Assistant Finance Manager
2 days ago
Job Responsibilities
- Oversee day-to-day operations of Finance for Singapore entities (TMS, TMM, R&P, RPT and 5 inactive entities), review and approve Journal Vouchers, balance sheet schedules, bank reconciliation and GST submission.
- Manage, supervise and coach accountants for Ready-Mix Concrete business in Singapore and Malaysia in executing their respective roles and functions.
- To review and update the materials to be circulated to Integral Cement and Ready-Mix Concrete Operation Committee, DGM, Technical Head and CEO prepared for quarterly performance review purpose.
- Liaise with China entities for e-payment arrangement and related matters.
- Liaise with Sales Team and lawyer on all credit control related matters, e.g. long outstanding issues, legal action, legal advice, issuing internal demand letter, following up on legal proceedings, etc.
- Attend fortnightly credit control meeting with sales team and provide recommendation/action to be taken for overdue limit and term.
- Daily credit control monitoring for TMS/TMM and provide recommendation/action to be taken for overdue limit and term.
- Review new/annual credit review application, provide recommendation based on financial analysis and market/SGX/media information.
- Liaise with internal auditor to establish, review and improve accounting procedures and internal control system for entities in charge.
- CDP shareholding tracking report.
- Review & analyse management reports to provide valuable insights to enable management in making timely decision and identify areas for cost optimization and reduction.
- Review tax computation of entities in-charge of and related matters.
- Assist in preparing budgetary costing and ROI review for new projects.
- Streamline the report requirements of respective entities - which includes report format standardization and identifying and eliminating reports which do not provide value.
- Liaise with auditors, company secretary and tax agent for corporate and tax matters.
- ERP system implementation and enhancement for entities in-charge of.
- E-Bacs, Corp pass, credit search and other governmental access granting administration.
- Any other ad-hoc matters assign by Finance Manager or GFC and feasibility studies.
Job specifications / minimum qualifications
- Bachelor's degree in Accountancy or ACCA
- Min 6 years' experience
Accountabilities/KPIs
- Financial KPI:To help Accountants in maintaining financial closing lead time of maximum 5 working days
- Non-Financial KPIs:
o Timely reporting on a monthly basis;
o Streamline and reduce the number of reports currently maintained by each Accountant;
o Ensure financial reporting follows latest financial reporting standards and group accounting policies.
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