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Assistant Manager - Group Consolidation

Posted on:  28 Jan 2025
Job Req ID:  4137
Division:  Ancillary & Support Services (ANSS)
Department:  Group Reporting & Finance Ops (40000102)

The Assistant Manager - Group Reporting supports the Finance Manager in the preparation of annual and monthly group consolidation of accounts, consolidated financial statements and the implementation of finance-related projects.


AREAS OF RESPONSIBILITIES

Group Reporting
•    Conduct monthly, budget and forecast group consolidation of accounts, ensuring accurate and timely preparation of consolidated financial statements. 
•    Review sub-group consolidation of accounts, including those involving foreign subsidiaries.
•    Prepare the annual statutory group consolidation of accounts, liaise with auditors and assist in managing the audit process for the Group.
•    Prepare monthly financial reports, including the analysis of financial trends and variances submitted by subsidiaries, highlighting any adverse movements. 
•    Prepare presentation materials for quarterly Board and Audit Committee meetings and submissions to relevant authorities.

 

Other and Ad Hoc duties

•    Supervise, review, and guide subordinate. 
•    Manage special projects and other reporting requirements as needed.


JOB SPECIFICATION

MINIMUM ACADEMIC/PROFESSIONAL QUALIFICATION
•    Degree in Accountancy or full / partial qualifications in ACCA / CPA.
•    Suitable for individuals with a “hands-on” approach, a “can-do” attitude, and a solution-oriented mindset.

 

RELATED EXPERIENCE
Minimum 3 years of experience in group financial accounting, auditing and consolidation, or prior experience in an accounting firm managing group audits.


COMPETENCIES (KNOWLEDGE, SKILLS & ABILITIES)

•    Expertise in group consolidation accounting, including handling multiple subsidiaries, currencies, and accounting standards. 
•    Knowledgeable of financial reporting standards (FRS, MPERS).
•    Strong written and verbal communication skills in English is crucial. The Assistant Manager will interact with various stakeholders, including auditors, subsidiaries and senior management.
•    Proficiency in Microsoft Office and ERP systems; familiarity with consolidation reporting tools is advantageous. 
•    Analytical and critical thinking, problem-solving and attention to detail. 
•    Ability to multitask, plan, prioritise and organise workload for timely report submissions. 
•    Initiative to report work progress, discrepancies and proposed solutions to superiors.


COMPETENCIES (BEHAVIOURAL)
•    Ability to work independently and as part of a team with minimal supervision.
•    Strong interpersonal skills with the ability to communicate effectively at all levels of the organisation. 
•    Positive working attitude, reliability, and accountability.
•    Self-starter with high initiative and a drive to excel.

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