Senior Accountant

Job Responsibilities:

Senior Accountant Key Responsibilities

1. Accounting & Financial Reporting

• Prepare and review full sets of financial statements in accordance with Singapore Financial Reporting Standards (SFRS).
• Handle monthly, quarterly, and annual bookkeeping for Singapore entities.
• Ensure timely and accurate month-end and year-end closing of accounts.
• Perform bank reconciliations, balance sheet schedules and reconciliations, and variance analysis.
• Prepare Monthly and Annual Management Accounts, including:
• Profit & Loss
• Balance Sheet
• Detailed schedules (Bank, AR/AP, Prepayments, Fixed Assets, Intercompany)
• Review client management accounts, propose and post adjustment entries.
• Prepare and submit XBRL filings.
• Prepare consolidated management accounts and consolidated financial statements.
• Perform complex consolidation across multiple entities with different currencies and financial year ends.
• Handle accounting for large financial investment companies.
• Calculate dividends available for distribution to shareholders.
• Prepare interest amortisation schedules for long-term loans.
• Calculate and account for FRS 116 (Leases).
• Process supplier payments through banking platforms.
• Assist with client's statutory audits, resolve discrepancies, and provide required documentation.

2. Tax, Compliance & Statutory Reporting

• Prepare and review withholding tax filings and related compliance.
• Prepare, review, and submit GST returns, including reconciliations and compliance checks.
• Support tax computations, deferred tax calculations, and preparation of tax schedules.
• Monitor and ensure compliance with statutory requirements, including:
• ACRA
• IRAS
• CPF Board
• Other relevant regulatory authorities
• Assist with audits, including preparation of audit schedules and liaison with external auditors and IRAS auditors.
• Assist with OED submissions.

3. Payroll & Employee Tax Compliance

• Process and review Singapore payroll accurately and on time.
• Handle payroll-related reconciliations and statutory schedules.
• Ensure compliance with:
• CPF contributions and submissions.
• Skills Development Levy (SDL) calculations and payments.
• GLP calculation and application.
• Prepare and submit annual employee tax filings, including:
• IR21
• IR8A
• IR8S
• Appendix 8A / 8B

4. Client & Stakeholder Management

• Manage and handle a portfolio of 10 to 30 clients depending on size of any team they are managing and the complexity of the accounts.
• Act as the key point of contact for assigned Singapore clients.
• Conduct client calls and discussions on accounting, tax, and payroll matters.
• Provide advisory and consulting services to clients.
• Liaise with:
• Corporate secretarial teams
• Internal accounting and management teams
• Immigration teams
• External auditors
• Lawyers and tax lawyers
• Communicate technical matters clearly and professionally.
• Work closely with managers and partners to meet deadlines and service standards.

5. Quality Control

• Implement and support internal control improvements.
• Review work prepared by junior accountants and provided guidance and coaching.
• Ensure all work complies with firm policies and Singapore regulatory standards.
• Identify issues, risks, and opportunities for process and quality improvement.
• Contribute to the development of internal templates, checklists, and best practices.
• Support training and mentoring of junior team members.

Requirements

Technical & Professional Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA, CA, or equivalent professional qualification (preferred) or equivalent professional experience.
• Minimum 8 years of accounting experience, with at least 6 years in Singapore accounting and tax.
• Experience working in an accounting or professional services firm.
• Strong working knowledge of:
• Singapore Financial Reporting Standards (SFRS)
• Singapore corporate tax and GST
• ACRA and IRAS compliance requirements

Skills & Attributes

• High level of accuracy and attention to detail.
• Strong analytical and problem-solving skills.
• Excellent written and spoken English.
• Ability to manage multiple clients and deadlines independently.
• Comfortable working remotely with Singapore-based teams and clients.
• Adaptable to new technologies and automation tools.

Systems & Tools

• Experience with Singapore accounting and payroll software, such as:
• Xero
• QuickBooks
• Talenox
• HR Easily
• MYOB
• or similar systems
• Proficiency in Microsoft Excel and Google Workspace.