1. JOB DESCRIPTION
Job Title
Finance Manager
Occupation
FINANCE MANAGER
Job Description & Requirements
Reports To: Chief Financial Officer (CFO)
Department: Finance/Accounting
Job Summary
The Finance Manager is responsible for overseeing the financial health of the company, ensuring the accuracy and integrity of financial reporting, leading budgeting and forecasting processes, managing compliance with accounting and tax regulations, and providing strategic financial guidance to senior management. The role also includes supervising a team of accounts staff and ensuring the smooth operation of the finance department.
Key Responsibilities
1. Financial Management & Oversight:
- Oversee all accounting operations, including accounts payable, accounts receivable, general ledger, and payroll functions.
- Ensure accurate and timely financial reporting, including preparation of monthly, quarterly, and annual financial statements.
- Monitor and manage cash flow, ensuring sufficient funds for operations.
- Develop and maintain internal control policies and procedures to safeguard company assets.
2. Budgeting & Forecasting:
- Lead the annual budgeting process, ensuring alignment with organizational goals.
- Prepare detailed financial forecasts and variance analyses to support strategic decision-making.
- Collaborate with department heads to manage budgets and track performance against financial targets.
3. Tax & Compliance:
- Oversee corporate tax filings, GST submissions, and other tax-related activities.
- Ensure compliance with relevant accounting standards, legal regulations, and reporting requirements.
- Liaise with external auditors to facilitate timely and accurate audit processes.
4. Preparing Consolidated Accounts
- Repsonsible for preparing the consolidated accounts for the Group Companies
- Liaise with the Auditors on the information required for the preparation of the consolidated accounts
Assist in the preparation of the group Annual Report
5. Team Leadership:
- Supervise and mentor a team of accountants, providing training and professional development opportunities.
- Conduct performance evaluations and implement measures to improve team efficiency.
- Foster a collaborative and supportive work environment within the finance team.
6. Strategic Financial Planning:
- Provide financial insights and recommendations to senior management to support business growth.
- Analyze market trends and competitor performance to identify financial risks and opportunities.
- Support strategic initiatives, including mergers, acquisitions, and capital investment projects.
7. System & Process Improvement:
- Identify and implement process improvements to enhance the efficiency of financial operations.
- Evaluate and recommend updates to financial systems and tools as needed.
- Ensure proper documentation and reporting structures are in place for all financial processes.
Skills & Qualifications
Education:
- Bachelor’s Degree in Accounting, Finance, or a related field. CPA, ACCA, or CFA certification preferred.
Experience:
- 5+ years of progressive accounting or finance experience, including 3+ years in a leadership role.
- Strong background in financial reporting, budgeting, and compliance, with exposure to SGX reporting preferred.
- Experience working in or managing finances for a listed company is highly advantageous.
Technical Skills:
- Advanced proficiency in accounting software (e.g., SAP, Oracle, or similar ERP systems).
- In-depth understanding of financial statements, audits, and tax filings.
- Strong Excel skills for modeling, financial analysis, and reporting.
Personal Attributes:
- Strong leadership and team management skills.
- Excellent problem-solving and analytical capabilities.
- Effective communication and stakeholder management abilities.
Working Location:
- Orchard
- Full-time role in an office environment, with occasional extended hours during critical deadlines.
