Financial Operations Manager

2 days ago


Singapur, Singapore Care Community Services Society Full time
Financial Operations Manager

Drive financial excellence by providing accurate and timely financial information, optimizing resources, and safeguarding company assets for the benefit of stakeholders.

Key Responsibilities:
  • Oversee daily finance operations, including monthly and yearly closing of financial accounts.
  • Ensure accurate and timely recording of accruals and prepayments.
  • Review and post journal entries in Navision Accounting System.
  • Allocate income and expenses to respective centres in Navision.
  • Review monthly bank reconciliation statements, intercompany accounts, fund balances, and accrual/prepayment/amortisation schedules.
  • Maintain chart of accounts, cost center, and internal order master tables in Navision system.
  • Provide guidance and advice on accounting-related matters.
  • Monitor and forecast cash flow.
  • Review and enhance internal policies and procedures to ensure relevance to the current business environment.
  • Liaise with external parties, including auditors and banks.
  • Supervise and provide guidance to accounting staff.
  • Ensure payments comply with internal policies and controls.
Accounts Payable Functions:
  • Oversee disbursements to Voluntary Welfare Organisations (VWOs), payments to external vendors, staff claims, and reimbursement processes.
Audits:
  • Attend to auditor's queries and requests for information.
  • Oversee preparation of annual audit schedules and financial statements.
Management Reporting:
  • Ensure timely preparation of monthly financial and management reports, including Income & Expenditure, Balance Sheet, and Fund Balance, for submission to Executive Directors.
  • Analyse and report significant variances against budget.
  • Review and update expense allocation methodologies.
Budgeting:
  • Assist Executive Director in preparing annual budget.
Ad Hoc:
  • Perform other duties assigned by Executive Director.


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