Snr Exec / Asst Mgr, Group & Statutory Reporting & General Ledger

SATS Ltd.; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

SATS Ltd., headquartered in Singapore, seeks a qualified finance professional to lead group consolidation and reporting. You will review monthly submissions from subsidiaries, perform intercompany reconciliations, and prepare Group consolidated financial statements under Singapore Financial Reporting Standards.

The role requires at least 3 years in financial accounting or external audit, strong analytical skills, and proficiency in SAP or OneStream.

Qualifications

• Bachelor's Degree in Accountancy, Finance, or equivalent.
• 3+ years of relevant experience in financial accounting, group reporting, statutory reporting, or external audit.
• Strong knowledge of Singapore Financial Reporting Standards (International) and reporting requirements.

Responsibilities

• Review monthly financial submissions and group reporting packages from subsidiaries, associates, and joint ventures as part of the group consolidation and reporting process.
• Perform intercompany reconciliations and resolve discrepancies with relevant stakeholders in a timely manner.
• Prepare Group consolidated financial statements in accordance with Singapore Financial Reporting Standards (International).
• Perform analytical reviews and variance analysis of consolidated financial results with meaningful insights on key movements.
• Ensure compliance with statutory and regulatory reporting requirements (ACRA, SGX, audit, and related regulations).
• Coordinate with Finance teams from various regions, external auditors, corporate secretaries, and government authorities on reporting and compliance matters.
• Support the implementation of new accounting standards and continuous improvements in Group consolidation and reporting processes and internal controls.
• Support the implementation, maintenance, and enhancement of financial reporting and consolidation systems.
• Provide ad hoc support to the General Ledger Shared Services team to ensure accurate monthly, quarterly, and annual reporting.

Skills

Financial analysis

Intercompany reconciliations

Group reporting

Analytical skills

Excel proficiency

Education

Bachelor's Degree in Accounting/Finance

Tools

SAP

OneStream

Job description

Company description:

About Us

Headquartered in Singapore, SATS Ltd. (SGX stock code: S58) is one of the world's largest providers of air cargo handling services and Asia's leading airline caterer. SATS Gateway Services provides airfreight and ground handling services including passenger services, ramp and baggage handling, aviation security services, aircraft cleaning and aviation laundry. SATS Food Solutions serves airlines and institutions, and operates central kitchens with large-scale food production and distribution capabilities for a wide range of cuisines.

SATS is present in the Asia-Pacific, the Americas, Europe, the Middle East and Africa, powering an interconnected world of trade, travel and taste. Following the acquisition of Worldwide Flight Services (WFS) in 2023, the combined SATS and WFS network operates over 225 stations in 27 countries. These cover trade routes responsible for more than 50% of global air cargo volume. SATS has been listed on the Singapore Exchange since May 2000. For more information, please visit www.sats.com.sg

Why Join Us

At SATS, people are our greatest asset and we build our success on the knowledge, expertise and performance of every contributor, by embracing diversity and uniqueness. As part of our holistic approach and commitment to embracing FAM (Fulfilling, Appreciated, Meaningful) in the workplace, we offer the runway to develop Fulfilling careers that foster your career growth, recognising and Appreciating the strength of talent and capabilities that we continue to build internally; and inspiring and encouraging each other to make Meaningful contributions in the work we do at SATS.

Job description:

Key Responsibilities

• Review monthly financial submissions and reporting packages from subsidiaries, associates, and joint ventures as part of the group consolidation and reporting process
• Perform intercompany reconciliations and work with relevant stakeholders to investigate and resolve discrepancies on a timely basis
• Prepare Group consolidated financial statements in accordance with Singapore Financial Reporting Standards (International)
• Perform analytical reviews and variance analysis of consolidated financial results, providing meaningful insights on key movements
• Ensure compliance with statutory and regulatory reporting requirements, including ACRA, SGX, audit, and other applicable regulations.
• Coordinate and liaise with Finance teams from various regions, external auditors, corporate secretaries, and government authorities on reporting and compliance matters.
• Support the implementation of new accounting standards and ensure compliance with evolving Singapore Financial Reporting Standards (International), and continuous improvements in Group consolidation, financial reporting processes, and internal controls.
• Support the implementation, maintenance, and enhancement of financial reporting and consolidation systems.
• Provide support to the General Ledger Shared Services team on an ad hoc basis to maintain end-to-end knowledge of Group reporting and accounting processes. Ensure the accurate and timely processing, recording, reconciliation, and reporting of monthly, quarterly, and annual financial information as part of General Ledger function
• Any ad-hoc duties as assigned

Key Requirements

• Bachelor's Degree in Accountancy, Finance, or equivalent professional accounting qualification
• Minimum 3 years of relevant experience in financial accounting, group reporting, statutory reporting, or external audit, depending on the position applied for
• Strong knowledge of Singapore Financial Reporting Standards (International) and financial reporting requirements
• Strong analytical, problem-solving, and organizational skills, with the ability to work under pressure and meet tight reporting deadlines
• Proactive, self-motivated, and able to work independently as well as collaboratively across teams and geographies
• Proficient in Microsoft Excel and Microsoft Word
• Knowledge of SAP and OneStream would be an added advantage