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Open nowPosted 6 days ago

Senior Finance Executive | Retail Sector @ Somerset

MyCareersFuture94,028 open roles

Pay
SGD 4,500 – SGD 6,000 a month
Where
Central, Singapore
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Your applicationOpen nowSenior Finance Executive | Retail Sector @ SomersetMyCareersFuture · Central, Singapore

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The clock on this job

Early applications get read.

7.7% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 1.6%1 day
  2. 3.3%3 days
  3. 7.7%7 days
  4. 14.0%14 days
  5. 33.7%30 days
This job: posted 6 days ago

The posting

Job Description

We are seeking an experienced Senior Finance Executive to manage daily financial operations, manage accounts payable and receivable, assist with month-end and year-end closing, ensure compliance with statutory and tax regulations, and provide financial planning and analysis.

Key Responsibilities

Financial Operations & Reporting

  • Manage full sets of accounts, including General Ledger, Accounts Receivable (AR), and Accounts Payable (AP).
  • Assist in the preparation of monthly financial statements, P&L reports, balance sheets, and cash flow statements in compliance with accounting standards.
  • Support month-end and year-end closing processes, variance analysis, and audit schedules.

Cash Flow & Treasury Management

  • Monitor cash flow, handle bank reconciliations, and manage payment processing (including GIRO, wire transfers, and PayNow transactions).
  • Track and reconcile vendor invoices, corporate card expenses, and staff reimbursements.

Compliance & Tax Management

  • Ensure accurate and timely computation and filing of GST, corporate tax, and other statutory requirements.
  • Liaise with external auditors, tax agents, corporate secretarial vendors, and financial institutions as required.

Budgeting & Cost Control

  • Assist management in preparing annual budgets, forecasting, and tracking departmental expenses.
  • Monitor operating costs, overheads, and rental/lease commitments to identify cost-saving opportunities.

Process Improvement

  • Streamline finance workflows, implement internal control procedures, and adopt digital tools or accounting software upgrades to enhance operational efficiency.

Requirements

  • Degree in Accounting, Finance, or a related field.
  • 3–5 years of experience in accounting or finance management.
  • Strong knowledge of Singapore payroll, CPF, and MOM regulations (Infotech).
  • Experience managing audits and financial reporting.
  • Proficient in Excel and accounting software such as QuickBooks, Xero, MYOB, or equivalent.
  • Strong leadership, organisational, and communication skills.
  • High attention to detail and confidentiality.
  • Experience in the retail sector is preferred.
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