Principal Accountant, Cost Accounting

VISIONPOWER SEMICONDUCTOR MANUFACTURING COMPANY PTE. LTD.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

VisionPOWER SEMICONDUCTOR MANUFACTURING COMPANY PTE. LTD. is seeking an experienced finance professional to lead monthly financial review, long-term planning, and forecasting efforts in a manufacturing setting.

The role requires 4+ years in accounting/FP&A, strong MS Excel and Oracle ERP skills, and the ability to translate data into actionable business insights. You will prepare monthly management reports, collaborate with multiple departments, drive budgeting processes, and identify

Qualifications

• Bachelor's degree in Accounting, Finance, or a related discipline, or a recognized professional accounting qualification.
• Minimum 4 years of relevant experience in accounting, finance, FP&A, or a related role. Experience in fab/manufacturing is preferred.
• Strong financial accounting, financial analysis, budgeting, forecasting, and project management skills.
• Strong analytical and problem-solving abilities, with the ability to interpret financial data and provide meaningful business insights.
• Good communication and stakeholder management skills, with the ability to collaborate effectively across different departments.
• Independent, proactive, detail-oriented, and hands-on with a positive attitude and strong sense of ownership.
• Proficient in written and spoken English.
• Proficient in Microsoft Office, particularly Excel.
• Knowledge of Oracle ERP and auditing experience would be an added advantage.

Responsibilities

• Monthly Financial Review: Collate, review, and update financial data; analyze actual results against forecasts and budgets; investigate variances and provide insights.
• Long-Term Business Planning: Analyze demand, production costs, and other drivers to develop profit projections and scenarios.
• Forecasting & Budgeting: Develop and maintain forecasting models; coordinate annual budgeting across units.
• Financial Reporting: Prepare monthly management reports, variance analyses, dashboards, and present findings to senior management.
• Process Improvement: Identify improvements in reporting, forecasting, budgeting, and consolidation processes, including automation.
• Stakeholder Collaboration: Work with departments to gather information and provide financial guidance.
• Government Grants: Stay updated on policies and coordinate grant applications with required financials.
• Ad-Hoc Support: Undertake other finance-related projects as assigned by management.

Skills

Financial accounting

Financial analysis

Budgeting

Forecasting

Project management

Education

Bachelor's degree in Accounting, Finance, or related discipline

Recognized professional accounting qualification

Tools

Microsoft Office (Excel)

Oracle ERP

Job description

Key Responsibilities

• Monthly Financia Review: Collate, review, and update financial data; analyze actual results against forecasts and budgets; investigate and explain variances; and provide financial insights to support management decision-making, including month-on-month and quarter-on-quarter analysis.
• Long-Term Business Planning: Support the development of long-term business plans by analyzing demand, production costs, operating expenses, and other key business drivers to develop realistic profit projections and financial scenarios.
• Forecasting & Budgeting: Develop, maintain, and improve financial forecasting models across various business units and coordinate the annual budgeting process. Analyze historical data and trends to ensure all relevant costs and assumptions are appropriately captured.
• Financial Reporting: Prepare monthly management reports, variance analyses, dashboards, and other financial reports, and present key financial results and recommendations to senior management.
• Process Improvement: Identify and implement improvements in reporting, forecasting, budgeting, and consolidation processes, including automation and system optimization.
• Stakeholder Collaboration: Work closely with various departments and stakeholders to gather information, understand business requirements, and provide financial analysis, support, and guidance.
• Government Grants: Keep updated on relevant government policies, funding schemes, and grants. Coordinate with relevant departments and stakeholders on grant applications and prepare the required financial and forecast information.
• Ad-Hoc Support: Undertake other finance-related projects and duties as assigned by management.

Requirements

• Bachelor's degree in Accounting, Finance, or a related discipline, or a recognized professional accounting qualification.
• Minimum 4 years of relevant experience in accounting, finance, FP&A, or a related role. Experience in fab/manufacturing is preferred.
• Strong financial accounting, financial analysis, budgeting, forecasting, and project management skills.
• Strong analytical and problem-solving abilities, with the ability to interpret financial data and provide meaningful business insights.
• Good communication and stakeholder management skills, with the ability to collaborate effectively across different departments.
• Independent, proactive, detail-oriented, and hands-on with a positive attitude and strong sense of ownership.
• Proficient in written and spoken English.
• Proficient in Microsoft Office, particularly Excel.
• Knowledge of Oracle ERP and auditing experience would be an added advantage.