Group Consolidation Accountant
Group Consolidation Accountant
Key Responsibilities
Group Consolidation & Financial Reporting
- Prepare monthly, quarterly, and annual consolidated financial statements in accordance with SFRS(I) / IFRS.
- Perform inter-company eliminations, reconciliations, and balance confirmations across group entities.
- Prepare consolidation journals, minority interest calculations, and goodwill/PPA schedules.
- Maintain and update the group consolidation workpapers and reporting templates.
- Support the preparation of management reporting packs for senior leadership and the Board.
Statutory & Regulatory Compliance
- Assist in the preparation of entity-level statutory accounts for Singapore and overseas subsidiaries.
- Coordinate with local finance teams and external auditors across multiple jurisdictions.
- Support year-end audit processes, including preparation of audit schedules, flux analysis, and auditor queries.
- Monitor compliance with filing deadlines across entities (ACRA, IRAS, and overseas equivalents).
Inter-company & Treasury Support
- Maintain inter-company loan schedules, interest accruals, and related-party disclosures.
- Support inter-company recharges, transfer pricing documentation, and reconciliation of inter-company accounts.
- Assist with foreign currency translation and revaluation entries.
Entity Accounting
- Maintain full accounting records for the Group's Singapore-incorporated investment holding company.
- Process and reconcile inter-company transactions, including management fees, recharges, inter-company loans, and dividend entries.
- Maintain the fixed asset register and process depreciation journals.
- Process and reconcile Singapore payroll entries for employees, including CPF contributions and related accruals.
- Prepare monthly management accounts and balance sheet schedules.
- Liaise with the corporate secretary, auditors, and tax agents on statutory and compliance requirements.
Systems & Process
- Work with the ERP system (Microsoft Dynamics 365 Business Central) to extract and validate financial data.
- Support process improvements and standardisation of reporting across group entities.
- Assist in onboarding new entities into the group reporting framework.
Requirements
Experience & Qualifications
- Degree in Accountancy or Finance; CPA (Singapore), ACCA, or equivalent professional qualification preferred.
- Minimum 5-7 years of relevant experience, with at least 3 years in a group consolidation or group reporting function.
- Prior experience in a Big 4 audit firm is preferred.
- Prior experience in a manufacturing environment (precision engineering, medical devices, or related industries preferred).
- Experience with Singapore-listed companies or other listed group structures (ASX, Bursa Malaysia, HKEX, etc.) is an advantage.
- Familiarity with ERP systems; experience with Microsoft Dynamics / Business Central is a plus.
Technical Skills
- Strong technical knowledge of SFRS(I) / IFRS, particularly standards relevant to consolidation (SFRS(I) 10, 3, 1-21, 1-36).
- Proficient in Microsoft Excel (pivot tables, VLOOKUP, financial modelling); experience with consolidation tools is an advantage.
- Ability to handle multi-currency consolidation and foreign exchange accounting.
- Familiarity with intercompany elimination and related-party transaction accounting.
Personal Attributes
- Detail-oriented with a strong sense of ownership and accountability.
- Able to work independently and manage multiple deadlines across entities and time zones.
- Good communication skills for liaising with local finance teams, auditors, and regional stakeholders.
- Organised, process-driven, and comfortable in a fast-paced, growth-oriented environment.