analytical, detail-oriented and able to manage multiple priorities.
• Strong communication and stakeholder management skills.