Regional Accounting Specialist (Full Time/Contract)

Main Purpose of Job

• The Regional Accounting Specialist supports the Regional Finance Manager of Yanmar International Singapore Pte Ltd (YIS) and is primarily responsible for managing the full accounting spectrum including financial accounting and reporting, audit, budgeting, tax, and internal control.
• Supports the implementation of Accounting policy and procedure to ensure the delivery and compliance of transparent, timely and accurate reports.
• Supports the Regional Finance Manager on regional finance HQ activities and initiatives.

Responsibilities

• Ensure monthly, quarterly and yearly account closing process, accounting entries treatment and reports to the management and headquarter are completed properly, in accordance with accounting standards requirements and in a timely manner.
• Coordinate and assist in preparing mid-term plan, annual budgetary pack and forecasting, monitoring budgetary, analysis of variances between budget and actual result.
• Understand the financial strategies and plans of the business and provide support to management and overseas companies on new initiatives or processes that have accounting implications and business performance.
• Ensure accounting operation entries records are accurate and timely recognition of transactions in accordance with IFRS.
• Support in annual internal and external audits for timely audit report sign off and compliance.
• Manage statutory preparation, reporting and compliance which include XBRL report, GST, withholding tax, corporate income tax, transfer pricing documentation. Maintain proper and up-to-date supporting documentation for statutory and audit compliance purposes.
• Establish continuous improvement in accounting processes to ensure efficiency and best practices. Lead in detail standard operating procedures and workflow documentation; promote best practice corporate compliance, governance and quality reports.
• Establish and keep an up-to-date accounting internal control policy and procedures. Ensure all financial policies and procedures are compliant at all levels of staff and management.
• Ensure the safeguarding of all funds, closely monitor all account payable and accounts receivable status. Ensure accurate processing of banking transactions.
• Administer and maintain the accounting/financial system to ensure that all the finances with its supporting document are maintained in an accurate, complete and timely manner.
• Implement accounting and reporting system in accordance to business and reporting requirements.
• Provide support to overseas companies on providing issuance of billing, tax documents and other support as required.
• Compile and consolidate subsidiaries financial accounts for reporting, when required.
• Maintain up-to-date knowledge and awareness of finance and accounting legislation and practices associated with the key responsibility areas.
• Work closely with the team members to ensure smooth operations.

Competencies Required

• Excellent verbal and written communication skills. Ability to express oneself clearly in conversations, interactions and business writing with others.
• Develop and maintain good relationships with employees at all levels within the company and also with external parties.
• Ability to work cooperatively as a team and stay committed together on the task at hand.
• Having a high sense of integrity, transparency and accountability in all work tasks and interactions with others. Must be able to work with and handle highly confidential data.
• Detailed, well-organized and able to multi-task and manage multiple projects at the same time, prioritizing required actions accordingly to meet required deadlines.
• Strong drive to remain focused, self-motivated and committed to completing or achieving tasks.
• Meticulous and pays attention to details to ensure minimum errors in work.
• Be cost conscious and aware of divisional contribution to company profitability.
• Must be able to travel overseas if required.

Knowledge and Experience Required

• Minimum Bachelor's degree in Finance and Accounting or in relevant fields.
• CA designation is an added advantage.
• Minimum 6 years’ related working experience in a similar position with strong administrative skills.
• Excellent knowledge of financial management, accounting, internal control processes and administration.
• Good knowledge of budgeting and forecasting, and financial analysis.
• Good understanding of finance and accounting practices and IFRS, and consolidation.
• Excellent skills in Microsoft Office (Excel, Word and PowerPoint).
• Prior experience in implementing standard operating procedures and workflows, policies and procedures.
• Prior experience of working in a multi-cultural environment is an added advantage.
• Prior experience of using Microsoft Dynamic accounting software is an added advantage.

Others

• Type of position: permanent/contract (3 months contract, extendable/convertible to permanent if performance is good).