Finance Business Partner Lead

**About us** About SATS - Feed and Connect Communities**

SATS is a global leader in gateway services and Asia's pre-eminent provider of food solutions. Using innovative food technologies and resilient supply chains, we create tasty, quality food in sustainable ways for airlines, foodservice chains, retailers, and institutions. With heartfelt service and advanced technology, we connect people, businesses, and communities seamlessly through our comprehensive gateway services for customers such as airlines, cruise lines, freight forwarders, postal services and eCommerce companies.

**Key Responsibilities**
Lead a team of finance business partners to proactively support the Business Unit in a dynamic business environment, working closely with BU CEO to drive, shape and deliver the required business and financial performance. This role is instrumental to drive change to build a future-ready BU finance team.

Business Partnering
- Review to ensure accuracy month end closing of business unit
- Prepare monthly and quarterly reporting of financial performance to BU management and ensure timely and accurate reporting. In-depth analysis of BU’s financial performance providing insights into the underlying business and operational drivers.
- Track performance against budget. Analyse variances identified
- Analyse monthly costing variances and gross margin analysis.
- Drive gross margin and inventory management improvement initiatives, propose recommendations to overall cost management and review allocation of overheads cost
- Work with operations in managing operational controllable expense drivers
- Deep dive into cost structures to drive profitability improvement
- Work with operations in setting/update the standard cost
- Work with business unit in contract bids
- Working with management to monitor performance against long term strategic plans. Evaluation of strategic business initiatives with BU leadership team
- Performance KPI tracking and analysis

Annual Budget and Forecasting
- Drive, coordinate and manage BU annual budget exercise
- Drive, coordinate and manage BU twice-yearly outer years projections exercise: annual budget cycle and board strategic review.
- Drive, coordinate and manage BU quarterly rolling forecast preparation
- Prepare consolidated budget and outer year projections based on submission by respective divisions, associates and joint ventures.
- Consolidation of capex budget, review returns of projects, and recommend prioritisation upon evaluating investment return and strategic importance
- Work with Treasury on cashflow forecast and cash requirement of the BU upon consolidation of results submitted by component entities
- Support management in preparation of materials for Board approval

Processes, Corporate Governance and Controls
- Ensure accuracy and integrity of accounting records and financial systems as part of the financial review.
- Uphold internal controls procedures and systems control in line with the Group’s financial policies
- Undertake proactive steps to simplify, automate, optimise and improve systems and transform reporting processes and deliverables related to financial reporting as part of continuous improvement initiatives, including preparation of annual budget, outer-year forecast, cash management while ensuring data quality and information value add to the business
- Drive operational excellence, process improvement and productivity enhancement

Others
- Projects/initiatives finance lead. Propose/assess accounting outcome and financial implications to allow the project team to assess if the outcome is as anticipated and/or desirable
- Lead/Drive transformation initiatives and change management
- Ad-hoc assignments and projects. This includes finance support for M&A projects, capital structure review of investments, etc

**Key Requirements**
- Degree in Accounting from recognised university, CFA/CA (or equivalent) preferred
- At least 15 years of experience in finance business partnering, FP&A, reporting and investment monitoring,
- Experience in cost accounting and financial analysis experience in a manufacturing environment
- Highly proficient with MS Office (especially Excel and PowerPoint)
- Knowledge of S4 is an advantage
- Strong technical knowledge in accounting and corporate finance
- Strong analytical skills, logical thinking capability with strong inductive and deductive reasoning
- Excellent financial modelling skills. Able to build 3-statement models for dynamic scenario analysis
- Acumen to anticipate issues, address challenges, problem solve and propose actionable holistic solutions
- Meticulous with an eye for detail. At the same time keeping a big picture perspective of the expected overall outcome
- Sharp with strategic thinking ability and decision-making gumption
- Value-based, resilient and able to operate in ambiguity
- High curiosity and self-learning drive, able to stay focused under demanding time pressure
- Strong planning skills to support