Assistant Manager- Manager

[What the role is]

We are seeking an Assistant Manager/Manager to join the Business Partnership Branch of the Finance Department, whose role will primarily focus on corporate finance and financial planning & analysis.

[What you will be working on]

The key responsibilities are as outlined below:

1. Pre-establishment of new entities Partner with stakeholders to conduct financial feasibility studies to determine optimal financing solutions. This includes:

a. Analyse cost of capital, leverage ratios, and risk-return profiles

b. Recommend optimal debt-equity financing mix for new entity

c. Identify and assess suitable funding sources (commercial debt, equity financing, government grants)

d. Lead negotiations on the terms of financing

e. Coordinate legal documentation for funding agreements and shareholder arrangements

1. Post-establishment of new entities Collaborate with stakeholders on the following key financial functions:

a. Financial planning and budgeting: develop and manage budgets, forecasts, and strategic financial plans to optimise resource allocation and track performance against targets

b. Accounting and financial reporting: maintain financial records, prepare periodic statements, and ensure compliance with International Financial Reporting Standards

c. Treasury management: optimise cash flow, working capital, and banking relationships to ensure liquidity and financial stability

d. Financing: negotiate financing terms to support business objectives

e. Tax and reporting compliance: ensure timely filing of tax returns and reporting

f. Risk and governance: establish financial controls, audit processes, and governance frameworks to manage risk and comply with regulatory requirements

1. Financial planning, analysis and grant management Manage Ministry of Trade and Industry ("MTI") grant funding, ensuring its effective allocation and the proper discharge of fiscal responsibilities:

a. Budgeting and forecasting: Partner with stakeholders to develop, consolidate, and submit annual budget requirements and multi-year projections to MTI

b. Cash flow management: Prepare and analyse cash flow projections for submission to MTI timely to support fiscal planning

c. Performance monitoring and analysis: Monitor grant utilisation rates, conduct deep-dive variance analysis and work with stakeholders to provide insightful explanations and recommendations

d. Cash optimisation: Proactively forecast short-term cash flow needs and identify surplus funds for early declaration to MTI for strategic re-deployment

e. Compliance and reporting: Ensure all financial reporting to MTI is accurate, timely, and compliant

f. Grant governance: Champion the development/finetuning of grant management policies and a robust internal control framework to mitigate risk.

g. Audit and compliance: Act as the primary liaison for all MTI grant-related audits and ensure adherence to all terms and conditions

h. Performance reporting: Measure and report on grant effectiveness and outcomes, prepare dashboards and briefs to senior management

1. Undertake any other ad-hoc duties or projects as assigned

[What we are looking for]

Requirements:

1. Education

2. Degree in Accounting, Finance, Economics, Mathematics or equivalent

3. Experience

4. 3 to 5 years of relevant accounting, financial planning and analysis, corporate finance, financial modelling, debt financing and entity set-up, preferably in the energy sector

5. Skills and Competencies

6. Proficient in review of financial modelling, cost-benefit analysis, and impact assessment

7. Detail-oriented, analytical and adept at dissecting and resolving complex issues

8. Collaborative and effective communicator for engaging diverse stakeholders, including government agencies, non-governmental organisations, and private companies

9. Personal Attributes

10. Ability to work independently and as part of a team in a fast-paced environment

11. Driven, resilient, and able to deliver multiple projects under tight timelines

12. Strong commitment to public service and achieving organisational goals