Financial Controller, Sea

2 weeks ago


Singapore GF MACHINING SOLUTIONS PTE. LTD. Full time

Manage the day-to-day operation of the finance, admin and logistics departments, ensure internal control and compliance with internal policies and external regulations over operational and financial transactions.


  • Responsible for monthend, quarter and yearend close processes, accurate and timely consolidated financial reporting of SEA in line with group and statutory requirements.
  • Analyze and understand the performance and business drivers, advise on key trends, deviations, areas of risk and opportunity, support business decisions with reporting and appropriate key performance indicators.
  • Coordinate and prepare accurate monthly forecasts, monitor and update drivers on deviations. Lead and responsible for annual budget planning of SEA.
  • Challenge and determine with management how to enhance the profitability of the company i.e., support sales related initiatives (pricing, review of margin, commissions etc.), initiate & track costs control measures.
  • Drive working capital optimization and improve cashflow, DIO, DSO & DPO. Implement initiatives and controls to improve working capital with a focus on reduction in inventory and managing credit risks within the framework of the divisional credit policy.
  • Partner the business to drive financial objectives/KPIs, track actuals vs plan, proactively highlight deviations for timely corrective actions to work towards achieving the goals set.
  • Review and implement change initiatives and process improvements to enhance operational and financial efficiencies and strengthen reporting, internal controls and compliance.
  • Develop and document processes to maintain and strengthen internal controls. Ensure adherence to corporate governance, DOA, finance policies, statutory, tax & regulatory requirements.
  • Work closely and support India finance manager and respective parties to settle prior years unresolved issues of India branch and lead the eventual branch closure in SEA.
  • Liaise with internal and external auditors, tax or corporate secretary to ensure all statutory and regulatory requirements are timely complied with.
  • Other adhoc projects e.g., financial evaluations, projection on any business opportunities, share financial insights to facilitate business decision.
  • Work with HR on payroll, headcount and related matters.
  • Lead and develop the team, coach and motivate them. Oversee and review the works done by the team.
  • Liaise closely with Division and business unit controllers, build strong relationships locally, regionally and globally supporting 'big picture' financial processes.
  • Participate and support key finance projects & initiatives, including the implementation of a travel expense management tool (MXP) and upcoming SAP projects.
  • Other job assigned by MD, BU controller, APAC and APAC Head of Marketing.

Experience:

  • Proficient in IFRS with regional consolidation exposure
  • Proven ability to achieve tight deadlines on time with high quality of work
  • Be able to balance local, regional & divisional requirements
  • Able to simplify processes and reports without compromising on report accuracy and quality


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