
Senior Executive
1 week ago
**Finance, Planning and Governance**:
Roles and Responsibilities
- Manage all accounting transactions in IAL and comply with the institution’s and corporate financial governance, policies and procedures; and relevant accounting standards.
- Prepare, monitor and review, in collaboration with other divisions in IAL, the annual income, expenditure and development budgets; and to ensure financial discipline and marksmanship.
- Prepare the institute’s financial statements (balance sheet, profit & loss accounts) and other financial reports according to schedule and as required by relevant stakeholders. Support month-end or year-end closing, and annual statutory audits.
- Assist the institute and its various divisions to prepare budget planning for various institutional ventures, such as programmes, projects, special events and consultancy, etc.
- Analyse and monitor the trend, costs, revenues, financial commitments and budget utilization. Predict future revenues and expenses and recommend corrective actions, if required. Report organizational finances to management and offer suggestions about resource utilization, budget preparation and control, including any relevant or changing assumptions underlying budget forecasts.
- Manage and maintain an up-to-date register of fixed assets in IAL and ensuring an effective and efficient management and utilization of all fixed assets and resources in IAL.
- Monitor IAL funding and cash flow requirements to ensure operational efficiency and achievement of strategic outcomes as set out to IAL by SkillsFuture Singapore (SSG). Coordinate with SSG on the funding utilization and the disbursement of fund for IAL, on a quarterly basis or as and when required.
- Any other duties, including cross divisional project(s) that may be assigned from time to time by the management for staff capability development as well as to meet the organizational needs.
**Job Requirements**:
- A good understanding of educational business operations and the roles of CET or lifelong learning initiatives in the Singapore economic environment, and with some experiences in managing government grants, subsidies will be an advantage.
- Strong analytical and problem-solving skills with attention to details, and deadline oriented.
- Strong oral and written communication, and inter-personal skills and be able to work collaboratively as a team with other colleagues and stakeholders to achieve the organizational goals and objectives
- The successful appointee will be based in IAL Campus located at Lifelong Learning Institute next to Paya Lebar MRT station
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