Accounting Manager

This role oversees Group accounting operations, financial closing, consolidation, reporting, audit, tax compliance, and budgeting across multiple entities. It also involves managing outsourced accounting providers, strengthening financial controls, improving accounting processes, and supporting accounting system administration and integration.

Job Responsibilities: 1) Accounting Operations and Financial Closing

• Lead and review the preparation of full sets of accounts for assigned Group companies.
• Ensure timely and accurate closing.
• Review balance sheets, profit and loss accounts, general ledgers, journal entries, reconciliations and supporting schedules prepared by Accounts Executives.
• Review accruals, prepayments, depreciation, foreign exchange adjustments, intercompany transactions and other closing entries prepared by Account Executives.
• Investigate significant variances, unusual balances, long-outstanding items and accounting discrepancies and ensure their timely resolution.
• Ensure that transactions are properly classified, supported and recorded in accordance with applicable

accounting standards and Group accounting policies.

2) Outsourced Accounting Oversight

• Coordinate with external accounting firms responsible for the accounting and financial reporting of assigned Group companies.
• Establish and monitor reporting timelines for periodic and year-end closing.
• Review financial statements, management accounts, reconciliations, schedules and other deliverables prepared by external accounting firms.
• Ensure that outsourced accounting records are complete, accurate and consistent with the Group’s accounting policies and reporting requirements.
• Follow up on outstanding information, adjustments and accounting issues to ensure timely completion of accounts.

3) Group Consolidation and Financial Reporting

• Lead the preparation and review of monthly, quarterly and annual Group

consolidation.

• Review reporting packages submitted by Group companies and external accounting service providers.
• Review intercompany reconciliations, eliminations, consolidation adjustments and foreign currency translation entries.
• Ensure that intercompany differences are investigated and resolved on a timely basis.
• Review the financial results of Group companies and provide explanations for significant movements and variances.
• Ensure that consolidated financial information is accurate, complete and submitted within the Group’s reporting timetable.
• Prepare and review financial reports and analysis required by senior management.

4) Consolidated Audited Financial Statements and Audit

• Draft financial statements and related disclosures.
• Support annual statutory audit, ensuring audited financial statements are completed and submitted within statutory deadlines.
• Prepare audit schedules, supporting documents and responses to audit queries.
• Review proposed audit adjustments and escalate any significant matters.
• Identify recurring audit findings and implement appropriate corrective actions.

5) Tax and Statutory Compliance

• Prepare or review estimated chargeable income, final tax computations, tax returns and supporting schedules.
• Ensure that tax computations are reconciled to the accounting records and properly supported.
• Manage tax filing timelines and ensure timely and accurate submission of tax returns.
• Coordinate tax submissions through external tax agents or directly with the relevant tax authorities, as applicable.
• Liaise with tax agents and respond to tax-related queries.
• Monitor tax filing, payment and other statutory compliance deadlines for Group companies.
• Review current and deferred tax accounting entries, where applicable.
• Identify and escalate significant tax exposures, uncertain tax positions and compliance matters to senior management.

6) Budgeting and Performance Reporting

• Support the annual Group budgeting process.
• Coordinate, prepare, review and consolidate of budgets submitted by divisions.
• Review and report actual financial performance against budget, forecast and prior periods.

7) Financial Control and Governance

• Implement internal controls with oversight from Senior Accounting and Finance

Manager.

• Apply Group’s chart of accounts and ensure that changes are properly reviewed, approved and implemented.
• Identify financial and accounting risks, control weaknesses, recurring errors and process gaps.
• Ensure that accounting, audit, tax and statutory records are properly maintained and retained.

8) Accounting Systems Administration

• Act as one of the administrators for the Group’s accounting systems, managing day-to-day administration, maintenance, system interfaces between BASSnet and Dynamic 365.
• Maintain and control user access, roles, approval workflows, account codes and system configurations, and ensure audit trails are maintained.
• Coordinate with Information Systems Division and internal users to resolve system issues.
• Support system upgrades, testing, implementation, integration of financial information across systems, and user training.

9) Process and Systems Improvement

• Act as the primary escalation point for accounting and system-related matters.
• Support process improvement initiatives across the accounting and financial reporting functions.
• Review existing reporting templates, workflows and controls; and identify opportunities to improve the efficiency, accuracy, control and scalability of accounting operations.

10)Team Leadership and Development

• Lead, guide and support Accounts Executives.
• Ensure appropriate work allocation.

Job Requirements

• Degree in Accountancy
• Minimum 5 – 8 years of relevant experience, with prior audit background preferably with either Big 4 or mid-tier accounting firms
• Strong financial statement preparation experience
• Solid knowledge of SFRS / IFRS
• Experience in multi-entity and regional reporting
• ACCA / CA Singapore (qualified preferred)
• Working experience with Dynamic 365 is preferred.
• Excellent communication and interpersonal skills, with the ability to manage stakeholders across divisions and external service providers.
• Attention to detail, meticulous and a good team player who can adapt to dynamic work environment and collaborate effectively across departments and offices

Working hours: Mon to Fri 8.30am - 5.30pm