Job Description

[What the role is]

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. [What you will be working on] - 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