Jobholder to assist in ensuring TTA's accounting and reporting meets the requirements and in compliance with the regulations that it is subjected to
The role operates in a high-pressure environment with critical deadlines, particularly during month-end, quarter-end, and year-end closing periods
Collaboration with very diverse international teams locally and stakeholders based abroad
Access to confidential information
Complex reporting structures with strict deadlines
Activities Job Dimension Responsible for the accounting and reporting of general administrative costs for entities under T&S (TTA and CSSS) in the Singapore office. Activities Overhead Accounting & Reporting
Maintain accurate records of all general administration expenses and ensure timely posting to the general ledger
Monitor and update cost allocation ratios to ensure proper distribution across business segments and trading books
Record and justify accruals for general administration costs, conduct periodic reviews and follow-ups with relevant departments
Prepare regular reports and presentations on overhead expenditures, including variance analysis against budget and historical data
Investigate and explain significant variances to management
Support monthly full-set accounts with accurate financial records
Financial Closing and Compliance
Ensure timely and accurate completion of monthly, quarterly, and annual closings
Comply with regulatory and accounting standards, including SOX, IFRS/FRS, and local tax regulations
Intercompany Recharges & Reconciliations
Manage intercompany recharges process, including issuance of invoices and debit/credit notes
Ensure accuracy and timeliness of intercompany charges across group affiliates
Reconcile monthly, quarterly, and annual inter-company transactions between the Singapore office and affiliate entities
Tax Compliance
Prepare tax computations and liaise with tax agents. Handle tax queries and keep abreast of updates/changes in tax regulations
Provide necessary schedules for Estimated Chargeable Income and final tax filings
Ensure complete recording of GST and Withholding tax related to general administration expenses
Prepare and submit quarterly GST returns to the Inland Revenue Authority of Singapore (IRAS)
Ensure compliance with Global Trader Programme (GTP) requirements in annual tax computations
Budgeting & Forecasting
Participate in the budgeting process for overhead expenses based on historical trends, market conditions, business objectives, and departmental input
Audit Support
Support internal and external audits by providing necessary documentation and explanations related to overhead expenses
Regulatory Reporting
Prepare and submit surveys to government authorities (e.g., Department of Statistics, Enterprise Singapore, Monetary Authority of Singapore) within specified deadlines
Stakeholder Collaboration
Liaise with internal departments to ensure efficient daily operations
Communicate with other local and overseas offices for financial reporting collaboration
Coordinate with external parties such as tax advisors for compliance and advisory matters
Process Improvement & Ad-hoc tasks
Propose and collaborate on process enhancements with IT and other teams
Assist in ad hoc financial analysis and special projects as required by management
Candidate Profile Education and Work Experience
Bachelor's Degree in Accountancy or Equivalent (Bac + 3) with recognised professional accountancy qualification (e.g., Chartered Accountant or ACCA membership)
Minimum 2 years of experience managing full-set financial records
Proficient in MS tools (Power BI, Power Query)
Knowledge of SQL and Python is a plus
Strong proficiency in Excel and VBA is essential
Essential Qualities
Ability to manage stress and multitask in a fast-paced environment