Financial Accounting Specialist

Central Region, Singapore, Singapore

Job Description


What the role is:

As a member of Team Central Provident Fund (CPF), you will play a crucial role in helping over 4 million members save for their retirement, healthcare, and housing needs as well as helping them cope with life\'s uncertainties. With a fulfilling career, career growth, and development opportunities, you will be part of a big family of dedicated professionals. Join us and champion financial security for Singaporeans while leaving a lasting legacy.

What you will be working on:

  • Perform and manage the timely monthly closing activities, ensuring accuracy and integrity of financial reports and providing strategic insights and recommendations to internal and external stakeholders. \xe2\x80\xa2 Ensure compliance with Statutory Board Financial Reporting Standards \xe2\x80\xa2 Lead the implementation of FRS 117 Insurance Contracts. \xe2\x80\xa2 Collaborate with cross-functional departments to gather and analyze financial performance, identifying anomalies and risks from the review of financial data. \xe2\x80\xa2 Develop and implement effective financial processes and systems to ensure accurate recording of financial transactions in accordance with accounting standards and financial regulations. \xe2\x80\xa2 Manage and optimise funds\' cash flows, maximizing investment returns while adhering to risk management policies. \xe2\x80\xa2 Ability to lead and mentor a team of accounting officers, providing guidance and support to enhance team performance and professional development. \xe2\x80\xa2 Act as a liaison with Government Bodies, Statutory Boards, and the President\'s Office on financial reporting matters, ensuring compliance and timely submissions. \xe2\x80\xa2 Undertake ad-hoc tasks and projects to support the overall finance function.
What we are looking for:
  • Relevant work experience in accounting or audit, preferably with prior working experience or familiarity to the insurance industry. \xe2\x80\xa2 Good understanding of Singapore/Statutory Board Financial Reporting Standards, with proficiency in FRS 109 Financial Instruments. \xe2\x80\xa2 Strong analytical, interpersonal, and communication skills, with the ability to interpret and convey complex financial information effectively. \xe2\x80\xa2 Experience with PowerBI or similar business intelligence tools preferred, with the ability to use data visualisation for enhanced reporting and insights. \xe2\x80\xa2 Continuous learning mindset, with a willingness to stay updated on evolving accounting standards, regulations, and industry best practices. The successful candidate will hold the corporate title of Manager/Senior Manager, with seniority based on individual work experiences. What you can expect \xe2\x80\xa2 A challenging and rewarding career \xe2\x80\xa2 A variety of formal and informal training to enhance your skills in the evolving technology landscape \xe2\x80\xa2 Promotion opportunities based on your capability and on-the-job performance \xe2\x80\xa2 A friendly work environment with like-minded colleagues to co-create and collaborate together \xe2\x80\xa2 A hybrid work model allowing remote work for up to 50% of the time, contingent upon the exigencies of service \xe2\x80\xa2 A productive yet growth-oriented workplace with a flexible dress code empowering you to decide your appropriate outfit for the day \xe2\x80\xa2 A comprehensive rewards package \xe2\x80\xa2 Annual leave and pro-family leave \xe2\x80\xa2 Medical and dental benefits \xe2\x80\xa2 Access to recreational activities \xe2\x80\xa2 Position is on a 1-year full-time contract directly under the payroll of CPF Board with an option to renew, contingent upon confirmation and subject to organisational needs. Additionally, there is potential for emplacement into a permanent position
About Central Provident Fund Board:

At the Central Provident Fund (CPF) Board, we believe in developing individuals who are inspired to do their life\'s best work, through 3Ps: Purposeful Work, Professional Growth, People & Culture. Purposeful Work - The CPF Board helps 4 million members save for their retirement, healthcare and housing needs. Beyond being a pension fund, we are unique in being a national social security organisation, and we serve CPF members knowing that we make a difference. Professional Growth - At CPF Board, you will have the opportunity to learn on the job and pick up new skills and knowledge. Although you are joining one organisation, you will have access to many career paths in the years ahead. People and Culture - When you join CPF Board, you become part of a mission-oriented organisation with a strong culture of teamwork, collaboration, and innovation. As an employer, we value our people as our greatest asset, and foster a culture of respect, diversity, and inclusivity, where everyone\'s voice is heard, and contributions are recognised and celebrated. Come and be a part of #TeamCPF today, to make a difference in the lives of others and in the future of Singapore.

Central Provident Fund Board

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Job Detail

  • Job Id
    JD1407105
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Central Region, Singapore, Singapore
  • Education
    Not mentioned