As the Accounting Manager for Bio-Rad Singapore, you will be responsible for ensuring accurate and timely financial reporting, managing critical accounting operations, and maintaining compliance with tax regulations, local statutory reporting, and SOX audits.
In this role, you will lead all accounting functions, including financial closing, statutory reporting, and SOX compliance, while overseeing Order-to-Cash (OTC), Record-to-Report (RTR), Procure-to-Pay (PTP), revenue recognition, intercompany activities, fixed asset management, and capital expenditure (CAPEX). Additionally, you will manage a dedicated finance team, collaborate with regional stakeholders, and drive process improvements and financial accuracy to enhance operational efficiency.
How you will make an impact
- Lead Financial Reporting, Month-end & Year-end Close:
- Manage the monthly, quarterly and annual financial closing processes, ensuring timeliness and accuracy.
- Review and approve journal entries, account reconciliations, financial statements, and accruals.
- Conduct financial analysis and provide management insights.
- Ensure compliance with SOX, US GAAP, IFRS, local GAAP, and corporate financial guidelines for accurate financial reporting.
- Prepare management reporting packages, including M-Package, Q-Package, and Tax-Package.
- Manage Key Accounting Processes (RTR, OTC, Inter-company and PTP):
- Oversee general ledger maintenance, intercompany transactions, and balance sheet reconciliations.
- Ensure accurate intercompany billing and settlement processes for cross-border transactions.
- Support in compliance with transfer pricing policies and intercompany agreements.
- Manage the Record-to-Report (RTR) process, ensuring accurate general ledger maintenance.
- Oversee the OTC process, timely collections, and credit control.
- Ensure correct revenue recognition under company policies and accounting standards.
- Oversee Procure-to-Pay (PTP) operations, ensuring efficient vendor management, accurate invoice processing, and timely payment disbursement. Collaborate with procurement and finance teams to enhance cash flow management and strengthen supplier relationships.
- Manage Fixed Asset Management & Capital Expenditure (CAPEX)
- Manage fixed asset additions, disposals, and depreciation schedules in line with accounting standards.
- Oversee CAPEX budgeting, approvals, and financial tracking.
- Ensure proper documentation and compliance for capital investments and asset management.
- Oversee intercompany transactions and reconciliations with other Bio-Rad subsidiaries.
- Team Leadership & Operational Excellence
- Mentor and develop the accounting team through training and performance management.
- Foster a collaborative, high-performing team environment.
- Support cross-functional teams and regional finance leadership in strategic financial decision-making.
- Drive continuous improvement initiatives, streamlining financial processes and automation efforts.
- Participate in and lead ad-hoc projects to improve processes and efficiencies.
- Statutory Compliance & SOX Compliance:
- Prepare and submit local statutory reports in accordance with Singapore accounting standards
- Ensure compliance with local statutory financial reporting and tax filing requirements, including WHT and GST filings.
- Address auditor and tax consultant queries to ensure timely filing and compliance.
- Coordinate with external auditors, tax consultants, and regulatory authorities for audits and reporting.
- Strengthen internal controls and policies to maintain SOX compliance and corporate governance standards.
What you bring
- Recognized accountancy qualification (e.g., ICPAS) or a Bachelor’s degree in Accounting. Advanced certifications in accounting (CPA, ACCA) is highly preferred.
- Minimum of 8 years in accounting management, with experience in a manufacturing environment, is preferred.
- Strong understanding of US GAAP accounting principles, SOX audit processes, and working in multinational or complex organizational structures.
- Prior experience in multinational corporations (MNCs) or regional finance operations is highly preferred.
- Experience managing the full accounting cycle (RTR, OTC, PTP, Intercompany).
- Proficient in ERP system (SAP, Oracle), financial reconciliation tools (e.g Blackline, Cadency) and strong Excel skills.
- Strong leadership and communication skills, with experience and proven ability to guide and develop a team.
- Excellent problem-solving abilities and the capability to prioritize tasks in a fast-paced, deadline-driven environment.
- Strong organizational skills and the ability to work both independently and collaboratively.
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.
Benefits: Bio-Rad's biggest asset is our people, and this is the reason why our Total Rewards deliver programs that provide value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Our offerings serve to enrich the overall health, wealth, and wellbeing of our employees and their families through the various stages of an employee’s work and life cycle. We’re proud to offer comprehensive medical plans and insurance, wellness programs, extensive learning and development opportunities and more.
EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
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