Finance & Accounting Manager

Job Responsibilities & Accountabilities:

• Working knowledge of Singapore Companies Act, Financial Reporting Standards (FRS) and applicable regulations of Accounting and Corporate Regulatory Authority of Singapore (ACRA).
• Work closely with Senior Management to ensure the Company is resilient and sustainable for the future.
• Creative ways for Financial Risk and Treasury Management (for example: manage foreign exchange exposure, liaise with banks, borrowing costs and cash flow projection and reporting).
• Manage annual audit and tax submission.
• Manage and think of ways to leverage on government initiatives like Free Trade Agreements, government grants and submission of claims for grants.
• Timely submission of financial and management reports.
• Product costing and reporting, cooperates with relevant team to ensure product costing.
• Look at digitalization and digital solutions to improve productivity of department.
• Review and monitor internal control procedures and system improvement (SAP).
• Supervision of finance and accounts function.
• Set up policies for the department.
• Manage cashflow to ensure company is in healthy financial conditions.
• Supervise team members of department.
• Liaise with other departments in cross-functional activities.
• Manage KPI of the departments.
• Administer annual financial plan and budget.
• Report and monitor cost centers' expenses monthly.
• Tax planning and harness incentives from governmental agencies (e.g. PIC, Grants, Investment allowance).
• Approve all payment vouchers.
• Supervision/management of finance staffs – lead to management reports, incorrect financial information, audit and tax timeline issues .
• Government incentive – reduce operation cost if grants obtained.
• Close monitoring of budget to avoid negative financial implicate.
• Identify and monitor items affecting cash flow (e.g. accounts payable, accounts receivable and inventory) and initiate actions to resolve the issues.
• Monitor USD fluctuation - buy and sell USD to ensure that the company does not suffer any significant foreign exchange losses.
• Monitor cost centers' expenses against budget and query respective HODs.
• Monitor KPIs of other department to ensure progress status updated and achieve.

Job requirements:

• Bachelor of business (Accounting) or Finance or equivalent
• Member of Institute of Singapore Chartered Accountants (ISCA), Association of Chartered Certified Accountants (ACCA) or equivalent
• More than 10 years of working experience in finance & accounting
• Past experiences working in Manufacturing Environment will be preferred
• Familiar with GST compliances & Filing
• Proficient with Singapore Companies Act, Financial Reporting Standards and Statutory requirements
• Problem solving and analytical skill
• Communication and interpersonal skill
• Planning and organizing skill
• Working knowledge of SAP / ERP systems
• Able to multi-task