KCTEX INTERNATIONAL LIMITED Hiring! Full Time Finance Manager in Central Region (Singapore), Earn up to SGD 8,000 - Ricebowl

1.Job Purpose

TheFinance Manager is responsible for handling the financial and accounting functionsof the company, a Singapore-based textile trading business engaged in theimport, export and distribution of fabrics, yarns and related textile products.The role owns financial planning, reporting, cash and trade-finance management,statutory compliance and internal controls, and works closely with the FinancialController and business units to support profitable trading decisions in afast-moving, multi-faceted trading environment.

2.High-Level Duties (Areas of Responsibility)

•    Financial Strategy &Business Partnering – advise management on financial implications of tradingdecisions, pricing, and new supplier/customer arrangements.

•    Financial Planning &Analysis – own budgeting, forecasting and margin analysis across product linesand trading routes.

•    Treasury & TradeFinance – manage working capital, banking facilities, letters of credit, trustreceipts and foreign exchange exposure.

•    Financial Reporting& Compliance – ensure accurate, timely management and statutory accounts inline with Singapore Financial Reporting Standards (SFRS) and regulatoryrequirements.

•    Risk, Controls &Governance – maintain a strong internal control environment, credit riskdiscipline and fraud prevention.

•    Team Leadership – lead,train and develop the finance and accounts team, and manage outsourced serviceproviders (auditors, tax agents, company secretary).

•    Systems & ProcessImprovement – drive automation and continuous improvement of finance andERP/accounting systems and processes.

3.Critical Duties (Detailed Responsibilities)

3.1 Financial Reporting & Accounting

–    Prepare accurate monthly, quarterly and annualmanagement accounts, financial statements and board reporting packs within setdeadlines.

–    Oversee the full accounting cycle – general ledger,accounts payable/receivable, fixed assets, bank reconciliations andmonth-end/year-end closing.

–    Monitoring Inter-company transactions andreconciliation of inter-co balances.

–    Thorough scrutiny of Freight bills and identifyingreasons for variances, if any.

–    Checking bank charges and overheads to ensure itscorrectness.

–    Ensure financial statements comply with SingaporeFinancial Reporting Standards (SFRS) and Companies Act requirements.

–    Manage stock/inventory valuation and costing forimported and traded textile goods, including landed cost computation (freight,duty, insurance).

–    Coordinate the annual statutory audit and act asprimary liaison with external auditors, resolving audit queries andimplementing recommendations.

3.2 Cash Flow,Treasury & Trade Finance

–    Monitor daily cash position and working capital toensure sufficient liquidity for purchase of goods, supplier payments andoperating expenses.

–    Manage trade finance instruments critical to textiletrading – Letters of Credit (LC), Trust Receipts (TR), invoice financing, bankguarantees and export documentary credit.

–    Maintain and negotiate banking relationships and creditfacilities/trade lines with banks and financial institutions.

–    Manage foreign exchange exposure arising from USD/othercurrency purchases and sales, including forward contracts and hedging whereappropriate, given the currency risk inherent in textile import/export trading.

–    Monitor customer credit terms, credit limits andcollections; minimise bad debt and overdue receivables through active creditcontrol.

3.3 Statutory& Tax Compliance

–    Manage corporate income tax computations and filings(Form C-S/C) with IRAS, including tax planning and claiming of availablereliefs/incentives.

–    Ensure compliance with ACRA filing requirements (annualreturns, XBRL financial statements) in coordination with the company secretary.

3.4 Budgeting,Forecasting & Business Analysis

–    Lead the annual budgeting process and periodic rollingforecasts in collaboration with sales and procurement teams.

–    Prepare gross margin and product/customer profitabilityanalysis to support pricing and sourcing decisions.

–    Provide variance analysis against budget/forecast andhighlight risks and opportunities to management.

–    Evaluate the financial viability of new markets,suppliers, customers and business opportunities.

3.5 InternalControls, Risk & Governance

–    Design, implement and monitor internal controls andStandard Operating Procedures (SOPs) across procurement, sales, inventory andcash handling.

–    Safeguard company assets and inventory through periodicstock counts, reconciliations and physical verification.

–    Assess and mitigate key business risks, includingcounterparty credit risk, currency risk and inventory obsolescence risk.

3.6 TeamLeadership & Stakeholder Management

–    Supervise, mentor and develop the finance and accountsteam; plan workload and set performance objectives.

–    Liaise with external auditors, tax agents, companysecretary, banks and insurers as the key finance point of contact.

–    Support the Financial Controller with ad-hoc financialanalysis, board papers and presentations for management and shareholders.

4.Qualifications & Experience

•    Degree in Accountancy,Finance, or related field; professional qualification (CPA Singapore, ACCA, CAor equivalent) preferred.

•    Minimum 8–10 years ofprogressive finance/accounting experience, with at least 3–5 years in amanagerial capacity.

•    Prior experience in atrading company (textiles, commodities, apparel or similar import/exportbusiness) strongly preferred.

•    Sound working knowledgeof Singapore Financial Reporting Standards (SFRS), IRAS tax/GST regulations,ACRA requirements and trade finance instruments (LC/TR).

•    Proficiency inaccounting/ERP systems (e.g., SAP, ORACLE, or similar) and advanced MicrosoftExcel skills.

5.Key Skills & Competencies

•    Strong analytical andcommercial acumen, with the ability to interpret trading margins and currencyexposure.

•    High attention to detailand integrity in financial reporting and controls.

•    Effective communicationand stakeholder management skills, able to engage confidently with banks,auditors and senior management.

•    Strong leadership skillswith the ability to build and develop a small finance team.

•    Ability to work underpressure and manage competing deadlines in a fast-paced trading environment.