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Urgent! Assistant Finance Manager Job Opening In Central Singapore Community Development Council – Now Hiring Private Advertiser



Job description

Job Responsibilities


Financial Reporting and Accuracy:

  • Ensure the timely and accurate preparation of financial statements in accordance with relevant accounting standards (e.g., IFRS, GAAP).

  • Maintain and update the general ledger, ensuring all transactions are recorded accurately.

  • Prepare monthly, quarterly, and annual financial reports, including profit and loss statements, balance sheets, and cash flow statements.

Audit Management:

  • Lead and manage the annual audit process, serving as the primary point of contact for external auditors.

  • Prepare all necessary documentation and schedules for the audit, ensuring accuracy and completeness.

  • Address and resolve audit queries, working closely with auditors to ensure a smooth and efficient audit process.

  • Review audit findings and implement recommendations to improve financial processes and controls.

Compliance and Internal Controls:

  • Ensure compliance with local and international accounting standards, tax regulations, and financial reporting requirements.

  • Develop, implement, and maintain robust internal controls to safeguard company assets and ensure the accuracy of financial records.

  • Conduct regular reviews of financial processes to identify areas for improvement and implement best practices.

Problem-Solving and Technical Expertise:

  • Identify and resolve complex financial issues, leveraging technical expertise to provide solutions.

  • Analyse financial data to identify trends, discrepancies, and potential risks, and take corrective action as needed.

  • Provide technical support and guidance to the finance team reporting to her/him, ensuring accurate and efficient financial operations.

Team Leadership and Development:

  • Lead and mentor the reporting finance team, providing training and development opportunities to enhance their skills and knowledge.

  • Foster a culture of continuous improvement, encouraging the team to identify and implement process enhancements.

  • Ensure that the finance team operates efficiently and effectively, meeting all deadlines and financial objectives.

Budgeting and Forecasting:

  • Assist in the preparation and management of the company's budget, ensuring alignment with strategic goals.

  • Monitor budget performance and provide regular updates to senior management, highlighting any variances and recommending corrective actions.

  • Prepare financial forecasts and projections to support strategic decision-making.

Working Capital and Intercompany Transactions Management:

  • Oversee and manage working capital to ensure the company has sufficient liquidity to meet its obligations.

  • Monitor cash flow and optimize the management of accounts receivable, accounts payable, and inventory.

  • Manage intercompany transactions, ensuring accurate recording, reconciliation, and timely settlement of balances between subsidiaries and entities.

  • Develop strategies to minimize intercompany discrepancies and streamline the financial operations across different regions.

Job Requirements


Key Skills and Qualifications:

  • Educational Background: Bachelor's degree in accounting, Finance, or a related field; CPA or equivalent certification preferred.

  • Experience: Minimum of 5-7 years of experience in finance and accounting, with a focus on audit management, financial reporting, working capital management, and intercompany transactions.

  • Technical Expertise: Strong knowledge of accounting standards (IFRS, GAAP), audit processes, internal controls, and working capital management.

    Knowledge of Oracle NetSuite an advantage
  • Problem-Solving Skills: Ability to identify and resolve complex financial issues efficiently.

  • Communication Skills: Excellent written and verbal communication skills, with the ability to convey complex financial information clearly.

  • Leadership: Proven ability to lead and develop a finance team, fostering a culture of excellence and continuous improvement.

  • Attention to Detail: High level of accuracy and attention to detail in financial reporting and audit preparation.

  • Collaboration: Ability to work effectively with external auditors, service providers, and internal teams.

Performance Metrics:

  • Accuracy of Financial Reports: Percentage of error-free financial reports submitted on time.

  • Audit Efficiency: Successful completion of audits within deadlines, with minimal findings or issues.

  • Compliance: Adherence to accounting standards and regulatory requirements, with no significant compliance issues.

  • Process Improvements: Number of implemented process improvements resulting in enhanced financial operations.

  • Team Performance: Development and performance metrics for finance team members.

  • Working Capital Management: Efficiency in managing working capital, including cash conversion cycle and liquidity ratios.

  • Intercompany Transaction Management: Accuracy and timeliness of intercompany reconciliations and settlements


Required Skill Profession

Other General



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    Unlock Your Assistant Finance Potential: Insight & Career Growth Guide


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