Financial Accountant Financial Accountant …

Schroders Investment Management
in Singapore
Permanent, Full time
Last application, 28 Nov 21
Schroders Investment Management
in Singapore
Permanent, Full time
Last application, 28 Nov 21
Posted by:
Bien Law • Experienced Recruiter
Schroders Investment Management
Posted by:
Bien Law
Experienced Recruiter
Financial Accountant
The Singapore Finance department is the regional finance hub for Schroders' Asia business. We are a professional and strong binding team with close working relationship. You would feel the positive momentum with other team members. The Singapore Finance department is responsible for:
  1. Financial Control: Preparing annual accounts, reviewing the month end financial close, preparing tax and indirect tax returns, preparing regulatory returns, liaising with external advisors (auditor, tax consultants); managing cashflow and liquidity of the businesses;
  2. Finance Operations: accounts payable, accounts receivable, performing the month end financial close, balance sheet reconciliations; and
  3. Management Reporting: Providing monthly analysis of business performance, responding to ad-hoc analysis requests and preparing the annual budget.

Overview of role

We are looking for a Finance professional who has a genuine interest in and curiosity about the Asset Management Industry. The successful candidate will be dynamic, independent and keen to learn. He/she should be able to interact well with team members and stakeholders. In addition, he/she should be able to multi-task effectively. This position will report to the Financial Controller.

The key responsibilities of the role are:

Corporate development related activities
  • Candidate will be part of a multi-functional team to review the business plan, financial forecasts and capital requirements of a new subsidiary and be involved in the set-up of this new subsidiary from a Finance perspective. These include coordinating the Oracle and related set-up, capital injection and internal and external regulatory reporting requirements.
  • Support the financial model review of potential JVs, merger and acquisition transactions and the related Finance due diligence

Financial Control and Analysis for the new subsidiary/other Schroders entities:
  • Ensuring that financial and management reporting deliverables are completed accurately and promptly;
  • Ensuring that operational processes assigned to them are completed accurately and promptly; and
  • For finance project tasks that have been assigned complete the deliverables on time to expectations.
  • Financial Control and Financial/ Statutory Reporting/ Regulatory Reporting
  • Performing month end financial closing, including liaising with other locational finance hubs
  • Preparing financial statements and supporting the annual statutory audit
  • Perform monthly account reconciliations and monitor general ledger transactions
  • Maintaining documentation of finance processes in line with the Risk Control Assessment
  • Preparing monthly regulatory returns and various surveys required by local authorities
  • Prepare cashflow and capital projections of the business and facilitate the interco-loan and fixed deposits placements
  • Tax filing and compliance to local tax regulator and group tax reporting

• Transactional Processing
  • Accounts Payable, Costing, Accounts Receivable and Cash processes; and
  • Ensuring that Group controls around accounts payable and costing are implemented

• Management Reporting
  • Assist in preparing of monthly / quarterly / ad-hoc reporting for management
  • Work with the Asia Pacific Finance team to ensure accuracy and integrity of financial information in support of overall business objectives

• Group Reporting
  • Assisting in the monthly, quarterly, interim and year end financial disclosures to Group
  • Assisting in the delivery of the regulatory returns for assigned entities within the regulatory deadlines

• Assist in ad-hoc projects
  • Involved in various finance projects and initiatives
  • Support business initiatives where finance participation is required

  • Degree in accounting, business, or economics from an accredited institution
  • CPA or ACCA qualifications (or equivalent)
  • At least 5 years of relevant experience in financial control and/or management reporting
  • Highly proficient in MS Office suite, most particularly Excel

Desirable Skills
  • Relevant industry experience in asset management / financial institution
  • Audit and project management experience would be an advantage
  • Experience in the use of a corporate accounting system (e.g. Oracle, SAP)
  • Good written and spoken English

  • Strong analytical skills with high affinity with numbers
  • Strong written and verbal communication skills
  • Ability to work on multiple deliverables concurrently
  • Ability to work independently as well as in a team
  • High level of integrity

Schroders is an equal opportunities employer and welcomes applications regardless of sex, marital status, ethnic origin, sexual orientation, religious belief or age.


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