Finance Executive, Fixed Assets

1FSS Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

1FSS Pte Ltd is seeking a Finance Supervisor to join the Finance Shared Services team. The role entails supervising staff, ensuring compliance with financial standards, and improving operational efficiency. Ideal candidates should possess significant accounting experience and a relevant qualification, along with strong communication and supervisory skills.

Qualifications

• At least 10 years' experience in Accounts Payable/Accounting or minimum 3 years of relevant experience with a degree.
• Preferably 1-3 years' supervisory experience.
• Independent, self-driven, and meticulous.

Responsibilities

• Supervise a team of four staff in Fixed Asset function.
• Review and ensure compliance with FRS and company policies.
• Liaise with internal/external stakeholders on Fixed Asset matters.

Skills

Financial Reporting standards

Communication

Interpersonal Skills

Customer-service orientation

Supervisory Skills

Efficiency Improvement

Education

Diploma in accounting or equivalent

Degree in Accountancy or ACCA

Tools

SAP

Microsoft Office

Job description

The incumbent shall be part of the Finance Shared Services (FSS) team responsible for the daily operation of Fixed Asset (FA) function in accordance to 1FSS Service Level Agreement (SLA). Duties and Responsibilities:

• Supervises a team of four staff.

• Review and ensure transaction postings compliance with Financial Reporting standards (FRS) and PHI’s policy & procedures.

• Monitor Assets under Construction / FA clearing GL Accounts open items schedule, ensuring staff have performed follow-up actions and post asset capitalization timely.

• Review asset tag acknowledgement logs to ensure staff follow up on outstanding matters.

• Review fixed asset verification returns ensuring staff have completed necessary follow-up actions and report to PHIs’ Finance upon closure.

• Liaise with internal / external stakeholders and auditors on Fixed Asset related matters

• Provide staff training; give performance feedback and coaching to staff to achieve corporate KPIs.

• Review work processes to improve efficiency and to strengthen internal control procedures

• Any ad-hoc duties as assigned.

Requirements:

• Diploma in accounting or equivalent (e.g. CAT); with at least 10 years’ experience in Accounts Payable/ Accounting or Degree in Accountancy or ACCA, with at least 3 years of relevant experience.

• Preferably with 1-3 years’ of supervisory experience.

• Experience in SAP is preferred.

• Proficient in Microsoft Office.

• Independent, self-driven and meticulous.

• Customer-service oriented with strong interpersonal and communication skills.