Finance Manager

Dao by Dorsett AMTD Singapore; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job description

DUTIES & RESPONSIBILITIES

Accounts

• Prepare, review and analyse all accounts before issuing monthly financial statements and reports
• To prepare timetables for completing monthly reports and work schedules.
• To perform posting of journals and journal vouchers and ensure they are properly recorded and accurate.
• To safeguard and maintain all contracts, agreements, licenses and insurance.
• To manage prepaid and accrued expense monthly allocations and other allocated expense calculations and to ensure they are properly accounted for.
• Develop working procedures of all finance department positions as they relate to the overall workflow on the reporting system.
• Maintain and assist to implement proper internal control procedures and advise the Director of Finance of any non‑compliance or weakness.
• To perform bank reconciliation and month‑end reconciliation of all general ledger balances.
• To verify that the general ledger and sub‑ledger postings are accurate, ensure that general ledger and sub‑ledger balances correspond and all contra/clearance accounts are cleared at month‑end.
• To verify inventory count and review monthly costing report and to verify the proper booking of the costs.
• Assist to formulate financial and internal control policies and procedures.
• Verify petty cash claims, staff expense claims and AP payments.
• Supervises the different finance functions (including but not limited to Accounts Payable, Account Receivable, Income Audit and General cashier) to ensure adequate control and accuracy of works done.
• Ensure that the Fixed Asset Register is updated in a timely manner and arrange with user departments to carry out tagging of Fixed Assets
• Assist in preparing financial forecast, budget and other reporting requirement.
• To prepare actual and estimated cashflow schedules and to submit them to the Director of Finance.
• Prepare input/output tax details for quarterly GST submission by owning company’s tax agent.
• Liaise with owning company for property tax annual values to calculate exempt supply for room rates GST calculation.
• To maintain close communication with the public auditors and to communicate instructions for the preparation of internal and external audits, preparing all necessary data and documents.
• Liaises with Corporate and/or owning company’s staff on ad‑hoc matters.

Payroll

• Work closely with the HR department.
• Verify basic payroll information from source documents.
• Verify information on Employee Action Form and update payroll system accordingly.
• Compute overtime and part‑timer’s pay for approval.
• Prepare payroll worksheet and monthly reconciliation for approval with supporting documents and reports from payroll software.
• To review the salary calculations and ensure that labour expenses are properly posted.
• Submit CPF filing and annual IR8A information to IRAS.
• Any other duties as directed.