Accountant

at  TP ICAP

The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
The Group operates from more than 60 offices in 27 countries. We are 5,300 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
Role Responsibilities:
Responsible for Business Analysis, Cost Accounting, Payroll, Management Reporting, Regulatory Reporting and Financial Management Reporting.
1) Revenue/Costs Management Accounting

• Process month- end revenue and cost-associated journals to facilitate smooth month end close on a timely and accurate manner including bonus computation

• Ensure monthly revenue reconciliation from General Ledger to source systems

• Prepare cost accrual and check cost allocation to front offices
• Review and approve month-end accounting schedules including Balance Sheet, bank reconciliations etc and ensure unreconciling items are resolved timely
• Perform intercompany reconciliation monthly and promptly, with an aim to minimise or eliminate mismatches and to enable settlement regularly
• Prepare monthly recharges for expenses paid on behalf by related companies

2) Intercompany/Costs Management Accounting

• Process month-end cost-associated journals to facilitate smooth month end close on a timely and accurate manner
• Prepare cost accrual and check cost allocation to front and back offices across APAC
• Complete month-end accounting schedules including Balance Sheet and Bank reconciliations promptly, with unreconciling items resolved timely
• Perform intercompany reconciliation monthly and promptly, with an aim to minimise or eliminate mismatches and to enable settlement regularly
• Prepare monthly recharges for expenses paid on behalf by related companies

3) Management Reporting/Forecast, Planning & Analysis

• Prepare monthly Management and Business Analysis reports, and provide support for business partnering requests on a prompt and active manner to the Businesses
• Prepare daily brokerage reporting to CEO, MDs and Desk Heads, and monthly brokers’ performance reporting
• Analyse monthly Profit & Loss performance and comment on variances
• Prepare and submit balance sheet account analysis and financial reports to Regional Finance and Group Finance on a timely basis
• Update quarterly forecast and annual budget financials in accordance to the assumptions and to meet Group Finance datelines

4) Statutory Accounting/Corporate Tax and Value-Added-Tax Filing

• Prepare yearly statutory accounts and audit disclosure notes for the Business Entities in charge
• Liaise with the auditors and attend to their queries to meet audit, regulatory Tax and ACRA filing timeline
• Prepare monthly Corporate Tax provision
• Liaise with Tax Agent to provide requisite data for Corporate Tax Filing and Tax Authority’s queries, and ensure timely submission to the Tax Authority
• Prepare and submit regulatory reports of Sg entities on time and accurately

5) Payroll

• Review and validate payroll schedules from external payroll service provider
• Perform reconciliation, prepare payroll
• Perform bonus calculations and accruals

6) Risk Control

• Ensure financial controls and risk controls procedures are being complied with at all times, this includes Balance Sheet and Payroll Reconciliation, Risk Metrics Reporting, updating accounting manual and procedural notes especially for Key End User Computing files, cross training, etc

7) Project/Others

• Participate in system and other projects where required and to contribute actively with an aim to roll out deliverables on time and successfully
• Identify, recommend and implement measures to improve workflow/internal control processes

Requirements:

Knowledge

• Experience in handling full sets of accounts
• Possesses good initiative and independent working attitude, meticulous
• Good team player
• Flexible and adaptable to a fast changing environment
• Effective communication skills, with good interpersonal skills

Skills

• Proficient in Microsoft applications software Excel
• Strong appreciation of data reconciliations
• Strong mindset of controls
• Good knowledge of Corporate and Goods & Services Tax will be bonus point
• Experience with Oracle will be a plus point

Client Focused

• Personable and engaging
• Communicates effectively and efficiently to internal and external stakeholders
• Build relationships and networks with both internally and externally wherever possible
• Demonstrates strong customer focus
• Demonstrates ability to work effectively with others
• Constructively handles disagreements to reach a resolution
• Ability to work with diverse groups/ personalities

Innovative

• Open to innovative ideas/ experiences and ability to create new ideas, approaches or insights
• Seeks opportunities for improvements
• Handles situations and problems with innovation and creativity

Open & Communicative

• Adapts communication style to suit audience
• Projects personal credibility
• Interacts confidently without being overbearing

Professional Integrity

• Able to demonstrate honesty, integrity and professionalism
• Promotes loyalty to TP ICAP and its principles
• Works ethically and shows respect for both professional and company values

Effective

• Excellent attention to detail, highly organised with a proactive approach
• Strong analytical ability and problem solving skills

Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn’t align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don’t hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That’s why we’re building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
Singapore - 50 Raffles Place - Singapor

Please refer the Job description for details