The posting
We are seeking a motivated, independent, and detail-oriented finance professional to join our Finance Division as a Principal Finance Executive on a 1-year temporary contract. The successful candidate will be responsible for independently managing day-to-day fixed assets accounting operations, ensuring the accuracy, completeness, and timely reporting of fixed assets in compliance with Statutory Board Financial Reporting Standards (SB-FRS).
Key Responsibilities
Fixed Assets Accounting & Management
- Manage asset capitalisation, transfers, disposals and reconciliations.
- Conduct month-end and year-end closing, maintain accurate asset records and resolve discrepancies.
- Support asset confirmation exercises and address audit queries.
Asset Capitalisation & Financial Reporting
- Review assets-under-construction (AUC) balances and capitalise completed contracts accurately and promptly.
- Validate asset costs and ensure compliance with SB-FRS and accounting policies.
- Work with project teams to resolve capitalisation issues and prepare financial reports and schedules.
Stakeholder Engagement & Advisory
- Advise stakeholders on fixed asset accounting treatments, asset classification and compliance with finance procedures.
- Guide stakeholders on fixed asset processes and follow up on outstanding transactions.
Requirements
- Degree in Accountancy or equivalent professional qualification.
- At least 3 years of relevant finance or accounting experience, preferably in fixed assets within the public sector or a large organisation.
- Good knowledge of accounting principles, SB-FRS, financial reporting and internal controls.
- Strong analytical, problem-solving and numerical skills, with attention to detail.
- Self-motivated, resourceful and able to work independently.
- Strong communication and stakeholder management skills.
- Proficient in Microsoft Office.
- Knowledge of AI tools, SAP, data analytics/visualisation and RPA is an advantage.



