General Finance Job Scope
1. Financial Management & Reporting
- Prepare monthly, quarterly, and annual financial statements (e.g. P&L, balance sheet, cash flow).
- Ensure accuracy and compliance with accounting standards and company policies.
- Analyze financial data to identify trends, variances, and opportunities for improvement.
2. Budgeting & Forecasting
- Assist in preparing annual budgets and periodic forecasts.
- Monitor actual performance against budgets and report deviations.
- Provide financial insights to management for strategic decision-making.
3. Accounts Payable & Receivable
- Process supplier invoices, staff claims, and payments.
- Issue invoices to customers and follow up on outstanding receivables.
- Maintain accurate records of all financial transactions.
4. Cash Flow & Treasury Management
- Manage daily cash flow and bank reconciliations.
- Ensure sufficient funds for operations and timely payments.
- Liaise with banks on financing, deposits, and account matters.
5. Audit & Compliance
- Coordinate with internal and external auditors.
- Ensure compliance with statutory regulations (e.g. IRAS, ACRA).
- Maintain proper documentation for audit and tax purposes.
6. Taxation
- Prepare GST submissions and assist in corporate tax filings.
- Support tax agents and ensure timely submission of returns.
7. Process Improvement
- Review and enhance financial systems, controls, and workflows.
- Support digitalization or ERP system implementations.
Optional (for Senior or Managerial Finance Roles)
- Develop financial strategies and risk management frameworks.
- Oversee investment and capital expenditure planning.
- Lead and mentor the finance team.