The Finance Manager oversees the company’s finance and accounting operations, ensuring accurate financial reporting, effective internal controls, statutory compliance and sound cash flow management.
The role supports the Director of Finance in financial planning, reporting, audits and business decision-making, while leading the day-to-day operations and development of the Finance team.
Key Responsibilities
1. Financial Accounting & Reporting
- Oversee month-end, quarter-end and year-end closing processes.
- Ensure timely and accurate financial statements and management reports.
- Review general ledger, reconciliations, journal entries and financial transactions.
- Analyze financial results and investigate significant variances against budgets and forecasts.
- Ensure compliance with accounting standards and company policies.
2. Budgeting, Forecasting & Business Support
- Coordinate annual budgeting and periodic forecasting exercises.
- Provide financial analysis and insights to support business decisions.
- Monitor revenue, expenses, margins and profitability against budgets.
- Work with business teams on cost management and financial matters.
- Provide timely financial updates to the Director of Finance and management.
3. Accounts Receivable, Accounts Payable & Working Capital
- Oversee accounts receivable, accounts payable and general accounting activities.
- Monitor collections, overdue accounts and supplier payments.
- Review ageing reports and follow up on outstanding balances.
- Identify opportunities to improve working capital and cash flow.
4. Cash Flow & Treasury
- Prepare and monitor cash flow forecasts to ensure sufficient liquidity.
- Oversee bank reconciliations and banking matters.
- Ensure proper controls over payments, bank accounts and authorised signatories.
- Support foreign currency and treasury activities where required.
5. Tax, Statutory & Regulatory Compliance
- Oversee Singapore tax compliance, including corporate income tax and GST.
- Review tax computations and filings prepared internally or by external advisers.
- Coordinate statutory audits and liaise with auditors, tax advisers and other professional parties.
- Ensure proper maintenance of financial records and supporting documentation.
6. Internal Controls & Governance
- Maintain effective financial controls, approval processes and segregation of duties.
- Ensure compliance with finance policies, procedures and delegation of authority.
- Identify control gaps and implement corrective measures.
- Support internal and external audits and strengthen financial governance.
7. Finance Operations & Process Improvement
- Review and improve finance processes to enhance efficiency and accuracy.
- Drive automation, standardization and process improvements.
- Support ERP and finance system enhancements and digitalization initiatives.
- Establish and monitor finance KPIs and operational performance.
8. Team Management
- Lead, supervise and develop the Finance team.
- Allocate responsibilities and ensure timely completion of finance deliverables.
- Provide technical guidance, coaching and support to team members.
- Promote accountability, accuracy and continuous improvement within the team.
Requirements
- Degree in Accountancy, Finance or a related discipline. Professional qualifications such as ACCA, CPA or equivalent will be an advantage.
- At least 5–8 years of relevant experience in finance and accounting, with prior experience in a managerial or supervisory capacity.
- Strong knowledge of financial accounting, management reporting, budgeting, forecasting and cash flow management.
- Familiarity with Singapore statutory and tax requirements, including GST and corporate income tax.
- Experience in managing month-end and year-end closing, statutory audits and internal controls.
- Good understanding of Singapore Financial Reporting Standards (SFRS).
- Proficient in Microsoft Excel and accounting/ERP systems.
- Strong analytical, problem-solving and organizational skills, with good attention to detail.
- Able to work independently, manage multiple priorities and meet reporting deadlines.
- Good leadership and interpersonal skills, with the ability to guide and develop a Finance team.
- Strong communication skills and the ability to work effectively with stakeholders across different functions.