About Us
Headquartered in Singapore, SATS Ltd. is one of the world’s largest providers of air cargo handling services and Asia’s leading airline caterer. SATS Gateway Services provides airfreight and ground handling services including passenger services, ramp and baggage handling, aviation security services, aircraft cleaning and aviation laundry. SATS Food Solutions serves airlines and institutions, and operates central kitchens with large-scale food production and distribution capabilities for a wide range of cuisines.
SATS is present in the Asia-Pacific, the Americas, Europe, the Middle East and Africa, powering an interconnected world of trade, travel and taste. Following the acquisition of Worldwide Flight Services (WFS) in 2023, the combined SATS and WFS network operates over 225 stations in 27 countries. These cover trade routes responsible for more than 50% of global air cargo volume. SATS has been listed on the Singapore Exchange since May 2000. For more information, please visit www.sats.com.sg
Why Join Us
At SATS, people are our greatest asset and we build our success on the knowledge, expertise and performance of every contributor, by embracing diversity and uniqueness. As part of our holistic approach and commitment to embracing FAM (Fulfilling, Appreciated, Meaningful) in the workplace, we offer the runway to develop Fulfilling careers that foster your career growth, recognising and Appreciating the strength of talent and capabilities that we continue to build internally; and inspiring and encouraging each other to make Meaningful contributions in the work we do at SATS.
Key Responsibilities
The Manager is responsible for overseeing the financial close and general ledger accounting activities of the Singapore entities in partnership with the outsourced managed service provider. The role ensures the accuracy, completeness, and timeliness of financial reporting, statutory compliance, tax filings, and tax accounting.
As a member of the Group & Statutory Reporting team, the Manager serves as the subject matter expert on tax accounting matters, providing guidance and technical support to subsidiaries and joint ventures while ensuring compliance with IFRS, and provides support in the Group Financial Reporting process.
General Ledger
- Partner closely with the outsourced managed services team to oversee the month-end close processes for the Singapore incorporated entities.
- Review and approve journal entries, balance sheet reconciliations, accruals, provisions, and other general ledger transactions prepared by the outsourced team.
- Monitor key close activities and drive timely resolution of accounting issues and outstanding items.
- Partner with Finance Business Partners to review monthly financial results, analyse key variances against prior periods, and provide accounting insights to ensure the accuracy, completeness, and integrity of reported financial performance.
- Review and approve the monthly, quarterly, and annual financial reporting packages prepared in accordance with the group policy through OneStream.
- Prepare/review the statutory financial statements in compliance with Singapore Financial Reporting Standards (International) and Companies Act requirements.
- Liaise with external auditors and coordinate audit requests to ensure timely completion of statutory audits.
- Prepare/review the annual corporate income tax filings with Group Tax and external tax advisors.
- Manage tax provision calculations, deferred tax accounting, and tax disclosures in accordance with SFRS(I).
- Drive process improvements and standardization initiatives, strengthen governance, controls, and documentation within the shared services operating model. Participate in finance transformation initiatives, system implementations, and automation projects where applicable.
Group and Statutory Reporting
- Act as the Group's subject matter expert on tax accounting matters under IFRS, including IAS 12 and related interpretations.
- Review and provide guidance on current tax and deferred tax accounting for subsidiaries, associates and joint ventures across the Group, working closely with Group Tax and external tax consultants.
- Ensure consistency in the application of tax accounting policies and interpretations throughout the Group.
- Review tax accounting positions arising from acquisitions, business restructurings, impairments, fair value adjustments, and other significant transactions.
- Support the Group month end closing process including preparation of group consolidated financial statements, SGX announcement and other ad hoc reporting requirements.
Key Requirements
- Bachelor’s Degree in Accountancy, Finance, or equivalent professional qualification (e.g., CA, CPA, ACCA).
- Minimum of 8-10 years of relevant experience in financial reporting. Audit background from Big 4 or mid-tier firm is highly advantageous.
- Strong working knowledge of Singapore Financial Reporting Standards (SFRS(I) / IFRS, particularly IAS 12 Income Tax
- Experience working with shared services or outsourced accounting environments is preferred.
- Experience with enterprise performance management systems, with hands-on experience with OneStream is a strong plus.
- Excellent analytical, communication, and stakeholder management skills to partner effectively across business units, external auditors, and advisors.