Overheads Accountant (Fixed Term Contract)

Total Energies
Context & Environment
• Jobholder to assist in ensuring TTA's accounting and reporting meets the requirements and in compliance with the regulations that it is subjected to
• The role operates in a high-pressure environment with critical deadlines, particularly during month-end, quarter-end, and year-end closing periods
• Collaboration with very diverse international teams locally and stakeholders based abroad
• Access to confidential information
• Complex reporting structures with strict deadlines
Activities
Job Dimension
Responsible for the accounting and reporting of general administrative costs for entities under T&S (TTA and CSSS) in the Singapore office.
Activities
Overhead Accounting & Reporting
• Maintain accurate records of all general administration expenses and ensure timely posting to the general ledger
• Monitor and update cost allocation ratios to ensure proper distribution across business segments and trading books
• Record and justify accruals for general administration costs, conduct periodic reviews and follow-ups with relevant departments
• Prepare regular reports and presentations on overhead expenditures, including variance analysis against budget and historical data
• Investigate and explain significant variances to management
• Support monthly full-set accounts with accurate financial records
Financial Closing and Compliance
• Ensure timely and accurate completion of monthly, quarterly, and annual closings
• Comply with regulatory and accounting standards, including SOX, IFRS/FRS, and local tax regulations
Intercompany Recharges & Reconciliations
• Manage intercompany recharges process, including issuance of invoices and debit/credit notes
• Ensure accuracy and timeliness of intercompany charges across group affiliates
• Reconcile monthly, quarterly, and annual inter-company transactions between the Singapore office and affiliate entities
Tax Compliance
• Prepare tax computations and liaise with tax agents. Handle tax queries and keep abreast of updates/changes in tax regulations
• Provide necessary schedules for Estimated Chargeable Income and final tax filings
• Ensure complete recording of GST and Withholding tax related to general administration expenses
• Prepare and submit quarterly GST returns to the Inland Revenue Authority of Singapore (IRAS)
• Ensure compliance with Global Trader Programme (GTP) requirements in annual tax computations
Budgeting & Forecasting
• Participate in the budgeting process for overhead expenses based on historical trends, market conditions, business objectives, and departmental input
Audit Support
• Support internal and external audits by providing necessary documentation and explanations related to overhead expenses
Regulatory Reporting
• Prepare and submit surveys to government authorities (e.g., Department of Statistics, Enterprise Singapore, Monetary Authority of Singapore) within specified deadlines
Stakeholder Collaboration
• Liaise with internal departments to ensure efficient daily operations
• Communicate with other local and overseas offices for financial reporting collaboration
• Coordinate with external parties such as tax advisors for compliance and advisory matters
Process Improvement & Ad-hoc tasks
• Propose and collaborate on process enhancements with IT and other teams
• Assist in ad hoc financial analysis and special projects as required by management
Candidate Profile
Education and Work Experience
Essential Qualities
Additional Information
TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.
Apply
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• Jobholder to assist in ensuring TTA's accounting and reporting meets the requirements and in compliance with the regulations that it is subjected to
• The role operates in a high-pressure environment with critical deadlines, particularly during month-end, quarter-end, and year-end closing periods
• Collaboration with very diverse international teams locally and stakeholders based abroad
• Access to confidential information
• Complex reporting structures with strict deadlines
Activities
Job Dimension
Responsible for the accounting and reporting of general administrative costs for entities under T&S (TTA and CSSS) in the Singapore office.
Activities
Overhead Accounting & Reporting
• Maintain accurate records of all general administration expenses and ensure timely posting to the general ledger
• Monitor and update cost allocation ratios to ensure proper distribution across business segments and trading books
• Record and justify accruals for general administration costs, conduct periodic reviews and follow-ups with relevant departments
• Prepare regular reports and presentations on overhead expenditures, including variance analysis against budget and historical data
• Investigate and explain significant variances to management
• Support monthly full-set accounts with accurate financial records
Financial Closing and Compliance
• Ensure timely and accurate completion of monthly, quarterly, and annual closings
• Comply with regulatory and accounting standards, including SOX, IFRS/FRS, and local tax regulations
Intercompany Recharges & Reconciliations
• Manage intercompany recharges process, including issuance of invoices and debit/credit notes
• Ensure accuracy and timeliness of intercompany charges across group affiliates
• Reconcile monthly, quarterly, and annual inter-company transactions between the Singapore office and affiliate entities
Tax Compliance
• Prepare tax computations and liaise with tax agents. Handle tax queries and keep abreast of updates/changes in tax regulations
• Provide necessary schedules for Estimated Chargeable Income and final tax filings
• Ensure complete recording of GST and Withholding tax related to general administration expenses
• Prepare and submit quarterly GST returns to the Inland Revenue Authority of Singapore (IRAS)
• Ensure compliance with Global Trader Programme (GTP) requirements in annual tax computations
Budgeting & Forecasting
• Participate in the budgeting process for overhead expenses based on historical trends, market conditions, business objectives, and departmental input
Audit Support
• Support internal and external audits by providing necessary documentation and explanations related to overhead expenses
Regulatory Reporting
• Prepare and submit surveys to government authorities (e.g., Department of Statistics, Enterprise Singapore, Monetary Authority of Singapore) within specified deadlines
Stakeholder Collaboration
• Liaise with internal departments to ensure efficient daily operations
• Communicate with other local and overseas offices for financial reporting collaboration
• Coordinate with external parties such as tax advisors for compliance and advisory matters
Process Improvement & Ad-hoc tasks
• Propose and collaborate on process enhancements with IT and other teams
• Assist in ad hoc financial analysis and special projects as required by management
Candidate Profile
Education and Work Experience
- Bachelor's Degree in Accountancy or Equivalent (Bac + 3) with recognised professional accountancy qualification (e.g., Chartered Accountant or ACCA membership)
- Minimum 2 years of experience managing full-set financial records
- Proficient in MS tools (Power BI, Power Query)
- Knowledge of SQL and Python is a plus
- Strong proficiency in Excel and VBA is essential
Essential Qualities
- Ability to manage stress and multitask in a fast-paced environment
- Meticulous, detail-oriented responsible, efficient
- Team player. Strong communication skills and ability to work independently and collaboratively. Strong command of English language
- Demonstrates a digital mindset and willingness to acquire new digital skills
Additional Information
TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.
Apply
- X
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JOB SUMMARY
Overheads Accountant (Fixed Term Contract)

Total Energies
Singapore
7 days ago
N/A
Full-time
Overheads Accountant (Fixed Term Contract)