Executive, Finance & Accounting

Singapore, Singapore

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Asset Management

Collate annual budget for capital expenditure (CAPEX) for clearance by Manager and approval by senior management.
Review CAPEX approval paper for procurement.
Monitor and track CAPEX utilisation to ensure optimal utilisation within budget
Review unbudgeted or ad-hoc budget requests submitted by Operation units during the year to ensure justifications for purchase are in order and correct approving authorities are indicated in the request.
Liaise with key stakeholders on all CAPEX budget and utilisation matters.
Prepare month-end and year-end Fixed Assets (PPE and IA) schedules for Manager clearance.
Prepare depreciation forecast for expenditure projection and reporting where necessary
Monitor asset replacement and prepare journal entries for draw-down on fixed asset reserves
Work with Finance Shared Services on Fixed asset sighting and monitor/review asset disposal
Ensure asset acquisition or disposal are accounted correctly in accordance with accounting standard and policy
Oversee Finance Shared Services-Asset team's performance
Prepare and submit asset reports
Review and approve purchase requisition
Work closely with accounts payable on related purchase requisition and e-Payments.
Analyse financial data to identify trends and potential issues
Work with auditors to co-ordinate internal and statutory audits
Other duties as assigned.

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