Finance Officer-Fixed Assets (Contract) - DFS5218307 in Singapore at DFS

Date Posted: 5/8/2021

Job Snapshot

Job Description

The Finance Assistant for Fixed Assets is responsible to ensure that fixed assets records are complete, consistent with DFS’ accounting policies and compliant with local statutory depreciation requirements. This position is required to perform monthly financial close, post journal entries and prepare G/L account reconciliations.

Key Responsibilities:

• Maintain fixed asset registers which includes capitalization/ disposal/ transfer of assets and execute monthly depreciation reports.
• Ensure timeliness, accuracy and completeness of month end close, hard close, fast close and year end close.
• Ensure capital expenditure costs are capitalized and depreciated properly in accordance with DFS policies and guidelines, as well as applicable local statutory corporate and tax laws.
• Prepare account reconciliations with completeness and accuracy and follow up on action items.
• Liaise with internal and external auditors as required.
• Provide support and respond to queries from Divisions, Corporate & Group Reporting (CGR), Store Finance and Finance Controllers on a timely basis.
• Provide monthly depreciation variance analysis to Store Finance and Finance Controllers.
• Provide depreciation forecasts, budget and strategic plan.
• Participate in ad-hoc projects as assigned.
• Process CAPEX invoices and billings for Vendor Funding
• Assist the Quantity Surveyors in preparing the Bulkload Template for issuing Purchase Order (PO)
• Generate periodic reports for Project Managers and Quantity Surveyors
• Other adhoc projects as assigned

Key Requirements:

• Bachelor's degree in Accounting
• 0-2 years working experience (shared service centre preferred)