Financial Analyst

6 days ago

Singapore RMA CONTRACTS PTE. LTD. Full time

**Our Client is a Fortune 500 Company and is one of the largest integrated refiners, marketer of petroleum products and chemical manufacturers in the world.
**Scope of Work**
- Design, implement and administer sound financial control systems and procedures by utilizing the Financial Controls Plan to ensure data integrity, safeguard assets, properly authorize transactions, and optimize project resources
- Ensure that consistent and sound procedures exist for timely and quality financial reporting which contributes to effective policy and decision making
- Handle financial and accounting issues in the project
- Lead the cost estimation process for multiple projects
- Implement the Controls Integrity Management System (CIMS) for the project - using the Risk Assessment Tool, Control Catalogs, Gap Analyses, and Change Management Tools
- Identify financial control weaknesses and issues by using CIMS tools and techniques, and propose and implement appropriate corrective actions
- Ensure that contractors' control systems are appropriately reviewed
- Cooperation with control groups and/or with Internal Audit
- Serve as the access point to ensure efficient and effective interface processes with E&PS BAR Manager, Controllers, Audit, Treasurers, Tax, Procurement, Risk Management, and other departments for Controllers/ financial issues
- Ensure that the detailed budget format and the commitment and expenditure records are compatible with the project execution plan.
- Lead the Planning and Budgeting Process including cost estimation and submit to system
- Ensure appropriate coordination and follow up for internal and external audits including special audits
- Promote sound contractors' control policies and practices, including review and assessment of contractors' control systems in cooperation with control groups in the Project.
- Interface with contractors concerning accounting and invoicing issues
- Examine invoices in accordance with procedures to ensure compliance with contract terms.
- Ensure invoice review in accordance with applicable procedures
- Provide assistance and independent analysis for claims settlements and incentive (penalty or bonus) payments (if any)
- Consistent with Procurement's Contract Development/Implementation process, participate in contract reviews and as a member of the tender evaluation team.

**Requirements**:

- At least 5 years experience in a similar role
- Extensive experience in Financial reporting, data analysis, and financial systems

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