(What the role is)
We are seeking an Assistant Manager/Manager to join the Business Partnership Branch of the Finance Department, whose role will primarily focus on corporate finance and financial planning & analysis.
(What you will be working on)
The key responsibilities are as outlined below:
a.
Analyse cost of capital, leverage ratios, and risk-return profiles
b.
Recommend optimal debt-equity financing mix for new entity
c.
Identify and assess suitable funding sources (commercial debt, equity financing, government grants)
d.
Lead negotiations on the terms of financing
e.
Coordinate legal documentation for funding agreements and shareholder arrangements
a.
Financial planning and budgeting: develop and manage budgets, forecasts, and strategic financial plans to optimise resource allocation and track performance against targets
b.
Accounting and financial reporting: maintain financial records, prepare periodic statements, and ensure compliance with International Financial Reporting Standards
c.
Treasury management: optimise cash flow, working capital, and banking relationships to ensure liquidity and financial stability
d.
Financing: negotiate financing terms to support business objectives
e.
Tax and reporting compliance: ensure timely filing of tax returns and reporting
f.
Risk and governance: establish financial controls, audit processes, and governance frameworks to manage risk and comply with regulatory requirements
a.
Budgeting and forecasting: Partner with stakeholders to develop, consolidate, and submit annual budget requirements and multi-year projections to MTI
b.
Cash flow management: Prepare and analyse cash flow projections for submission to MTI timely to support fiscal planning
c.
Performance monitoring and analysis: Monitor grant utilisation rates, conduct deep-dive variance analysis and work with stakeholders to provide insightful explanations and recommendations
d.
Cash optimisation: Proactively forecast short-term cash flow needs and identify surplus funds for early declaration to MTI for strategic re-deployment
e.
Compliance and reporting: Ensure all financial reporting to MTI is accurate, timely, and compliant
f.
Grant governance: Champion the development/finetuning of grant management policies and a robust internal control framework to mitigate risk.
g.
Audit and compliance: Act as the primary liaison for all MTI grant-related audits and ensure adherence to all terms and conditions
h.
Performance reporting: Measure and report on grant effectiveness and outcomes, prepare dashboards and briefs to senior management
(What we are looking for)
Requirements:
Education
Degree in Accounting, Finance, Economics, Mathematics or equivalent
Experience
3 to 5 years of relevant accounting, financial planning and analysis, corporate finance, financial modelling, debt financing and entity set-up, preferably in the energy sector
Skills and Competencies
Proficient in review of financial modelling, cost-benefit analysis, and impact assessment
Detail-oriented, analytical and adept at dissecting and resolving complex issues
Collaborative and effective communicator for engaging diverse stakeholders, including government agencies, non-governmental organisations, and private companies
Personal Attributes
Ability to work independently and as part of a team in a fast-paced environment
Driven, resilient, and able to deliver multiple projects under tight timelines
Strong commitment to public service and achieving organisational goals