Manager / Senior Manager (Financial Accounting)

Recruiter
Maritime and Port Authority of Singapore
Location
Singapore, Singapore
Salary
Competitive salary
Posted
17 Jan 2021
Closes
24 Jan 2021
Ref
549255
Job role
Accountant
Experience level
Manager
Agency: Maritime and Port Authority of Singapore
Job no.: 549255
Work type: Permanent
Location: Singapore
Categories: Accounting, Audit, Finance

The Maritime and Port Authority of Singapore (MPA) was established on 2 February 1996, with the mission to develop Singapore as a premier global hub port and international maritime centre (IMC), and to advance and safeguard Singapore's strategic maritime interests.

MPA is the driving force behind Singapore's port and maritime development, taking on the roles of Port Authority, Port Regulator, Port Planner, IMC Champion, and National Maritime Representative.

MPA partners the industry and other agencies to enhance safety, security and environmental protection in our port waters, facilitate port operations and growth, expand the cluster of maritime ancillary services, and promote maritime R&D and manpower development.

You will be working in the Financial Accounting Department and responsible for overseeing the Purchases and Payable reporting and processing. In performing these operations, you are to ensure that the accounts and financial statements are in-compliance with Statutory Board Financial Reporting Standards (SB-FRS), Government Instruction Manuals (IM), Financial Circulars (FC) and Finance Circular Minutes (FCM). You will also implement effective financial process and systems to enable accurate recording of financial transactions in accordance to SB-FRS, IM, FC and FCM. In addition, you will drive data analytics through application of analysis tools and techniques on financial information to assess financial implication and financial viability, as well as, take charge of projects such creation of dashboard on Purchases and Payable statistics and monthly financials.

Job Responsibilities

- Supervise the day-to-day operations of the Accounts Payable (AP) team.
- Supervise payments processes and completeness in the processing of journal.
- Monitor execution of payments and ensure timely reconciliation of bank statement and cashbook entries.
- Review, formulate and administer quality service standards, Purchases & Payables related policies, guidelines, internal control, work procedures and accounting practices that is relevant and compliant with Government Instruction Manual so as to ensure accurate and reliable information for reporting
- Oversee Finance AP and related sub-systems.
- Liase with Banks and other Government agencies on banking and AP related matters.
- Drive timely and accurate monthly and year end closing activities and provide accurate financial reports to all internal and external stakeholders
- Prepare and review the regular returns on financials to be submitted to Ministries and Department of Statistics
- Analyse financial performance and detect anomalies and risk from the review of financial data
- Provide sound advice on accounting treatment relating to AP to user departments
- Liaise with Government Bodies/Statutory Boards on financial reporting matters
- Review audit schedules for completeness and accuracy
- Assist in annual statutory audit and ensure compliance with the Statutory Board Financial Reporting Standards and Government Instruction Manual

Candidate should posses at least 5 years of experience in financial accounting, knowledge of and applying internal control frameworks, regulations and policies to strengthen governance and control. Strong knowledge of the relevant Acts e.g. GST Act, Statutory Board Financial Reporting Standards, local laws and legislations Proficient in Microsoft office applications and knowledge in SAP financial system would be preferred. Strong analytical, interpersonal and communication skills. Able to work independently and as an effective team leader and player. Highly motivated individual with an impeccable work ethics with flexibility to adapt to fast-moving and changing environments, and ability to deliver results in a high-pressure environment.

Advertised: 29 Dec 2020
Applications close: 26 Jan 2021

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