Senior Finance Executive

SY Foodstuffs & Trading Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading company in the trading sector is seeking a Financial Accountant to manage financial records, prepare reports in accordance with Singapore Financial Reporting Standards, and ensure tax compliance. The ideal candidate will have a diploma or degree in finance, at least 3-5 years of relevant experience, and strong analytical skills. This role plays a critical part in financial planning and reporting, contributing to the overall success of the organization.

Qualifications

• Minimum 3-5 years relevant accounting experience in F&B or FMCG.
• Proficient in accounting software and Microsoft Excel.
• Solid understanding of Singapore Financial Reporting Standards (SFRS).

Responsibilities

• Maintain accurate financial records and prepare full sets of accounts.
• Manage accounts payable and receivable alongside GST compliance.
• Prepare cash flow forecasts and provide financial reports to management.

Skills

Analytical skills

Problem-solving

Attention to detail

Organizational skills

Communication

Education

Diploma or Degree in Accountancy, Finance

Tools

Accounting software

Microsoft Excel

Job description

Key Responsibilities:

1. Financial Accounting & Reporting:

- Maintain accurate and up-to-date financial records, ledgers, and journals.
- Prepare full sets of accounts (including General Ledger, Accounts Receivable, Accounts Payable, Fixed Assets, and Inventory).
- Prepare monthly, quarterly, and annual financial statements, including Profit & Loss Statements, Balance Sheets, and Cash Flow Statements, in accordance with IFRS.
- Perform bank reconciliations and balance sheet reconciliations regularly.
- Assist in year-end closing procedures and liaise with external auditors.

2. Manage Accounts Payable

3. Accounts Receivable Management.

4. Goods and Services Tax (GST) & Other Tax Compliance
- Prepare and submit accurate quarterly GST returns to the Inland Revenue Authority of Singapore (IRAS) by the stipulated deadlines. Ensure proper accounting for input and output GST.
- Stay updated on GST regulations and changes in Singapore. Assist with any other tax-related matters or submissions as required.

5. Cash Flow Management:
-Prepare cash flow forecasts to assist in financial planning.

6. Administrative & Ad-Hoc Duties:
- Provide financial reports and analysis to management as requested.
- Assist in the implementation and improvement of accounting systems and processes.

Qualifications:

• Education: Diploma or Degree in Accountancy, Finance, or a related field. Relevant professional certifications (e.g., ACCA, CPA) are a plus.

• Experience: Minimum of [e.g., 3-5] years of relevant accounting experience, with a strong preference for experience in the trading, F&B, or FMCG industry in Singapore.

• Technical Skills:

  • Proficient in accounting software

  • Strong proficiency in Microsoft Excel.

  • Familiarity with IRAS requirements for GST and corporate tax.

• Knowledge: Solid understanding of Singapore Financial Reporting Standards (SFRS).

• Attributes:

  • Strong analytical and problem-solving skills.

  • Excellent attention to detail and accuracy.

  • Good organizational and time management skills, with the ability to manage multiple tasks and meet deadlines.

  • Proactive, independent, and able to work with minimal supervision.

  • Good communication and interpersonal skills.

To Apply:

Please submit your detailed resume, stating your current and expected salary, and availability to [e-mail]