Profession: Accounting & Finance

Our client, an established company, providing efficient and high quality domestic and international postal services, has the following vacancy.




Job title:
Finance Manager (Fixed Assets and International Postal Accounting)

Qualifications and Prerequisites:

• Bachelor of Accountancy or its equivalent.
• Minimum 5 years relevant working experience, preferably in a public listed company, of which at least 3 years experience in a managerial position.
• Possess hands-on knowledge of SAP.
• Proficient with Microsoft Excel and Word
• Good written and spoken English
• Supervisory and managerial skills are essential
• Singaporean or SPR only
  

Reporting to:
VP (Budget and Accounting Services)


Job description :
1) Fixed Assets Accounting

• · Review the monthly, quarterly and annual audit schedules and reports for fixed assets section
• · Perform quarterly review under FRS 40 and FRS 105
• · Perform impairment review on selected properties as and when required
• · Prepare year-end audit schedules for annual accounts:
• - Impairment review
• - Review of Reinstatement Costs
• - Review of Residual Value
• - Annual review of FRS 40 and FRS105
• · Assist in annual budget exercise for capital expenditure and inventorised assets
• · Support Annual Fixed Assets Sighting Exercise (July to December)
• · Support Annual Inventory Stock Take for Spare Parts of Postal Machinery (March)
• · Support Annual Stock Count for Philatelic (October)
• · Track variances between budget and actual for fixed assets
• · Plan and coordinate sighting officers for condemnation of fixed assets
• · Update the fixed assets financial manual
• · Any other duties required to ensure adherence to fixed asset financial manual
• · Supervise one clerk

2) International Postal Accounts

• Check and sign all statement of accounts (incoming, outgoing, traffic and S$) on outpayments and conveyance for both Mail and Logistics (Speedpost, Parcel and Indemnity)
• Check and authorise payment memos
• Review month end accruals on International Postal related accounts
• Review all traffic-related costs (outpayments and conveyance)
• Review and monitor debtors and creditors ageing related to international postal administrators and airlines; recommend impairment required.
• Liaise with other operating units on action steps to recover old outstanding debts
• Review monthly trend report on inpayments, outpayments (to check computerised reports) and conveyance
• Review inbound and outbound general accounts
• Plan monthly, quarterly and annual payments to ensure no significant fluctuations in outstanding balances.
• Review audit schedules
• Perform quarterly review under FRS39 on international postal bad debt provision
• Perform annual review of statement of weight in relation to ATC
• International Mail System Computerisation, SPACE System Computerisation and ongoing review to enhance reports/systems performance and processes
• To handle EMS and Parcel agreements on rates and settlements
• To ensure master rates are properly updated by staffs and are correct/valid.
• Update procedures/processes relating to International Postal Accounts and ensure adherence to these procedures/processes
• To liaise with postal administrations and overseas agents pertaining to account queries and settlement of general accounts.
• To familarise with all UPU regulations and manuals and bilateral agreements, to guide the staffs on compliance and to coordinate process/ system improvements to ensure compliance.
• Supervise 5 clerks and 2 senior clerks

3) Any other duties that may be assigned by the Company and department.


A competitive remuneration package which includes attractive bonuses and benefits is offered. Salary will commensurate with qualifications and experience.



Contacts:
Please refer to Contacts for CV submission and enquiry.