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Senior Executive, Financial Accounting

We are looking for a meticulous and experienced finance professional to provide operational support to Financial Accounting and Treasury Teams. This role supports month-end and year-end closing, fund transfers, audit processes, and cash flow projections while ensuring accuracy and compliance. Proficiency in SAP, Microsoft Office and multitasking skills would be required.

Key Responsibilities:

Financial Reporting & Closing Activities:

  • Support month-end, quarter-end, and year-end closing processes by retrieving Net Asset Value (NAV) statements, distribution, and redemption notices for various investment funds.

  • Prepare NAV tables for monthly evaluation runs and update the Pooled Vehicle record with units and unit prices.

 Fund Transfers & Transaction Processing:

  • Prepare fund transfers for capital calls, endowment distributions, sustainability loan bond interest distributions, as well as quarterly and monthly repayments between investment funds and the Working Capital Fund (WCF).

  • Generate weekly capital call payment lists for NSS Accounts Payable and weekly distribution and redemption lists for NSS Accounts Receivable to issue receipts.

Administrative & Operational Support:

  • Assist in the creation of new Profit Centres (PCs) by preparing PC Creation Forms and processing new vendor requests via ServiceNow.

  • Track and update cash flow projections for building maintenance expenditures related to development and sinking funds.

  • Generate SAP monthly sinking fund expense reports for OCH/OCAS and coordinate with ODFM to ensure supporting documents are provided for payment transactions in Ariba.

Treasury & Investment Fund Administration:

  • Support Treasury in data extraction, tracking and reporting for various investment funds, including T-bills, Fullerton Cash Fund, and Working Capital Funds.

  • Assist with update of reports, cash flow projections.

Ad Hoc Support:

  • Assist with additional financial and administrative tasks as required.

Requirements:

  • Diploma or Degree in Accounting, Finance, or Business Management.

  • Strong communication skills to work with different stakeholders.

  • Proficiency in financial systems such as SAP or similar ERP systems for financial reporting.

  • Proficiency in Microsoft Office such as Excel and Power Point.

  • Pro-active, self-motivated, able to work independently and in a team.

  • Able to manage deadlines and priorities.

We are an equal opportunity employer and welcome applications from all qualified individuals.

We regret that only shortlisted candidates will be notified.

Hiring Institution: NTU

What You Should Know About Senior Executive, Financial Accounting, NTU

At NTU, we're on the lookout for a detail-oriented and seasoned Senior Executive for Financial Accounting who is ready to make a splash! As part of our dynamic Finance Team, you'll dive into month-end and year-end closing activities, fund transfers, and much more. Your expertise is invaluable as you ensure that every transaction is accurate and compliant. If you thrive in a fast-paced environment while juggling multiple tasks, this opportunity is perfect for you! You'll be maintaining critical reports, preparing NAV tables, and tracking cash flow projections, all while using SAP and Microsoft Office to streamline processes. With your strong communication skills, you'll collaborate with various stakeholders, making sure that both the Treasury and Financial Accounting teams have quality insights. So, if you're ready to bring your passion for finance to NTU and help us navigate through our operational endeavors, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Executive, Financial Accounting Role at NTU
What are the primary responsibilities of a Senior Executive, Financial Accounting at NTU?

As a Senior Executive in Financial Accounting at NTU, your main responsibilities include overseeing month-end, quarter-end, and year-end closing activities, preparing fund transfers for various investment funds, and generating critical financial reports. You will also coordinate cash flow projections and administrative tasks, ensuring accuracy in financial documentation and compliance with all regulations.

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What qualifications are required to become a Senior Executive, Financial Accounting at NTU?

To qualify for the Senior Executive, Financial Accounting position at NTU, candidates should hold a Diploma or Degree in Accounting, Finance, or Business Management. Additionally, proficiency in SAP or similar ERP systems and strong communication skills are essential for effectively collaborating with different stakeholders and managing financial reports.

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How does the Senior Executive, Financial Accounting role at NTU contribute to financial compliance?

The Senior Executive, Financial Accounting plays a crucial role in ensuring financial compliance at NTU by meticulously supporting audit processes, generating accurate financial reports, and maintaining up-to-date records for fund transfers and cash flow projections. Your attention to detail will help safeguard the institution’s financial integrity.

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What systems should a Senior Executive, Financial Accounting at NTU be proficient in?

A successful Senior Executive, Financial Accounting at NTU should be proficient in SAP or similar ERP systems, particularly for financial reporting, as well as Microsoft Office tools like Excel. Mastery of these systems will enhance your efficiency when managing reports and performing complex financial analyses.

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What skills are essential for the Senior Executive, Financial Accounting position at NTU?

Key skills for the Senior Executive, Financial Accounting at NTU include strong analytical abilities, excellent communication skills for collaboration with various teams, and proficiency in financial systems like SAP or Excel. Additionally, being proactive, self-motivated, and capable of managing deadlines will contribute to your success in this role.

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Common Interview Questions for Senior Executive, Financial Accounting
How do you ensure accuracy in financial reports?

To ensure accuracy in financial reports, I implement thorough review processes, cross-check figures with source documents, and maintain organized records. I also utilize financial systems like SAP to automate checks and balances, which helps minimize errors.

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Can you describe your experience with month-end closing processes?

In my previous roles, I have managed month-end closing processes by preparing required documents such as NAV statements, ensuring all entries are completed promptly, and facilitating timely reconciliations. This experience has equipped me with a robust understanding of the timeline and priorities involved.

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How do you handle tight deadlines during the financial reporting period?

During tight deadlines, I prioritize tasks based on urgency and importance. Effective planning and clear communication with my team also help ensure we stay on track. I find that breaking larger tasks into manageable pieces reduces overwhelm and allows for steady progress.

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What strategies do you employ for reviewing financial data?

I employ a systematic approach to reviewing financial data, starting with a thorough check of the inputs for accuracy, followed by comparative analysis against historical data to identify anomalies. This helps ensure the integrity of my reports.

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Describe a time when you improved a financial process.

In my last role, I streamlined the fund transfer process by integrating an automated system that reduced processing time and minimized errors. By training the team to adapt to this new system, we improved our efficiency significantly.

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How do you stay updated on financial regulations?

I stay updated on financial regulations by subscribing to relevant industry publications, attending workshops, and networking with professionals in the field. Continuous learning is essential for compliance, especially in a role like Senior Executive, Financial Accounting at NTU.

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Tell me about your experience with SAP.

I have extensive experience using SAP for financial reporting, including setting up reports, extracting data for analysis, and ensuring accurate record-keeping. My proficiency helps me efficiently manage financial transactions and adhere to compliance standards.

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How do you prioritize your tasks in financial accounting?

I prioritize tasks by assessing their urgency and impact on the overall financial closing process. Creating a checklist and setting clear deadlines allows me to focus on high-priority items first without losing sight of the bigger picture.

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How do you collaborate with other departments in your financial role?

Collaboration is key in financial roles. I regularly coordinate with different departments to gather necessary information and ensure smooth fund transfers. Building strong relationships helps facilitate communication and keeps everyone aligned.

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What do you consider to be the biggest challenge in financial accounting?

One of the biggest challenges in financial accounting is keeping up with evolving regulations and ensuring compliance while managing tight deadlines. To overcome this, I focus on staying informed and flexible in adapting our processes as needed.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 17, 2025

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