Cheil Singapore

Senior Finance Executive

Posted: 23 hours ago

Job Description

Established in 1973 with headquarters in Seoul, South Korea, Cheil Worldwide is one of the world’s leading integrated marketing communications networks, with more than 7,200 employees globally in more than 54 offices in 46 countries.For more information, visit us at: www.cheil.com.We are inviting candidates for the position of:Senior Finance ExecutiveResponsibilities:Accounting & Financial ReportingManage full set of accounts, including journal entries, AP/AR entries, and bank reconciliations.Ensure absolute accuracy and timely recording of accounting transactions, management reports, and financial schedules.Coordinate monthly, quarterly, and annual closing activities, ensuring completeness of reporting deliverables.Prepare and review monthly reconciliation schedules for bank balances, payables, intercompany accounts, and other key financial items.Prepare and maintain accurate financial records in compliance with local accounting standards and company policies.Assist in financial consolidation and group reporting, where applicable.Prepare ad hoc financial reports related to budgets, expenses, payables, and receivables.Ensure completeness and accuracy of documentation required for external and internal audits.Taxation & ComplianceHandle corporate income tax computations, filing, and compliance with statutory regulations.Coordinate with external auditors, tax consultants and authorities to ensure proper monitoring of company finances and timely submission of statutory reports.Maintain up-to-date knowledge of local tax laws and regulations.Accounts Receivable / Accounts PayableOversee sales and cost of goods/services sold, ensuring accurate revenue and expense recognition for client projects and media campaigns.Prepare outgoing payables and provide timely payment advice to vendors.Process and verify employees’ monthly expense claims in accordance with company policies.Manage vendor balance reconciliation, follow up with internal stakeholders and external vendors to resolve discrepancies.Monitor AR aging and coordinate with stakeholders for collection follow-ups.Ensure timely billing, collections, and payment processing.Reconcile AR/AP balances and support cash flow management.Process & Policy ManagementUtilize SAP for all accounting and financial operations, ensuring data integrity and process efficiency.Identify opportunities for process improvements and system enhancements to enhance reporting efficiency.Review and improve standard operating procedures and financial policies to strengthen internal controls.Collaborate with other departments to discuss financial plans, share insights, and recommend future courses of action.Financial Planning & AnalysisManage the FP&A function, supporting budgeting, forecasting, and variance analysis.Provide financial advisory and analytical insights to operational and management teams.Assist in cost control, profitability analysis, and pricing support for new business pitches.Collaborate with internal departments to support financial planning and business decisions.Requirements:A Diploma/Degree in Accounting, Finance or other professional qualifications such as ACCA.Minimum 5 to 6 years of relevant experience in accounting and tax functions, preferably in the advertising, media, or marketing services industry.Exposure to financial consolidation, FP&A and group reporting is a plus.Experience working for MNCs with dynamic ERP system.Strong knowledge of local and international accounting standards, law & regulations, financial statements, corporate income tax, sales and cost accounting, AR/AP processes.Proficiency in SAP is required.Strong analytical skills, attention to detail, and ability to meet tight deadlines.Excellent communication and interpersonal skills.Proficiency in Microsoft Excel; experience with reporting tools is a plus.Experience in advertising business or service industry is preferred.

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