Fixed Asset Accounting Manager

Singapore, Singapore

Job Description

Job Scope:

  • Lead the end-to-end process for asset decommissioning, including asset identification, tagging, condition assessment, and physical verification.
  • Ensure full compliance with the Government Instruction Manual on Finance (IM on Finance), including accurate and timely accounting of fixed asset disposals.
  • Coordinate with relevant ministries/departments to apply appropriate depreciation, valuation, and derecognition in accordance with Singapore Financial Reporting Standards (SFRS) for Statutory Boards or Ministries.
  • Develop and implement disposal plans that follow prescribed procedures (e.g. transfer, sale, auction, write-off), and secure all necessary approvals prior to asset disposal.
  • Maintain robust audit trails for every disposal transaction, ensuring traceability, proper documentation, and alignment with public sector audit requirements.
  • Respond promptly and effectively to audit observations or queries from internal and external auditors
Requirements:
  • A recognised degree/diploma in Accountancy, Finance, Business Administration, Building / Construction Management Public Administration, or related disciplines.
  • Strong understanding of public sector procurement and financial governance, with proven ability to ensure strict compliance with regulatory frameworks.
  • At least 5 years of relevant experience in public sector procurement, contract management and fixed asset accounting is preferred.
  • Familiarity with Government Instruction Manuals (Procurement and Finance), Government IM circulars, and internal audit processes.
  • Effective project management skills, meticulous, organised, and detail-oriented, with a strong sense of accountability and integrity.
  • Ability to engage and coordinate with diverse stakeholders, including technical teams, finance officers, auditors, contractors, and regulatory agencies.
  • Proactive, independent, adaptable, and able to manage concurrent workstreams under tight timelines.
Working Hours:
Monday - Thursday, 9am to 6pm, Friday - 9am to 5.30pm
(Hours may vary depending on the task requirements)
Contract Period: 11 months
Location: Maxwell
EA License No: 96C4864
Reg. No.: R24121728 EUNICE WOO JING QI

Skills Required

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Job Detail

  • Job Id
    JD1622437
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned