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Finance Manager

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West Region, Singapore Meranti Power Pte. Ltd. Full time $120,000 - $200,000 per year

Meranti Power Pte Ltd, a fully owned subsidiary of Energy Market Authority, is expanding its team to support operations of new power generation units on Jurong Island. We are seeking committed individuals for the position of Finance Manager/Senior Finance Manager. The scope and requirements for this position are as follows:

The Senior Finance Manager is responsible for various aspects of the Financial Accounting, and Reporting, Management Accounts, Financial Operations (Cash Flow, Treasury, AP, AR, Fixed Assets, Inventory and GL), Internal and External Audit, Taxation, Business Partnering with stakeholders.

Reporting to: Head (Finance).

Roles & Responsibilities

  • Oversees all corporate accounting and finance functions and activities including cash flow management, FP&A and financial accounting.
  • Responsible for the timely monthly, quarterly and year-end closing activities including reviewing and preparation of financial reports.
  • Ensure that the financials comply with Singapore Financial Reporting Standards and provide accounting guidance to the team within finance and the rest of the company as required.
  • Monitor payment status against milestone completion and agreed terms to ensure timely payment
  • Ensure timely billing, cost recovery, receipt of revenue and reimbursements according to contractual terms.
  • Ensure that annual returns to relevant authorities are filed timely.
  • Ability to write, implement, and update financial accounting policies & procedures.
  • Ensure compliance and internal control requirements are met.
  • Plan and coordinate activities related to the annual budget and monthly forecasting process.
  • Prepare monthly cash flow forecast and treasury planning.
  • Ensure proper capitalisation and recording of assets in company's books.
  • Ability to perform Financial Planning & Analysis and prepare financial reports as required by management.
  • Prepare working files and slides for presentation at periodic meetings.
  • Lead existing system/process improvement and/or implementation projects to improve finance operational efficiency and internal controls.
  • Identify and review operational gaps and proposed resolutions from front end to back-end operations with reference to financial and management accounting and internal control considerations.
  • Responsible for corporate taxation, deferred tax computation, tax returns/filings, property tax, GST returns/filings.
  • Main point of contact and coordinator for audit field work, meetings, and reporting.
  • Ensure audits and statutory financial statements are completed timely.
  • Continuously review business processes on ERP systems and seek ways to improve on the efficiency and controls of the financial application and drive the implementation of those changes.
  • Ensure timeliness, accuracy and completeness of financial records.

Requirements:

  • Education in Accountancy and a certified CPA.
  • At least 8-10 years of work experience in audit and accounting from the Big Four accounting firms or MNCs of which at least 3 years in a managerial capacity.
  • Prior experience in high-end ERP system (for example SAP or Oracle) is desirable.
  • Candidates from oil and gas industry, complex utility infrastructure operations or heavy asset-based corporations will be advantageous.
  • Fluent in written and spoken English.
  • Self-motivated, results focused and willing to work under tight timelines with different stakeholders
  • Able to write good reports and prepare presentation materials.
  • Able to work independently as well as in team settings.
  • Able to collaborate well with stakeholders.
  • Willing to work in Jurong Island. (Morning transportation pick-up points available at different parts of Singapore.)

Only shortlisted candidates will be notified.

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