Finance Manager - Singapore - DA PAOLO GROUP PTE. LTD.

DA PAOLO GROUP PTE. LTD.

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Skill & Attributes Requirements

Understanding of the food and beverage industry's dynamics, including supply chain intricacies, seasonality, and regulatory requirements.
Strong ability to manage and control costs, especially in areas such as procurement, inventory, and production.
Proficiency in creating and managing budgets, taking into account the unique factors affecting the food & beverages industry, such as fluctuating commodity prices.
Knowledge of supply chain processes in the food industry, including vendor management, distribution logistics, and inventory management.
Familiarity with food safety regulations, labeling requirements, and other industryspecific compliance standards.
Ability to analyze the profitability of individual product lines, factoring in production costs, pricing strategies, and market demand.
Awareness of the seasonal and cyclical nature of the food & beverage business and the ability to plan and manage finances accordingly.
Strong negotiation skills when dealing with suppliers, ensuring favorable terms and prices for raw materials.
Advanced financial analysis skills to assess the performance of various business segments, identify trends, and make datadriven recommendations.
Ability to establish accurate product costing and develop pricing strategies that balance competitiveness and profitability.
Effective communication skills to convey financial information to nonfinancial stakeholders, including but not limited to operations and marketing teams.
Flexibility and adaptability to navigate the fastpaced and everchanging nature of the food and beverage industry.
Familiar with industryspecific financial software and tools for managing inventory, procurement, and financial reporting. Leadership skills to guide and motivate the finance and administration team, emphasizing the importance of aligning financial goals with overall business objectives

Financial Planning and Analysis

Develop, implement, and maintain financial models for budgeting, forecasting, and business planning.
Conduct indepth financial analysis to identify trends, opportunities, and potential risks.
Provide insightful recommendations to optimize financial performance and achieve strategic goals.

Budgeting and Forecasting

Coordinate the budgeting process, working closely with department heads to establish financial goals and budgets.
Provide accurate and timely financial forecasts, considering market trends and business drivers.

Cashflow Management

Manage and monitor cash flow to ensure adequate liquidity for daytoday operations and strategic initiatives.
Implement strategies to optimize working capital and minimize financial risks.

Financial Reporting

Prepare and present monthly, quarterly, and annual financial reports to senior management and stakeholders.
Ensure compliance with accounting standards and regulations in all financial reporting.

Risk Management

Identify and assess financial risks, proposing strategies to mitigate them.
Develop and implement internal controls to safeguard company assets and ensure financial integrity.

Collaboration and Communication

Collaborate with crossfunctional teams to gather relevant financial data and insights.
Communicate financial information effectively to nonfinancial stakeholders, assisting them in making informed decisions.

Compliance

Stay informed about the changes in financial regulations and ensure the organization's compliance.
Work with external auditors to facilitate audit reviews.

Team Leadership