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Budget Manager
3 weeks ago
Job Title: Budget Manager
\As a Budget Manager in the Finance and Procurement Division, you will be part of the team providing operational support to MOE Kindergartens (MKs) and Kindergarten Care (KCare) Services.
\Responsibilities:
\- \
- Coordinate with team members and provide operational support to MKs and KCare Services in the areas of financial assistance, arrears management, billings and collections\
- Liaise with stakeholders to review, analyse and enhance MK-related policies and systems to streamline work processes, improve workflows and enforce compliance\
- Provide advice to HQ divisions, MKs and KCare Operators on prevailing financial guidelines and funding related matters\
- Drive finance transformation and automation, leverage on data analytics and visualisation tools for reporting and insights to facilitate decision-making process\
- Ensure effective coordination with various teams and stakeholders to achieve strategic objectives\
- Monitor and manage budgets, forecast revenue and expenses, and develop financial plans to ensure fiscal responsibility\
- Identify and implement cost-saving measures to optimise resource allocation and improve overall efficiency\
- Develop and maintain relationships with key stakeholders to foster collaboration and mutual understanding\
- Collaborate with other teams to identify opportunities for process improvement and implement changes as needed\
- Conduct regular analysis of financial performance and provide recommendations for improvement\
- Manage and report on budget performance, ensuring accurate and timely financial information is available to support business decisions\
- Implement and maintain financial controls to prevent fraud, errors and misappropriation of funds\
- Support and assist in the development of budget forecasts and financial reports\
- Work collaboratively with others to resolve complex financial issues and ensure effective communication throughout the organisation\
- Develop and implement strategies to improve internal controls and mitigate risks\
- Contribute to the development of policies and procedures to enhance the financial management framework\
- Maintain up-to-date knowledge of regulatory requirements and ensure compliance with all relevant laws and regulations\
- Engage in continuous learning and professional development to enhance skills and stay current with industry trends and best practices\
- Provide guidance and support to junior staff members and contribute to their growth and development within the team\
- Take ownership of tasks and projects, working independently and collaboratively as required\
- Communicate effectively and professionally with colleagues, managers and external stakeholders\
- Assist in the implementation of new financial systems, processes and procedures as needed\
- Participate in training sessions and workshops to enhance knowledge and skills in financial management and analysis\
- Perform other duties as assigned by management\
- Stay organised and focused, managing competing priorities and deadlines in a fast-paced environment\
- Proactively seek out opportunities for growth and development within the organisation\
- Adhere to organisational policies and procedures at all times\
- Uphold the highest standards of integrity, professionalism and ethics in all aspects of work\
- Be adaptable and flexible, demonstrating a willingness to learn and evolve with changing circumstances\
- Display exceptional problem-solving skills, thinking creatively to address complex challenges and find innovative solutions\
- Effectively collaborate with cross-functional teams to drive results and achieve strategic objectives\
- Utilise strong analytical and critical thinking skills to evaluate complex financial information and make informed decisions\
- Clearly communicate financial information and present findings to various stakeholders\
- Build and maintain strong relationships with internal stakeholders, fostering open communication and trust\
- Make informed recommendations based on sound financial analysis and expert judgement\
- Remain calm under pressure, exercising excellent time management and prioritisation skills in high-pressure situations\
- Act with urgency and focus, meeting deadlines and achieving goals despite obstacles and setbacks\
- Continuously seek opportunities for self-improvement and professional growth, staying updated with industry developments and best practices\
- Conduct self-assessment, identifying areas for improvement and developing action plans to address gaps\
- Demonstrate a customer-centric approach, delivering outstanding service and building trust with customers and stakeholders\
- Stay up-to-date with industry trends, best practices and emerging technologies to ensure continuous learning and professional growth\
- Exercise leadership and mentoring skills, guiding and supporting colleagues to achieve excellence in their roles\
- Collaborate with HR to develop and implement employee engagement initiatives that promote a positive and inclusive work environment\
- Develop and maintain a comprehensive knowledge of accounting principles, laws and regulations, including tax codes and financial reporting requirements\
- Establish and maintain efficient financial systems, processes and procedures to ensure accuracy, transparency and accountability\
- Utilise expertise in financial management to inform strategic decisions, ensuring alignment with organisational goals and objectives\
- Effectively engage with senior leaders and executives to provide insights and recommendations on financial performance and strategy\
- Lead cross-functional teams to deliver high-impact projects and initiatives, driving financial planning and management excellence\
- Strategically plan and allocate resources to achieve optimal ROI and maximise value creation\
- Deliver timely and accurate financial reports, presentations and analyses to support business decision-making\
