Finance Manager (Shipping)

1. Financial Accounting & Reporting

• Oversee the full spectrum of accounting functions, including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Fixed Assets, Inventory, Cash Management, and Intercompany Accounting.
• Lead the monthly, quarterly, and annual financial closing process, ensuring timely and accurate reporting.
• Prepare and review statutory financial statements in accordance with Singapore Financial Reporting Standards (SFRS).
• Ensure accounting records are complete, accurate, and comply with Group accounting policies.
• Review journal entries, balance sheet reconciliations, and supporting schedules.
• Prepare monthly management reports and financial schedules for management review.
• Perform analytical reviews of financial results and investigate significant variances.
• Ensure appropriate accounting treatment for complex transactions, including revenue recognition, leases, provisions, impairment assessments, foreign currency transactions, and other technical accounting matters.

2.Statutory & Regulatory Compliance

• Ensure compliance with:
• Singapore Financial Reporting Standards (SFRS)
• Singapore Companies Act
• IRAS regulations
• Goods and Services Tax (GST) legislation
• Other applicable statutory and regulatory requirements
• Review GST returns and ensure timely submission.
• Coordinate annual statutory audits and manage relationships with external auditors.
• Liaise with corporate secretaries, tax agents, bankers, and regulatory authorities.
• Ensure timely completion of annual reports, statutory financial statements, and all regulatory filings.

3. Taxation& Transfer Pricing

• Coordinate the preparation of corporate income tax computations, Estimated Chargeable Income (ECI), and annual tax filings.
• Support transfer pricing compliance, including preparation and maintenance of transfer pricing documentation.
• Work with external tax advisors on tax planning, tax audits, and regulatory matters.
• Monitor tax regulatory changes and ensure ongoing compliance.

4. Treasury & Cash Management

• Oversee cash management activities and monitor liquidity.
• Review cash flow forecasts and working capital requirements.
• Review bank reconciliations and ensure proper management of banking transactions.
• Manage banking relationships and support financing activities where required.

5. Group Consolidation

• Support the preparation and review of consolidated financial statements for SG sub-group.
• Manage intercompany reconciliations and ensure timely settlement of intercompany balances.
• Prepare and review consolidation adjustments, and elimination entries where applicable.

6. Internal Controls, Governance & Risk Management

• Establish, review, and strengthen internal controls over financial reporting.
• Ensure compliance with Group accounting policies, approval matrices, and delegated authority limits.
• Develop, implement, and maintain accounting policies, finance procedures, and standard operating procedures.
• Identify financial reporting risks and recommend appropriate control improvements.
• Ensure compliance with internal governance frameworks and corporate policies.

7. Team Leadership &People Development

• Lead, mentor, and develop the accounting team to build a high-performing finance function.
• Allocate responsibilities and manage team workload to ensure timely completion of deliverables.
• Review team outputs to ensure accuracy, quality, and compliance.
• Conduct performance reviews and identify training and development opportunities.
• Foster a culture of accountability, collaboration, continuous learning, and operational excellence.