Assistant Finance Manager
Your tasks
We are looking for a hands-on and detail-oriented Assistant Finance Manager to support the Group's finance operations across its portfolio of brands.
Reporting to the Finance Manager / Senior Finance Manager, the successful candidate will assist in overseeing financial reporting, accounting operations, budgeting, cash flow management and internal controls. This role requires a strong finance professional who is able to manage daily finance activities, drive process improvements and work closely with various departments to support the Group's business objectives.
1. Financial Reporting & Accounting Operations
- Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger and bank reconciliations.
- Ensure timely and accurate preparation of monthly management accounts, financial reports and schedules.
- Assist in month-end and year-end closing activities, including preparation of journals, accruals and balance sheet reconciliations.
- Review financial transactions and accounting entries to ensure accuracy and compliance with accounting standards.
- Monitor outstanding payments, receivables and inter-company transactions.
2. Budgeting & Financial Analysis
- Assist in the preparation of annual budgets, financial forecasts and cash flow projections.
- Monitor actual financial performance against budget and provide variance analysis.
- Analyse revenue, expenses, operating costs and profitability across different brands and outlets.
- Identify cost-saving opportunities and areas for improvement in financial performance.
- Prepare financial reports and analysis to support management's decision-making.
3. Financial Controls & Compliance
- Ensure compliance with internal financial policies, procedures and statutory requirements.
- Review and strengthen internal controls to minimise financial risks and discrepancies.
- Coordinate with external auditors, tax agents and other relevant stakeholders for audit and tax-related matters.
- Assist in the preparation of audit schedules and supporting documentation.
- Ensure proper documentation and maintenance of accounting records.
4. Cash Flow & Treasury Management
- Monitor daily cash flow, bank balances and fund requirements.
- Oversee bank reconciliations and payment processes.
- Ensure timely processing of supplier payments and other financial obligations.
- Assist in managing working capital and improving cash flow efficiency.
5. Business Partnering & Operational Support
- Work closely with Operations, Human Resources, Procurement and other departments on finance-related matters.
- Review outlet financial performance and highlight significant variances or irregularities.
- Support financial evaluations for new outlet openings, business expansion and other commercial initiatives.
- Provide financial insights and recommendations to improve operational efficiency and profitability.
6. Team Supervision & Development
- Supervise and guide the finance team in daily accounting and financial operations.
- Monitor work progress and ensure timely completion of assigned tasks.
- Provide guidance and support to team members to maintain accuracy and productivity.
- Assist in identifying process improvements and implementing more efficient finance workflows.
Requirements
Candidates with experience in the F&B, beauty, wellness, retail or hospitality industries, particularly within multi-outlet operations, will have an added advantage.
We are looking for a proactive finance professional who possesses strong accounting fundamentals and the ability to manage day-to-day finance operations effectively. The successful candidate should be comfortable working with different departments, supervising team members and supporting management in driving financial accuracy, operational efficiency and business performance.
- Degree in Accountancy, Finance or a related discipline.
- Professional accounting qualifications such as CA, ACCA, CPA or equivalent are preferred.
- Minimum 5–8 years of relevant finance and accounting experience, with at least 2–3 years in a supervisory or managerial role.
- Experience in the F&B, beauty, wellness, retail or hospitality industries will be an advantage.
- Prior experience handling multi-outlet or multi-entity accounting operations is highly preferred.
- Strong knowledge of financial reporting, month-end closing, budgeting, forecasting and internal controls.
- Experience in supervising or leading a finance team.
- Proficient in Microsoft Excel and accounting systems.
- Strong analytical, organisational and problem-solving skills.
- Meticulous, hands-on and able to work independently in a fast-paced environment.
- Good communication and stakeholder-management skills.