Finance Manager - LCYL

The Supreme HR Advisory Pte. Ltd.; Singapore; On-site; SGD 78,000 - 84,000; Full time

Job summary

The Supreme HR Advisory Pte. Ltd. seeks a Finance Manager to lead the Group's consolidation and financial reporting, including monthly, quarterly and annual closes in compliance with SFRS(I).

Based in Bedok, Singapore, you will manage intercompany eliminations, currency translations and consolidation entries to ensure accuracy. You will coordinates external audits, oversee tax computations and regulatory submissions, and support budgeting and forecasting.

Qualifications

• Degree in Accountancy/Finance or equivalent professional qualification (e.g. ACCA, CA or CPA).
• Minimum 7 years of relevant working experience, with at least 3 years' hands-on experience in group consolidation and financial reporting.
• Strong technical knowledge of SFRS(I) and hands-on experience in Group consolidation, including intercompany eliminations, foreign currency translation, and consolidation adjustments.

Responsibilities

• Lead and manage the timely and accurate preparation of the Group's monthly, quarterly and annual consolidated financial results in accordance with SFRS(I) and applicable regulatory requirements.
• Review consolidation workings and adjustments, including intercompany eliminations, foreign currency translation, acquisition accounting and other consolidation entries, ensuring accuracy and completeness.
• Review subsidiaries' financial results, reporting packages and significant variances, and liaise with respective finance teams to resolve reporting issues.

Skills

Group consolidation

Financial reporting

Intercompany eliminations

Foreign currency translation

Excel

PowerPoint

Education

Degree in Accountancy/Finance or equivalent professional qualification

Tools

SFRS(I)

Consolidation systems

Job description

Finance Manager

5 days, 8,30am to 5.50pm

Salary: $7000- $7500

Location: Bedok, Singapore 469332

Reports to: Finance Controller

Job responsibilities

Group Financial Reporting & Consolidation

• Lead and manage the timely and accurate preparation of the Group's monthly, quarterly and annual consolidated financial results in accordance with SFRS(I) and applicable regulatory requirements.
• Review the Group's consolidated financial statements and prepare SGX quarterly and full-year results announcements, annual report financial disclosures and other regulatory reporting deliverables, including relevant financial analyses, supporting schedules and commentaries.
• Review consolidation workings and adjustments, including intercompany eliminations, foreign currency translation, acquisition accounting and other consolidation entries, ensuring accuracy and completeness.
• Review subsidiaries' financial results, reporting packages and significant variances, and liaise with respective finance teams to resolve reporting issues.

Management & Board Reporting

• Prepare financial performance analyses and commentaries covering revenue, profitability, operating expenses, EBITDA, working capital, cash flow and other key financial indicators.
• Investigate significant financial movements and variances, obtain explanations from subsidiaries and business units, and ensure meaningful and well-supported financial commentaries.
• Support the Group's annual budgeting, forecasting and financial planning processes.

Technical Accounting & Advisory

• Research, assess and document accounting treatments for complex or non-routine transactions in accordance with SFRS(I), including business combinations, impairment assessments, leases, revenue recognition and financial instruments.
• Identify and elevate significant accounting issues, judgements and financial reporting risks, supported by appropriate analyses and recommendations.

Audit, Tax & Regulatory Compliance

• Coordinate Group external audit activities, including review of audit schedules, resolution of audit queries and timely completion of audit deliverables.
• Review tax computations and coordinate with tax advisers to ensure timely and accurate submissions

Singapore Entities - Accounting & Finance Operations

• Oversee the accounting and financial reporting functions of the Group's investment holding company and other assigned Singapore entities, ensuring accurate accounting records and timely financial closing.
• Review journal entries, monthly financial statements, bank and balance sheet reconciliations, intercompany balances and other supporting schedules prepared by the accounting team.
• Review and verify bank payments, supporting documents and related transactions, ensuring compliance with established approval procedures and internal controls.
• Oversee accounts payable, accounts receivable, intercompany transactions, loans, interest charges and dividend distributions, ensuring accurate accounting and timely resolution of outstanding matters.
• Coordinate GST reporting, corporate tax computations, statutory audits and other compliance requirements for the assigned entities.

System Implementation & Other Responsibilities

• Support the implementation of the Group consolidation and financial reporting system, including data migration, system testing, reconciliations, issue resolution and coordination with relevant stakeholders.
• Assist in developing and documenting reporting procedures and internal controls to support system implementation and ongoing operations.
• Undertake other finance-related assignments and ad-hoc projects as required.

Requirements

• Degree in Accountancy, Finance, or equivalent professional qualification (e.g. ACCA, CA or CPA).
• Minimum 7 years of relevant working experience, with at least 3 years' hands-on experience in group consolidation and financial reporting. Prior exposure to a listed company environment is preferred
• Strong technical knowledge of SFRS(I) and hands-on experience in Group consolidation, including intercompany eliminations, foreign currency translation, and consolidation adjustments.
• Proficient in Microsoft Excel and PowerPoint.
• Experience in consolidation system implementation or finance transformation projects would be advantageous

Cheong Yeat Long | R25145358 The Supreme HR Advisory Pte Ltd | EA 14C7279