Job Description
We are looking for a meticulous, forward-thinking assistant accountant to join our team. In this role, you will lead our finance department, guide our small team, and help fuel our brand’s growth—ensuring everything runs smoothly from cash flow forecasting and budgeting to daily accounting and statutory compliance.
1. Financial Planning & Strategic Insights
Cash Flow Management: Oversee daily cash positions, track money in and out, and maintain rolling cash flow forecasts to keep our operations liquid and healthy.
Budgeting & Analysis: Build annual budgets, track monthly spending against targets, and provide clear insights on performance.
Financial Modelling: Create simple, clear financial models to evaluate margins, pricing strategies, new boutique or café openings, and project returns.
2. Day-to-Day Accounting & Team Support
Team Leadership: Mentor and guide our finance team, ensuring smooth daily execution and steady personal growth.
Accounts & Reconciliations: Oversee daily AP, AR, General Ledger, and bank reconciliations to keep our books in order.
Monthly Closing: Check and approve accurate monthly and year-end financial reports on time.
Process Improvements: Find ways to streamline accounting workflows and make daily operations easier and faster.
3. Retail & Operations Finance
Landlord Reporting: Submit monthly sales statements to boutique and outlet landlords on time, in line with lease terms.
Stock & Inventory Control: Coordinate monthly stock counts across our stores, reconcile inventory, look into missing stock, and reduce stock loss.
Payments & Claims: Oversee supplier payments, staff claims, and monthly commission payouts in line with company policies.
4. Tax, Audit & Stakeholder Contact
Statutory Compliance: Ensure full compliance with Singapore Financial Reporting Standards (SFRS), GST, and corporate tax submissions.
Audit & Stakeholders: Lead the annual audit process and act as the primary contact for auditors, tax authorities, banks, landlords, and key suppliers.
Operational Partnering: Work closely with store and operational leads to monitor cost controls, staffing, and margins.
Minimum Requirements
Degree in Accounting, Finance, ACCA, or equivalent professional qualification.
Minimum 5 to 7 years in finance and accounting, including at least 1-2 years leading or supervising a team.
Prior experience in Retail, F&B, or multi-outlet operations is strongly preferred.
Strong hands-on experience in cash flow planning, budgeting, and financial modelling.
Proficiency with ERP systems (e.g. Dynamics 365) and strong Excel skills (Pivot tables, formulas).
The 1872 Clipper Tea Co. is a Singapore specialty tea blender, providing farm-to-cup specialty tea for over 150 years. Since its humble beginnings at a jewellery boutique along High Street in 1872, the brand continues to be widely appreciated for its consistency in quality, signature aroma, and refined taste.
Brewing unique specialty tea blends is what we aspire to do.