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- Lead Financial Reporting, Month-end & Year-end Close:
- Manage the monthly, quarterly and annual financial closing processes, ensuring timeliness and accuracy.
- Review and approve journal entries, account reconciliations, financial statements, and accruals.
- Conduct financial analysis and provide management insights.
- Ensure compliance with SOX, US GAAP, IFRS, local GAAP, and corporate financial guidelines for accurate financial reporting.
- Prepare management reporting packages, including M-Package, Q-Package, and Tax-Package.
- Manage Key Accounting Processes (RTR, OTC, Inter-company and PTP):
- Oversee general ledger maintenance, intercompany transactions, and balance sheet reconciliations.
- Ensure accurate intercompany billing and settlement processes for cross-border transactions.
- Support in compliance with transfer pricing policies and intercompany agreements.
- Manage the Record-to-Report (RTR) process, ensuring accurate general ledger maintenance.
- Oversee the OTC process, timely collections, and credit control.
- Ensure correct revenue recognition under company policies and accounting standards.
- Oversee Procure-to-Pay (PTP) operations, ensuring efficient vendor management, accurate invoice processing, and timely payment disbursement. Collaborate with procurement and finance teams to enhance cash flow management and strengthen supplier relationships.
- Manage Fixed Asset Management & Capital Expenditure (CAPEX)
- Manage fixed asset additions, disposals, and depreciation schedules in line with accounting standards.
- Oversee CAPEX budgeting, approvals, and financial tracking.
- Ensure proper documentation and compliance for capital investments and asset management.
- Oversee intercompany transactions and reconciliations with other Bio-Rad subsidiaries.
- Team Leadership & Operational Excellence
- Mentor and develop the accounting team through training and performance management.
- Foster a collaborative, high-performing team environment.
- Support cross-functional teams and regional finance leadership in strategic financial decision-making.
- Drive continuous improvement initiatives, streamlining financial processes and automation efforts.
- Participate in and lead ad-hoc projects to improve processes and efficiencies.
- Statutory Compliance & SOX Compliance:
- Prepare and submit local statutory reports in accordance with Singapore accounting standards
- Ensure compliance with local statutory financial reporting and tax filing requirements, including WHT and GST filings.
- Address auditor and tax consultant queries to ensure timely filing and compliance.
- Coordinate with external auditors, tax consultants, and regulatory authorities for audits and reporting.
- Strengthen internal controls and policies to maintain SOX compliance and corporate governance standards.
- Recognized accountancy qualification (e.g., ICPAS) or a Bachelor’s degree in Accounting. Advanced certifications in accounting (CPA, ACCA) is highly preferred.
- Minimum of 8 years in accounting management, with experience in a manufacturing environment, is preferred.
- Strong understanding of US GAAP accounting principles, SOX audit processes, and working in multinational or complex organizational structures.
- Prior experience in multinational corporations (MNCs) or regional finance operations is highly preferred.
- Experience managing the full accounting cycle (RTR, OTC, PTP, Intercompany).
- Proficient in ERP system (SAP, Oracle), financial reconciliation tools (e.g Blackline, Cadency) and strong Excel skills.
- Strong leadership and communication skills, with experience and proven ability to guide and develop a team.
- Excellent problem-solving abilities and the capability to prioritize tasks in a fast-paced, deadline-driven environment.
- Strong organizational skills and the ability to work both independently and collaboratively.
- Lead Financial Reporting, Month-end & Year-end Close:
- Manage the monthly, quarterly and annual financial closing processes, ensuring timeliness and accuracy.
- Review and approve journal entries, account reconciliations, financial statements, and accruals.
- Conduct financial analysis and provide management insights.
- Ensure compliance with SOX, US GAAP, IFRS, local GAAP, and corporate financial guidelines for accurate financial reporting.
- Prepare management reporting packages, including M-Package, Q-Package, and Tax-Package.
- Manage Key Accounting Processes (RTR, OTC, Inter-company and PTP):
- Oversee general ledger maintenance, intercompany transactions, and balance sheet reconciliations.
- Ensure accurate intercompany billing and settlement processes for cross-border transactions.
- Support in compliance with transfer pricing policies and intercompany agreements.
- Manage the Record-to-Report (RTR) process, ensuring accurate general ledger maintenance.
- Oversee the OTC process, timely collections, and credit control.
- Ensure correct revenue recognition under company policies and accounting standards.
- Oversee Procure-to-Pay (PTP) operations, ensuring efficient vendor management, accurate invoice processing, and timely payment disbursement. Collaborate with procurement and finance teams to enhance cash flow management and strengthen supplier relationships.
- Manage Fixed Asset Management & Capital Expenditure (CAPEX)
- Manage fixed asset additions, disposals, and depreciation schedules in line with accounting standards.
- Oversee CAPEX budgeting, approvals, and financial tracking.
- Ensure proper documentation and compliance for capital investments and asset management.
- Oversee intercompany transactions and reconciliations with other Bio-Rad subsidiaries.
- Team Leadership & Operational Excellence
- Mentor and develop the accounting team through training and performance management.
- Foster a collaborative, high-performing team environment.
- Support cross-functional teams and regional finance leadership in strategic financial decision-making.
- Drive continuous improvement initiatives, streamlining financial processes and automation efforts.
- Participate in and lead ad-hoc projects to improve processes and efficiencies.
- Statutory Compliance & SOX Compliance:
- Prepare and submit local statutory reports in accordance with Singapore accounting standards
- Ensure compliance with local statutory financial reporting and tax filing requirements, including WHT and GST filings.
- Address auditor and tax consultant queries to ensure timely filing and compliance.
- Coordinate with external auditors, tax consultants, and regulatory authorities for audits and reporting.
- Strengthen internal controls and policies to maintain SOX compliance and corporate governance standards.
- Recognized accountancy qualification (e.g., ICPAS) or a Bachelor’s degree in Accounting. Advanced certifications in accounting (CPA, ACCA) is highly preferred.
- Minimum of 8 years in accounting management, with experience in a manufacturing environment, is preferred.
- Strong understanding of US GAAP accounting principles, SOX audit processes, and working in multinational or complex organizational structures.
- Prior experience in multinational corporations (MNCs) or regional finance operations is highly preferred.
- Experience managing the full accounting cycle (RTR, OTC, PTP, Intercompany).
- Proficient in ERP system (SAP, Oracle), financial reconciliation tools (e.g Blackline, Cadency) and strong Excel skills.
- Strong leadership and communication skills, with experience and proven ability to guide and develop a team.
- Excellent problem-solving abilities and the capability to prioritize tasks in a fast-paced, deadline-driven environment.
- Strong organizational skills and the ability to work both independently and collaboratively.