Senior Specialist (Consolidation & Reporting) - 12 Months Contract

FairPrice Group; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

FairPrice Group is seeking a seasoned Group Consolidation & Reporting specialist in Singapore to oversee end-to-end consolidation for the Group’s subsidiaries. This role ensures data integrity, statutory compliance, and delivers high-quality insights to management.

You will lead closing processes, intercompany eliminations, equity accounting, and liaise with external auditors to assure timely filings and audit readiness.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• CA Singapore, ACCA, or CPA qualification beneficial.
• Minimum 7 years of experience in group reporting or consolidation.
• Prior Big 4 audit experience preferred.
• Expert knowledge of SFRS(I).
• Strong analytical mindset with high attention to detail.
• Excellent communication skills to influence finance stakeholders.

Responsibilities

• Oversee end-to-end financial consolidation for the Group’s subsidiaries.
• Prepare half-year and year-end closing; review intercompany eliminations and equity accounting.
• Coordinate with finance stakeholders and external auditors for annual audit and timely closing.
• Prepare the Group’s consolidated financial statements and cash flow per SFRS(I).
• Review Financial Report and coordinate with external auditors for timely filing.
• Review subsidiaries’ financial statements and coordinate filings with auditors.
• Ensure XBRL filings are accurate and filed on time; liaise with Company Secretary.
• Establish and maintain Group accounting policies and monitor changes in standards (eg: FRS 118, FRS 119).
• Prepare corporate tax information and computations; work with tax agents for IRAS timely.
• Lead impairment assessment with stakeholders and external auditors.

Education

Bachelor’s Degree in Accounting or Finance

CA Singapore, ACCA, or CPA

Job description

The specialist of Group Consolidation & Reporting will oversee the end-to-end financial consolidation process for the Group’s subsidiaries. This role ensures the integrity of financial data, compliance with statutory requirements, and the delivery of high-quality management insights to the management team.

Key Responsibilities

• Prepare the half yearly, and year-end closing process for the Group.
• Review consolidation entries, including intercompany eliminations, equity accounting for associates/JVs and to answer any queries with consolidation matters.
• Liaise with finance stakeholders and external auditors to oversee and facilitate the annual audit process, ensuring timely closing of consolidation and cash flow statements, and supporting compliance with financial standards.

2. Statutory Reporting

• Prepare the Group’s consolidated financial statements and cash flow statements in accordance with SFRS(I) and Group requirements.
• Review the Financial Report and coordinate with external auditors to ensure timely filing.
• Review and prepare the subsidiaries’ financial statement and coordinate with external auditors to ensure timely filing.
• Review the XBRL files prepared are in order, timely and filed accordingly.
• To liaise with company secretary to ensure all filings are done on time.

3. Technical Accounting & Governance

• Establish and maintain Group accounting policies to ensure standardized practices across different entities.
• Monitor changes in accounting standards and assist with the implementation of new standards (eg: FRS 118, FRS 119).

4. Corporate tax reporting

• Review and prepare the tax information for corporate tax info requirements.
• Review the corporate tax computations and ensure the computations are in order before submission.
• Work closely with the tax agents to ensure all tax computations are submitted with IRAS timely.

5. Impairment assessment

• Prepare the outlets impairment assessment
• Work closely with different finance stakeholders to gather the necessary info for impairment assessment
• Work closely with external auditors and finalise the impairment assessment

Job Requirements

• Bachelor’s Degree in Accounting or Finance.
• CA Singapore, ACCA, or CPA will be good to have.
• Minimum 7 years of experience in group reporting or consolidation.
• Prior experience in Big 4 audit firm is preferred.
• Expert knowledge of SFRS(I).
• Strong analytical mindset with high attention to detail.
• Excellent communication skills to influence various finance stakeholders.