Associate, Global Accounting and Operations (1-year contract)
Singapore, SG
GIC is one of the world’s largest sovereign wealth funds. With over 2,000 employees across 11 offices around the world, we invest in more than 40 countries globally across asset classes and businesses. Working at GIC gives you exposure to an extraordinary network of the world’s industry leaders. As a leading global long-term investor, we Work at the Point of Impact for Singapore’s financial future, and the communities we invest in worldwide.
Finance Department
We manage the financial needs of the GIC Group for ongoing business needs and building of new capabilities and capacity.
What impact can you make in this role?
You will be part of a team that provides financial management services across the GIC group.
We are looking for a suitable candidate to join Global Accounting and Operations with the Finance Department. As a member of the Finance team, your responsibility includes maintaining full set of accounts of the corporate legal entities to ensure compliance with in-country statutory and corporate tax regulations, perform fixed assets accounting and accounts payable functions.
What will you do as an Associate in the Finance Department?
Accounting & Reporting
- Responsible for the month-end close accounting and reporting activities that involves balance sheet review, intercompany settlement, analysis of accounting schedules, preparation of accounting transactions and reporting packages.
- Work with both internal and external stakeholders that includes auditors, tax and accounting advisors.
- Prepare statutory financial statements, trial balances and accounting schedules in accordance with relevant statutory requirements. Prepare external reporting requirements that includes in-country direct and indirect tax and statutory filings.
- Perform analysis on the financial statements and address queries from internal and external stakeholders that includes auditors and authorities.
- Lead initiatives to design, transform and innovate operational processes to meet business requirements.
- Assist in ad-hoc projects to meet new accounting and business requirements
Capital Asset Planning & Analysis
- Responsible for the month-end close accounting and reporting activities for fixed assets operations, including handling fixed assets additions, disposals and schedules preparation.
- Perform analysis on fixed assets and address queries from auditors and authorities.
- Assist in the review and reconciliation of accounts related to IFRS16 Lease Accounting.
Accounts Payables
- Process vendor invoices for payment.
- Perform vendor creation, maintenance and callbacks.
- Raise invoices for reimbursements of expenses.
- Support and work closely with business users, vendors and banks to resolve queries on staff claims, vendor invoices and payments.
- Support delivery of process improvements and perform user testing for new initiatives.
What qualifications or skills should you possess in this role?
- Bachelor’s degree in Accounting/Finance or equivalent professional qualification and 5 to 8 years relevant working experience in an accounting function and accounts payable function
- Experience in financial reporting for legal entities, local tax regulations and managing an external audit
- Good understanding and technical application of accounting standards
- A strong team player with excellent interpersonal, communication and analytical skills, who is keen to learn and pick up new challenges in a dynamic and fast paced environment
- Driven self-starter, with strong initiative, who is hands-on and comfortable to manage multiple tasks, resourceful and able to work collaboratively with different stakeholders, and can work independently to deliver outcomes
- Communicates in a clear, succinct, organised and convincing manner verbally and in writing
- Excellent attention to detail and the ability to prioritize and deliver in a fast-paced environment
- Proficient in Microsoft Office applications and have practical working experience with accounting software systems (SAP experience is preferred)
Work at the Point of Impact
We need to be forward-looking to attract the right people to help us become the Leading Global Long-term Investor. Join our ambitious, agile, and diverse teams - be empowered to push boundaries and pursue innovative ideas, share your views, and be heard. Be anchored on our PRIME Values: Prudence, Respect, Integrity, Merit and Excellence, which guides us in how we make our day-to-day decisions. We strive to inspire. To make an impact.
Flexibility at GIC
At GIC, our offices are vibrant hubs for ideation, professional growth, and interpersonal connection. At the same time, we believe that flexibility allows us to do our best work and be our best selves. Thus, our teams come into the office four days per week to harness the benefits of in-person collaboration, but have the flexibility to choose which days they work from home and adjust this arrangement as situational needs arise.
GIC is an equal opportunity employer
GIC is an equal opportunity employer, and we value diversity. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Learn more about our Finance Department here:
https://gic.careers/group/finance-department/