2683 - Finance Manager - Group Consolidation

WhatsApp: +65 90820021 (Kyler)
Email: [email protected]

5 days, 8,30am to 5.50pm
Salary: $7000- $7500
Location: Bedok

Reports to: Finance Controller

Job responsibilities:

Group Financial Reporting & Consolidation

• Lead and manage the timely and accurate preparation of the Group’s monthly, quarterly and annual consolidated financial results in accordance with SFRS(I) and applicable regulatory requirements.
• Review the Group’s consolidated financial statements and prepare SGX quarterly and full-year results announcements, annual report financial disclosures and other regulatory reporting deliverables, including relevant financial analyses, supporting schedules and commentaries.
• Review consolidation workings and adjustments, including intercompany eliminations, foreign currency translation, acquisition accounting and other consolidation entries, ensuring accuracy and completeness.
• Review subsidiaries’ financial results, reporting packages and significant variances, and liaise with respective finance teams to resolve reporting issues.

Management & Board Reporting

• Prepare financial performance analyses and commentaries covering revenue, profitability, operating expenses, EBITDA, working capital, cash flow and other key financial indicators.
• Investigate significant financial movements and variances, obtain explanations from subsidiaries and business units, and ensure meaningful and well-supported financial commentaries.
• Support the Group’s annual budgeting, forecasting and financial planning processes.

Technical Accounting & Advisory

• Research, assess and document accounting treatments for complex or non-routine transactions in accordance with SFRS(I), including business combinations, impairment assessments, leases, revenue recognition and financial instruments.
• Identify and escalate significant accounting issues, judgements and financial reporting risks, supported by appropriate analyses and recommendations.

Audit, Tax & Regulatory Compliance

• Coordinate Group external audit activities, including review of audit schedules, resolution of audit queries and timely completion of audit deliverables.
• Review tax computations and coordinate with tax advisers to ensure timely and accurate submissions

Singapore Entities – Accounting & Finance Operations

• Oversee the accounting and financial reporting functions of the Group’s investment holding company and other assigned Singapore entities, ensuring accurate accounting records and timely financial closing.
• Review journal entries, monthly financial statements, bank and balance sheet reconciliations, intercompany balances and other supporting schedules prepared by the accounting team.
• Review and verify bank payments, supporting documents and related transactions, ensuring compliance with established approval procedures and internal controls.
• Oversee accounts payable, accounts receivable, intercompany transactions, loans, interest charges and dividend distributions, ensuring accurate accounting and timely resolution of outstanding matters.
• Coordinate GST reporting, corporate tax computations, statutory audits and other compliance requirements for the assigned entities.

System Implementation & Other Responsibilities

• Support the implementation of the Group consolidation and financial reporting system, including data migration, system testing, reconciliations, issue resolution and coordination with relevant stakeholders.
• Assist in developing and documenting reporting procedures and internal controls to support system implementation and ongoing operations.
• Undertake other finance-related assignments and ad-hoc projects as required.

Requirements:

• Degree in Accountancy, Finance, or equivalent professional qualification (e.g. ACCA, CA or CPA).
• Minimum 7 years of relevant working experience, with at least 3 years' hands-on experience in group consolidation and financial reporting. Prior exposure to a listed company environment is preferred
• Strong technical knowledge of SFRS(I) and hands-on experience in Group consolidation, including intercompany eliminations, foreign currency translation, and consolidation adjustments.
• Proficient in Microsoft Excel and PowerPoint.
• Experience in consolidation system implementation or finance transformation projects would be advantageous

The Supreme HR Advisory Pte. Ltd | 14C7279
Gan Kai Le | R23112683