Financial Accountant - Orchard, Singapore - The Body Shop International Limited

The Body Shop International Limited
The Body Shop International Limited
Verified Company
Orchard, Singapore

1 week ago

Wei Jie

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Wei Jie

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Description

The Body Shop:

When Anita Roddick founded The Body Shop in 1976, she had a vision. Business as a force for good - that's us. Over 40 years later, we're proud to be pioneering cruelty-free beauty every step of the way. We're the original ethical beauty brand. We've got a thing for empowering people and enriching our planet. We're all about keeping it real, in every way possible.

Our activist roots remain a huge part of everything we do, from our iconic window posters to our vegetarian products to our infamous campaigns.

We're never afraid to stand up and speak the truth. We like to do things a little differently around here.


The Body Shop, along with Aesop and Natura, is part of Natura & Co, a global, multi-channel and multi-brand cosmetics group that is committed to generating positive economic, social and environmental impact.

Group owner Natura is Brazil's number one cosmetics manufacturer. Sustainable development has been the company's guiding principle since it was founded in 1969. In fact, this is an incredibly exciting time for The Body Shop. We're fighting for what we believe in now more than ever. No holding back.

Breaking the mould has always come naturally to us, and we need someone who's not afraid to mix things up.


Your role in a nutshell:


  • Responsible for overseeing and preparation of financial records, ensuring the accuracy, timeliness and compliance to TBS chart of accounts and IFRS
  • Responsible for all statutory reporting and submission

More about the role:


Financial Closing

  • Ensure timely, accurate monthend closing and financial reporting to Management:
  • Profit and Loss
  • Balance sheet (all local requirements, excluding globally managed accounts)
  • Cashflow
  • Management reports
  • Responsible for preparation and closing of monthly and annual financial statements
  • Responsible for accounting processes and tasks:


  • AR

  • aging review, reconciliation etc.
  • AP accuracy of payment details, aging of GRNI, Open POs


  • GL

  • Chart of accounts maintenance
  • Ensure respect of Group standards (Finance, Accounting, Controlling and Tax) in line with legislation and best practice of internal and external audit
  • Coordinate and liaise with internal parties to support intercompany activities

Statutory Reporting and submission

  • Preparation of documents for biannual external audit, turnover and donation audits
  • Preparation of information for tax computation and filing
  • Provide expertise on accounting requirements under local GAAP and IFRS
  • Prepare statutory reports (statistics and surveys) for submission to the relevant authorities
  • Provide finance support on inventory counts and postings
  • Provide support to Global and liase with external audit and government agencies to ensure that all statutory reports and statements are completed accurately and on time to relevant authorities

Budgeting

  • Support forecasting and budgeting exercise in particular on IFRS 16 treatment and adjustment
  • Validation of GL accounts, in accordance to latest chart of accounts description
  • Support on CAPEX planning, working in close collaboration with key stakeholders (Retails Operations, IT, etc.)

Governance and Controls

  • Ensure AP and AR processes and controls are sound and in accordance to TBS policy and SOX requirements
  • Maintenance of PO approval matrix
  • Manage transactional staff, provision of support and guidance
  • Provide support to Global on query resolution and support on management and Magnitude reporting

Business Partnering

  • Responsible for queries raised on accounting records, payment and receipt status
  • Close collaboration with Ecomm account manager in tracking of AR or AP updates
  • Assist in new processes and system implementation when required

Working Relationships & Interfaces (where applicable):


  • Internal
  • Financial Planning Analyst
  • Group Finance
  • APAC Finance team
  • Transactional staff
  • Operation staffs

External

  • Auditors
  • Tax advisors
  • Landlords

What we look for:


Experience:


  • Fiscal reporting in a local retail environment

Qualifications:


  • Local accounting qualification
  • Minimum of 5 years experience of working within a finance department;
  • Good knowledge of Microsoft core programs including excel, word, power point including pivot tables and databases

Technical & Professional:


  • Understanding of international accounting practices and standards
  • Working knowledge of SAP and some POS systems

Competencies:


  • Self motivated
  • Works well under pressure
  • Ability to multi task
  • Cultural flexibility
  • Understanding of cross functional dynamics of a retail business
  • Good communication skills

Talent Drivers:


  • Leadership
  • Purpose
  • Collaborative Skills
  • Commerciality
  • Personal Conduct
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