Revenue Senior Accountant with an established conglomerate

CAP Consulting; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading consulting firm in Singapore is seeking a finance professional with 6 - 8 years of experience. The role involves revenue and direct cost accounting, ensuring compliance with IFRS standards, and assisting in the implementation of IFRS 15 and 16. The ideal candidate is self-motivated, meticulous, and has strong interpersonal skills, making them a good team player in a fast-paced environment.

Qualifications

• 6 - 8 years experience in audit and accounting.
• Experience in financial reporting systems is an advantage.
• Self motivated and resourceful.

Responsibilities

• Review and ensure revenue and direct cost recognition.
• Assist in the implementation of IFRS 15 and 16.
• Document accounting treatments and processes.

Skills

Strong working knowledge of IFRSs

High proficiency in Excel, Words, Power point

Strong interpersonal skills

Meticulous

Education

Bachelor degree in Accountancy or equivalent

Tools

ERP implementation

Financial reporting systems

Job description

Our client is an established conglomerate. You will be part of the finance department responsible for revenue and direct cost accounting. You will also be playing an active role in the implementation of IFRS 15 Revenue from contracts with customers and IFRS 16 Leases.

Revenue and direct costs

• Review and ensure revenue and direct cost are recognised in accordance with accounting standards
• Document accounting positions, treatments, processes, workflow, internal controls and RACI (responsibility assignment matrix) on revenue and direct cost accounting
• Develop revenue and direct cost recognition guidelines for compliance
• Work with project team on design and implementation of new system to support IFRS 15. This includes setting of test scenarios, performing user acceptance test, tracking of errors and updating of standard operating procedures.
• Assist in design of reports for disclosure of revenue and cost commitments, contract assets and liabilities as required by IFRS 15

Leases

• Review customer contracts which are subject to IFRS 16
• Assist in the implementation of IFRS 16 and its documentation

Qualifications

• Bachelor degree in Accountancy or equivalent with 6 - 8 years experience in audit and accounting
• Strong working knowledge of IFRSs and its application
• Experience in ERP implementation and financial reporting systems as key user is an advantage
• High proficiency in Excel, Words, Power point and flow charting
• Self motivated, resourceful, meticulous, independent
• A good team player with strong interpersonal skills with the confidence and maturity to effectively work with different levels in the organization
• Able to work in a fast-paced and deadline-oriented environment