- Expertly handle sensitive financial information and maintain confidentiality, adhering to strict protocols and guidelines\
- Conduct thorough risk assessments, identifying potential financial threats and implementing mitigation strategies to safeguard organisational assets\
- Advise and guide the organisation on best practices in financial management, control and governance\
- Lead by example, demonstrating unwavering commitment to integrity, ethics and values-based leadership\
- Build and maintain robust partnerships with stakeholders, fostering trust and credibility through transparent communication and collaborative approaches\
- Develop and execute comprehensive financial plans, outlining clear objectives, strategies and metrics for success\
- Foster a culture of innovation, experimentation and calculated risk-taking, encouraging entrepreneurial spirit and creativity\
- Leverage expertise in financial management to drive strategic change and digital transformation initiatives\
- Support the development and implementation of organisational-wide financial strategies, ensuring alignment with overarching business objectives\
- Disseminate knowledge and best practices in financial management throughout the organisation, promoting a culture of continuous learning and improvement\
- Maintain a proactive stance in monitoring and addressing potential financial threats, leveraging expertise to mitigate risks and seize opportunities\
- Present insightful financial analyses and recommendations to senior leaders and executives, informing strategic decisions and policy formation\
- Develop and lead the execution of financial plans, proposals and pitches, showcasing the organisation's financial acumen and vision\
- Apply an agile mindset to navigate rapid change and evolving priorities, embracing flexibility and adaptability in the face of uncertainty\
- Operate as a trusted advisor to senior leaders and executives, providing counsel and support on complex financial matters and strategic initiatives\
- Embody the highest standards of accountability, responsibility and stewardship in all aspects of financial management and decision-making\
- Empower employees to take ownership of financial responsibilities, fostering a culture of accountability and empowerment\
- Steward the financial well-being of the organisation, making informed decisions that balance short-term needs with long-term sustainability\
- Oversee financial reporting and analysis, presenting clear and concise insights to inform business decisions and strategic planning\
- Play a key role in shaping the organisation's financial direction, utilising expertise to drive innovation and excellence\
- Help build and maintain a high-performing team, fostering collaboration, diversity and inclusion to drive collective success\
- Think strategically, leveraging expertise to create sustainable financial solutions that drive business growth and success\
- Chair meetings, conducting productive discussions and facilitating effective collaboration among diverse stakeholders\
- Enhance the skillset and capabilities of team members through coaching, mentoring and training programs\
- Partner with cross-functional teams to identify and pursue opportunities for growth and expansion\
- Drives the organisation's financial agenda, leading and collaborating with cross-functional teams to achieve strategic objectives\
- Engage with external partners, consultants and experts to explore new financial solutions, products and services\
- Secure funding and resources for strategic initiatives and projects, aligning financial investments with organisational goals\
- Provide detailed and actionable financial insights to stakeholders, communicating complex concepts simply and effectively\
- Recruit and onboard talented professionals, helping to shape the financial leadership of the future\
- Maintain a 'client-first' mentality, prioritising the needs of customers and stakeholders in all interactions\
- Network and build relationships with key stakeholders, influencers and thought leaders in the industry\
- Host seminars, webinars, and other events to share knowledge, build expertise and establish thought leadership\
- Publish articles, research papers, and other materials to elevate visibility and deepen understanding of financial best practices\
- Identify and capitalise on opportunities for strategic partnerships and collaborations that expand the organisation's reach and impact\
- Partner with academic institutions, research centres, and other partners to advance knowledge and innovation in financial management\
- Design and deliver engaging content and educational programs to inspire, educate and equip aspiring finance leaders\
- Collaborate with subject matter experts to author books, whitepapers, and other publications on cutting-edge topics in financial management\
- Invite esteemed guest speakers and thought leaders to share insights and experiences at conferences, workshops and webinars\
- Deploy latest tools, technologies and methodologies to enhance financial performance, improve decision-making and boost productivity\
- Produce compelling stories, narratives, and metaphors to illustrate financial concepts, highlighting the human aspect of financial management\
- Conduct fieldwork, gather real-world examples, and consult with experts to validate and refine financial theories and models\
- Teach advanced courses, workshops, and executive education programs on financial strategy, leadership, and management\
- Occasionally act as interim CFO or other C-suite executive positions, providing temporary leadership and oversight\
- Present keynote addresses at conferences, summits, and other high-profile events, offering fresh perspectives and insights on financial management\
- Headquartered in Singapore, our company boasts a prestigious reputation for excellence in financial management\
Our company thrives on teamwork, dedication, and a passion for innovation, so if you're looking for a dynamic and rewarding career opportunity, join us today