Vice President, Financial Reporting

Job Description

As Vice President (VP), Financial Reporting, reporting to the Group Chief Financial Officer, you will lead the financial reporting and consolidation team, ensuring compliance with statutory and SGX standards. This key role involves overseeing monthly closings, statutory audits, and corporate governance, while also acting as a change ambassador for a newly implemented ERP and process harmonization. You will also build strong relationships with auditors and be the go-to expert for financial reporting standards and regulatory changes.

Financial Reporting & Analysis:

- Direct the preparation and strategic review of accurate and timely monthly, quarterly and annual consolidated financial statements (full set) in accordance with IFRS/SFRS and other relevant accounting standards.
- Oversee complex accounting recognition and interpretation of technical accounting standards and engage experts where necessary.
- Manage consolidation processes for a diverse group of entities, ensuring robust intercompany reconciliations and eliminations.
- Ensure compliance with SGX reporting requirements, including the preparation and review of announcements, annual reports, and other regulatory submissions to meet stringent deadlines.
- Manage and coordinate external audits, serving as the primary liaison and strategic partner for auditors, ensuring efficient and compliant audit processes.
- Provide financial analysis and insights to support strategic business decisions, capital allocation, and performance management.

Internal Controls, Governance & Compliance:

- Design, implement, and continuously enhance a robust framework of internal financial controls to safeguard company assets, ensure data integrity, and mitigate financial risks.
- Ensure compliance with all applicable accounting standards (e.g., IFRS/SFRS), corporate governance principles, and local statutory requirements.
- Proactively monitor and interpret changes in financial reporting standards, regulatory requirements, and industry best practices, advising senior management on potential impacts and necessary adjustments.

Leadership:

- Lead, mentor, and strategically develop a high-performing and agile accounting and financial reporting team, fostering a culture of excellence, accountability, and continuous professional growth.
- Drive talent acquisition and retention strategies within the finance department, building a strong pipeline of future leaders.
- Cultivate a culture of continuous improvement and operational excellence across all finance functions, promoting innovation and efficiency.

Financial Operations & Process Optimisation:

- Oversee and optimise general ledger management.
- Continuously evaluate and improve financial processes, systems, and controls, leveraging technology for enhanced efficiency and accuracy.
- Provide expert support and leadership in budgeting, forecasting, and long-range planning activities.

Qualifications & Requirements
- Bachelor Degree in Accountancy (or Finance) with professional qualification (CA, CPA preferred).
- At least 12 years of working experience.
- Experience working in a Big 4 environment followed by experience working in a commercial environment for a few years is preferred.

Technical Skills
- Hands on experience with consolidation and familiarity with Oracle, SAP or other ERP tools.
- Good working experience and technical knowledge of Financial Accounting Standards as well as statutory legislation including requirements of SGX reporting.
- Is a hands-on and self-driven team player and able to motivate the team in a time of significant change.
- Possess initiative as well as attention to details with the ability to meet tight deadlines.

Managerial Skills
- Experienced in leading a large team and to lead them meeting tight reporting deadlines.
- Possess the ability to Identify problems and significantly improve, change or adapt existing methods and techniques.
- Able to motivate and positively influence the team through a period of change.