Financial Accountant

OPTROTECH PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading company in Singapore is seeking a Financial Accountant to oversee accurate financial reporting and compliance with accounting standards. The role is crucial for month-end closing, statutory reporting, and tax support, offering opportunities to work on regional and group-level consolidation tasks.

Qualifications

• 3-5 years of experience in financial accounting required.
• Hands-on experience with monthly closings and financial reporting.
• Strong skills in Microsoft Excel and ERP systems.

Responsibilities

• Prepare monthly, quarterly, and annual financial statements.
• Manage general ledger activities and journal entries.
• Assist in preparation of regional and group financial reports.

Skills

Financial Accuracy

Technical Proficiency

Audit and Compliance Knowledge

Process Orientation

Analytical Thinking

Education

Bachelor’s degree in Accounting or Finance

Professional accounting qualification (ACCA, CPA, CA)

Tools

SAP

Oracle

NetSuite

Microsoft Excel

Job description

Job Summary

The Financial Accountant is responsible for ensuring accurate financial reporting, maintaining accounting records, and ensuring compliance with accounting standards and internal controls. This role includes month-end closing, statutory reporting, tax support, and involvement in regional or group-level reporting and consolidation where required.

Key Responsibilities

1. Financial Reporting

• Prepare monthly, quarterly, and annual financial statements in accordance with IFRS or local GAAP.
• Ensure timely and accurate submission of financial data to internal and external stakeholders.
• Support preparation of management reports, variance analysis, and financial commentary.

2. Month-End & Year-End Closing

• Manage general ledger activities and ensure all transactions are accurately recorded.
• Perform and review journal entries (e.g., accruals, amortization, reclassifications).
• Conduct balance sheet account reconciliations and resolve discrepancies.

3. Group and Regional Reporting

• Assist in the preparation and submission of regional and group financial reports.
• Perform intercompany reconciliations and coordinate with affiliates on variances.
• Support the consolidation process including reporting package submissions and group adjustments.

4. Statutory and Tax Compliance

• Prepare statutory accounts in compliance with local regulations and assist in filing with authorities.
• Liaise with tax consultants or internal tax teams for tax computations, filings, and compliance.
• Support audits and tax audit as required.

5. Audit and Internal Control

• Coordinate and support external and internal audits by preparing documentation and audit schedules.
• Ensure adherence to internal control procedures and corporate governance policies.
• Assist with SOX compliance or equivalent if applicable.

6. Process Improvement & Systems

• Contribute to process enhancements, standardization, and automation initiatives.
• Assist in ERP implementation, upgrades, or system optimization projects.
• Support finance transformation projects at the regional or group level.

7. Process Improvement & Systems

• Support ad-hoc tasks and perform other duties and responsibilities as assigned

Experience

• 3–5 years of experience in financial accounting, preferably within a regional or group-level finance function.
• Hands-on experience with monthly closings, financial reporting, and audit support.
• Familiarity with intercompany transactions and group consolidation processes.
• Proven ability to work with external auditors and manage statutory reporting requirements.

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field is required.
• Professional accounting qualification (e.g., ACCA, CPA, CA) is preferred.
• Knowledge of IFRS and/or local GAAP is essential.

Other Requirements

• Proficient in ERP systems such as SAP, Oracle, NetSuite, or Business Central (BC).
• Experience with consolidation tools (e.g., Hyperion, OneStream) is an advantage.
• Strong Microsoft Excel skills (pivot tables, advanced formulas, data analysis).
• Ability to liaise effectively with auditors, tax agents, and regulatory bodies.
• Collaborative and able to work with cross-functional teams on finance-related tasks and projects.

KEY COMPETENCIES REQUIRED FOR THE JOB: (Core & Behavioural)

Core Competencies:

• Financial Accuracy : Strong foundation in accounting principles and financial reporting standards (IFRS/local GAAP).
• Technical Proficiency : Skilled in general ledger, financial closing processes, and use of ERP and reporting tools.
• Audit and Compliance Knowledge : Understanding of audit requirements, statutory compliance, and internal controls.
• Process Orientation : Ability to improve, standardize, and automate finance processes and workflows.
• Tax and Statutory Familiarity : Basic understanding of corporate tax principles and statutory filings.
• Analytical Thinking : Ability to interpret financial data, perform reconciliations, and resolve discrepancies.

Behavioural Competencies

• Attention to Detail : High level of accuracy and thoroughness in financial reporting and reconciliations.
• Problem-Solving Mindset : Able to troubleshoot issues and proactively seek resolutions.
• Time Management : Capable of meeting tight deadlines while handling multiple priorities.
• Communication Skills : Able to explain financial data clearly to non-financial stakeholders.
• Team Player : Willingness to collaborate and support team members and other departments.
• Adaptability : Comfortable working in a fast-paced and evolving environment, including during system upgrades and finance transformation projects.