Group Finance Accountant

TIONG SENG CONTRACTORS (PRIVATE) LIMITED; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

TIONG SENG CONTRACTORS (PRIVATE) LIMITED seeks a hands-on Group Consolidation Accountant to strengthen the Group's financial reporting and technical accounting capability. You will own group reporting, consolidation, intercompany eliminations and schedules, coordinating with subsidiaries to ensure timely submission and compliance with IFRS.

The role requires 8–10 years in group reporting or consolidation, with at least 2 years in a supervisory capacity.

Qualifications

• 8–10 years of experience in group financial reporting, consolidation or external audits
• At least 2 years in a managerial or supervisory role
• Strong knowledge of IFRS, group consolidation and statutory reporting requirements
• Experience in SGX announcements and annual reports is advantageous
• Experience in listed companies or Big 4 audit firms is advantageous
• Excellent written and verbal communication in English and Chinese (China stakeholders)

Responsibilities

• Prepare consolidated financial statements for the Group and sub-groups, including budgets/forecasts and variance analysis.
• Prepare supporting schedules for consolidation, including intercompany eliminations and consolidation adjustments.
• Coordinate with subsidiaries' finance teams to obtain reporting packages for group consolidation.
• Ensure financial reporting complies with accounting standards and internal policies.
• Support budgeting, forecasting and working capital management.
• Prepare SGX announcements, interim financial statements and annual reports as applicable.
• Coordinate external audit activities for group reporting and respond to audit queries.
• Monitor changes in accounting standards and assess impact on the Group.
• Drive improvements in financial reporting processes, internal controls and systems.
• Support finance-related projects such as system implementations and finance transformation.
• Prepare financial analysis, Board papers and management reports for senior management.

Skills

Group consolidation

IFRS knowledge

Financial reporting

Analytical skills

Stakeholder communication

Multi-entity experience

Education

Bachelor's degree in accounting/finance

ACCA/CPA or equivalent

Job description

Group Consolidation Accountant for SGX Listed Entity

We are seeking a hands-on Group Consolidation Accountant with strong technical accounting skills and prior hands on exposure to multi entity group consolidation to strengthen the Group's financial reporting and technical accounting capability.

This role will take ownership for group reporting, financial consolidation, key reconciliations, statutory reporting and compliance and working closely with the Chief Financial Officer.

Key Responsibilities:

• Prepare consolidated financial statements for the Group and relevant sub-groups, including preparation of budgets/ forecasts and variance analysis.
• Prepare supporting schedules for consolidation, including intercompany eliminations, consolidation adjustments and other schedules required for financial reporting.
• Liaise with subsidiaries' finance teams to obtain reporting packages and supporting information, and ensure timely submission for Group consolidation.
• Ensure financial reporting is prepared in compliance with applicable accounting standards and internal policies.
• Support budgeting, forecasting and working capital management
• Preparation of SGX announcements, interim financial statements, annual reports and other statutory reporting requirements, where applicable.
• Coordinate external audit activities relating to Group reporting, including preparing audit schedules, addressing audit queries and ensuring timely completion of the audit process.
• Monitor changes in accounting standards and assess their impact on the Group, providing practical accounting guidance where required.
• Drive continuous improvements in financial reporting processes, internal controls and reporting systems to enhance efficiency and data quality.
• Support finance-related projects, including system implementation, reporting enhancements and finance transformation initiatives.
• Prepare financial analysis, Board papers and management reports to support senior management's decision-making.
• Assist with technical accounting research (IFRS/local GAAP differences) relevant to consolidation adjustments (including any tax implications)
• Perform other ad hoc duties and projects assigned by Management.

Requirements:

• Bachelor's degree in accounting, finance or a related discipline.
• Professional qualification such as ACCA, CPA or equivalent is preferred.
• 8 to 10 years of relevant experience in Group Financial Reporting, Consolidation or External Audit, with at least 2 years in a managerial or supervisory role.
• Strong knowledge of IFRS, group consolidation and statutory financial reporting requirements.
• Experience in preparing SGX financial announcements and annual reports would be an advantage.
• Able to work independently, manage multiple priorities and meet tight reporting deadlines.
• Experience in a listed company or Big 4 audit firm will be an advantage.
• Excellent verbal and written communication skills in English and Chinese (This role requires to communicate with China stakeholders)
• Strong analytical skills and detail oriented.