Finance Manager/ Senior Manager - Singapore - HUMAN CAPITAL LEADERSHIP INSTITUTE PTE. LTD.

Description

Reporting to the Head of Finance, this position holder is responsible for the following items:

Key Responsibilities

• Manage a documented system of accounting policies and procedures
• Supervise and review the preparation of consolidated financial statements, business activity reports and forecasts for management and external stakeholders
• Calculate accounting ratios relating to profitability, liquidity, efficiency and position
• Analyse the financial performance and position of the organisation and develop suitable accounting policies to meet reporting requirements
• Monitor changes and emerging trends in accounting standards and regulation
• Provide financial Leadershipand strategic thinking to support sustainable value-creation
• Appraise the financial performance and position of entities
• Evaluate the various valuation models used by standard setters
• Develop accounting policies that meet reporting requirements and align with business models
• Apply professional judgement to identify accounting treatments adopted in financial statements and assess their suitability and acceptability
• Supervise the calculation of taxable income and income tax liabilities of the organisation
• Assess the chargeable gains and losses of the organisation, as well as capital gain tax liabilities
• Resolve tax-related issues with external tax experts
• Articulate to management all relevant tax issues to minimise the organisation's tax liabilities
• Ensure there is a common understanding of the need for ethical and professional approaches in dealing with tax-related issues
• Advise management on the organisation's exposure to risks and the involvement of financial institutions, money market instruments and treasury management functions where applicable
• Analyse current market trends and provide strategic input to shape the organisation's key financial decisions
• Apply appropriate appraisal techniques and consideration for taxation, inflation and risk in investment decisions
• Analyse, compile and present management information for managerial decision making
• Review the valuation of business and financial assets using different models
• Analyse and assess the impact of investment decisions on the financial position of the organisation.
• Identify and understand the financing needs of the organisation
• Identify and calculate both financial and non-financial performance measurements for reporting on the organisation's performance
• Oversee the preparation of the organisation's budget
• Determine and apply marginal and absorption standard costing concepts to calculate costs variances and profit variances
• Interpret, investigate and report to management on variances, as well as develop a full understanding of the inter-relationships between variances
• Maintain banking relationships for accounts for day-to-day transaction as well as investments
• Adopt and promote Corporate Social Responsibility (CSR) reporting and its assurance using emerging frameworks to move towards an integrated reporting model combining financial and non-financial information
• Evaluate current developments, such as sustainability rating systems, new frameworks and their potential impact on performance measurement and reporting
• Prepare for the use and implementation of integrated reporting
• Plan and coordinate the annual financial audit process
• Respond to internal and external auditors on audit data, variances and audit findings
• Implement policies and procedures with emphasis on internal controls to prevent possible fraud and errors
• Resolve issues and deficiencies arising from audit findings
• Use management information systems strategically for effective management and control of the business
• Use data mining and new analytical methodologies
• Identify and adopt business intelligence tools to analyse financial data and information
• Evaluate the effectiveness of the organisation's financial system and determine any areas of improvement
• Ensure the appropriate set up of accounting rules in the organisation's financial system
• Adopt cloud computing for the business
• Main lead for Annual Year End audit – liaison with auditors & stakeholders, prep audit reports, handle audit queries etc
• Assist with grant claims and management
• Compilation of relevant reports pertaining to claims/ audits

Experience

Minimum two years of working experience

Education

Bachelor's Degree in Finance or Accountancy

Knowledge in XERO preferred