Finance Digitization Executive - Singapore - TATA CONSULTANCY SERVICES ASIA PACIFIC PTE. LTD.

Description

Reporting to the APAC Head of Finance directly, you shall be responsible for below.

• Develop and implement a comprehensive digitization strategy for finance operations, aligning with business objectives and industry best practices.
• Establish metrics and KPIs to monitor the performance of digitized finance processes, continuously evaluating and optimizing for improvement.
• Key liaison with internal IT support and end-to-end issue resolution process which can arise from technical, data or process gap for IFRS 17 in UAT and Production testing environment.
• Engage with clients to understand their specific requirements and tailor digitization solutions to meet their needs effectively.
• Collaborate with IT teams to integrate digital tools and platforms into existing financial systems, ensuring seamless operation and data integrity.
• Monthly / Quarterly Review of Financial Statement including Variance Analysis and preparation of Cost Budgets and P&L Projections.
• Day to Day Finance operations Vendor Payments, Inter Company Payments, Employee payments.
• Prepare GST computation, Corporate Tax, and submission with IRAS.
• Reviewing Payroll filings like CPF, Employee annual Income filings.
• Liaise with external auditors and tax agent for all statutory and regulatory requirements
• Responsible for Price Negotiation for Vendor contracts.
• Evaluate current financial processes and systems to identify opportunities for digitization and automation.
• Liaising with offshore Teams including accounts receivable, payable, credit control, investment, re-insurance, etc.
• Collaborate with IT teams to integrate digital tools and platforms into existing financial systems, ensuring seamless operation and data integrity.
• Streamline financial processes through automation, standardization, and optimization, minimizing manual intervention and improving productivity.
• Lead change initiatives to ensure smooth adoption of digital solutions among finance teams, providing training and support as needed.
• Ensure that digitized finance processes comply with regulatory requirements and industry standards, mitigating risks associated with data security and financial integrity.
• Willingness to learn and develop expertise on the new accounting standard IFRS 17
• Provide support in IFRS17 related audit matters.
• Provide accurate and timely financial information, including accrual entries processing, statements closing, accounts consolidation, business modelling for budgeting, forecasting and product profitability, etc.
• Develop and ensure implementation of the accounting procedures and policies to ensure compliance with local statutory standards and practices.
• Liaise with external and internal auditors on finance matters.
• Review, analyze and advise the management on Company's cash flow and other financial matters
• Actively engage with the business to understand financial statement performance and identify trends, take proactive approach to align continuous improvement projects with financial objectives.
• Participate in government surveys, generate, prepare and submit reports required by the statutory boards, e.g., MAS, Income Tax and Company Registry, and management on a monthly, quarterly, yearly and ad-hoc basis.

Job Requirements:

• A recognized Degree in any related discipline.
• At least 10 years of experience and least 5 years of hands-on experience in similar role in the IT industry.
• Excellent analytical skills and decision making, meticulous with attention to details.
• Self-motivated, committed and possess high level of integrity.
• Independent and a fast leaner, able to grasp processes and system quickly.
• Good presentation, interpersonal, communication and leadership skills
• Able to work within datelines and under pressure.