At Air Products, we reimagine what’s possible. By tapping into the motivation of our people and our collective experience, we create the ideas and innovations that drive us forward. When we come together – where every voice is heard and everyone knows they belong and matter – we create solutions that launch people into space, support lifesaving care in hospitals, and enable the construction of groundbreaking, world scale production facilities.
Reimagine What’s Possible
Description Responsibility
This position is mainly focus on local GAAP statutory and tax related matters for SEA. For further details, please refers to the following task description.
Professional experience and education
- The incumbent should possess a degree in accounting and finance with at least 3-5 years experience.
- The individual should also exhibit strong interpersonal and communication skills, independent initiative, planning and organizing skills, and should have a proven ability to solve problems. Strong conceptual and analytical skills are also required.
- This position requires the incumbent to have a thorough understanding of banking payment process, local tax regulations, audit process and ability to interact with senior management, external auditors, tax authority and other agencies.
- Knowledge of Accounting Application Skills especially SAP and ability to quickly learn is also required.
Knowledge requirements
IFRS Accounting Standard, US GAAP (preferably) and Taxation (SEA).
Language requirements
English – Mandatory
Tasks Description
- Monthly Local GAAP analytical review and reconciliation with any adjustments deemed necessary.
- Co-ordination and drafting Financial Statement to external auditor
- Certification reconciliation with preparer role for local GAAP.
Liaise with Company Corporate Secretary on all Directors' Resolution and minutes of meeting required for all statutory reporting. - Preparation and online XBRL statutory/ACRA/Annual Return filing within the stipulated due date.
- Statutory Surveys to Government Bodies.
- Review and approval for all Cost Statement to apply for tax tariff grants on exports for customers and all other Customs related matters.
- Statutory reporting by Government Agencies Provide financial information to the surveys from various local statutory and government agencies
- To assist SBS team on unknown payments/receipts matters.
- Finished product cost statement preparation/computation for FTA application on export tax tariff grant for AP customers.
- Work closely with Tax Auditors on all Corporate Tax related matters
- Ensure ECI/Tax Estimation and final tax filing is submitted within the deadline
- Prepare tax package (current and deferred tax computation) and load to tax system
- Drafting of FS - income tax note (with the support of income tax accounting team)
- Return to accruals ("RTA") for local GAAP
- Credit and Adjustment update on quarterly Corporate Tax.
- Ensure all P12/P13 local GAAP adjustments are posted to SAP
- Request for Local GAAP GLA extension/creation
- Analysis on WHT GL account to ensure WHT certificates are duly received from our customers for the purpose of Foreign Tax Credit and Double Tax Relief
- Any other ad-hoc duties and project improvement as and when deemed necessary.
Founded in 1940, Air Products is a world-leading industrial gases company and has a proud history of innovation, operational excellence, with an unwavering commitment to safety and environmental stewardship. Working together, we are taking our passion and diverse backgrounds forward to reimagine what’s possible and generate a cleaner future for our customers, our communities, and the world.
Skills Required
- Degree in accounting and finance
- 3-5 years accounting experience
- Thorough understanding of local tax regulations (SEA) and corporate tax processes
- Proficiency with SAP and ability to learn accounting applications quickly
- Experience with statutory filings including XBRL and ACRA submissions
- Strong interpersonal and communication skills; ability to liaise with senior management, external auditors, tax authorities and government agencies
- Thorough understanding of banking payment processes and audit procedures
- Knowledge of IFRS accounting standards
- Knowledge of US GAAP
- English language proficiency
What We Do
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products’ base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and provides turbomachinery, membrane systems and cryogenic containers globally. The Company had fiscal 2023 sales of $12.6 billion from operations in approximately 50 countries and has a current market capitalization of about $65 billion. Approximately 23,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world.
