Senior Finance Executive | Retail Sector @ Somerset

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.