CHIEF FINANCE OFFICER

1. Financial Planning and Strategy

• Develop and implement financial strategies aligned with the company's business objectives.
• Lead annual budgeting, financial forecasting, and long-term financial planning.
• Analyse financial performance, profitability, costs, and key financial indicators.
• Provide financial insights and recommendations to support management decision-making and business expansion.

2. Accounting and Financial Management

• Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger, and month-end and year-end closing.
• Ensure the timely preparation of accurate financial statements and management reports.
• Monitor cash flow, working capital, liquidity, and funding requirements.
• Establish and maintain effective financial controls, policies, and procedures.

3. Budgeting and Cost Control

• Monitor actual financial performance against budgets and forecasts.
• Identify opportunities to improve cost efficiency, operational productivity, and profitability.
• Oversee product costing, inventory valuation, manufacturing overhead allocation, and gross margin analysis.
• Evaluate capital expenditure proposals, equipment investments, and business expansion projects.

4. Taxation, Compliance and Audit

• Ensure compliance with applicable Singapore financial reporting standards, tax requirements, and statutory obligations.
• Oversee corporate tax matters, GST reporting, and other relevant tax filings.
• Coordinate with external auditors, tax agents, banks, and other professional advisers.
• Ensure proper financial records, documentation, and internal controls are maintained.

5. Treasury and Risk Management

• Oversee cash management, banking relationships, financing arrangements, and credit facilities.
• Assess financial risks, including liquidity, foreign exchange, credit, and interest rate risks.
• Develop strategies to safeguard company assets and maintain financial stability.

6. Business Partnering and Management Reporting

• Provide timely financial reports and business performance analysis to senior management and the Board.
• Advise management on pricing, margins, investment decisions, and resource allocation.
• Support commercial negotiations, supplier and customer credit assessments, and major contracts.
• Work closely with operations, sales, procurement, and other departments to achieve business objectives.

7. Team Leadership and Governance

• Lead, develop, and supervise the finance and accounting team.
• Establish clear financial reporting standards, responsibilities, and performance targets.
• Promote accountability, transparency, and continuous improvement in financial processes.
• Present financial results, forecasts, and strategic recommendations to the CEO and Board of Directors.