Finance Specialist

Nanofilm, listed on the Mainboard of the Singapore Exchange, is a leading provider of nanotechnology solutions in Asia, featuring its own proprietary technologies. Our products and services are integral to the smooth functioning of many technologies and tools essential to modern life. Our solutions serve as key catalysts, enabling our customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner.

Founded in 1999 as a high-tech spin-off from Nanyang Technological University, we offer surface solutions based on vacuum deposition, including our proprietary Filtered Cathodic Vacuum Arc (FCVA) technology. Headquartered in Singapore, the company has over 3,000 employees across Singapore, India, Germany, Japan, China, and Vietnam

We aim to achieve technological breakthroughs, redefine the boundaries of material sciences, and develop nanotechnology solutions that enable new end-product possibilities. Our goal is to be a future generation technology-based solutions company, with a vision of our advanced materials and nanoproducts being integrated into the daily lives of consumers worldwide.

Job Purpose

We are seeking an experienced European Finance Specialist to join our dynamic team at Nanofilm. Nanofilm is a leading provider of nanotechnology solutions, leveraging its proprietary technologies, core competencies in R&D, engineering and production, to provide technology-based solutions, through its operations across Asia and Europe, across a wide range of industries.

This role is pivotal in ensuring the alignment of financial systems and processes with our Corporate Headquarters, taking ownership in financial planning and analysis (FP&A), budgeting, and financial reporting of our European business. The ideal candidate should be comfortable with frequent travel between Singapore and Europe to oversee our financial operations and ensure adherence to local regulations as well as corporate financial standards.

Responsibilities

• Financial Systems and Process Alignment: Ensure that all financial systems and processes in our European operations are fully aligned with those of the Corporate Headquarters to enable seamless consolidation and standardization.
• Financial Planning and Analysis (FP&A): Lead the FP&A activities, including variance analysis, forecasting, scenario modeling, and strategic financial planning of the European business units.
• Budgeting and Budget Control:

1. Oversee the annual budgeting process, including the issuance of guidelines, validation of assumptions, and consolidation of submissions.
2. Ensure clear separation and control over Operational Budgets (day-to-day cost structure) and Project Budgets (NPI, Lean, automation, expansion).
3. Monitor and track actual spend versus budget; provide insights into risks and variances.

• Financial Accounting and Reporting: Manage all aspects of financial accounting and reporting, including R&D reporting, in compliance with IFRS and corporate policies. Ensure timely and accurate monthly, quarterly, and annual financial statements.
• Operational Finance – 4M Framework: Partner with Site Finance and Operations teams to implement the 4M framework for cost control and operational finance oversight:

1. Material – Monitor overconsumption, BOM deviation, and raw material yield.
2. Method – Track process loss, rework, routing gaps, and yield efficiency.
3. Machine – Assess downtime, equipment utilization, and cycle time variances.
4. Manpower – Analyze labor cost per unit, idle time, overtime, attrition and productivity.

• Costing analysis and allocation: Provide standard cost rollups, variance analysis, and accurate cost allocations to support margin analysis, manufacturing decisions, and commercial strategy.
• Fixed Asset & Investment Management:

1. Oversee all fixed asset controls, ensure tagging, tracking, and depreciation schedules are accurate and compliant.
2. Manage Capex budgeting and project investment reviews, including ROI, IRR, and Payback analysis.
3. Support post-investment evaluations and reporting to ensure strategic alignment and performance realization.

• Working Capital Management: Track and improve working capital performance by managing inventory turnover, monitoring AR aging and collection risks, and ensuring disciplined AP practices to support healthy cash conversion cycles.
• Tax and Local Regulations Compliance: Ensure compliance with local tax regulations and filings, leveraging expertise in local tax laws and international tax principles.
• Liaison with External Parties: Act as the primary contact for external auditors, tax advisors, BPO accounting firms and regulatory bodies in Europe.
• Team resources: Actively engage and coordinate with Group Finance and Shared Services teams to support transactional activities, process improvements, and resource leverage across geographies.

Requirements:

• Bachelor's degree in Accounting. A professional accounting qualification (e.g., CPA, ACCA) is favourable.
• A minimum of 6 years of experience in similar roles, with at least 2 years in a position that is able to work independently.
• Proven experience in financial reporting, budgeting, and FP&A.
• Strong knowledge of IFRS, while having basic knowledge in local European accounting standards and tax regulations being highly advantageous.
• Experience with financial systems implementation and process improvement.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Good interpersonal skills and experience in engaging cross-cultural teams.
• Effective communication and interpersonal skills, with the ability to interact with all levels of the organization and external parties.
• Fluent in English, with proficiency in another European language, such as German, being highly advantageous.
• Willingness to travel frequently between Singapore and Europe.

Working location

AxynTeC Dünnschichttechnik GmbH (a NanoFilm Company)

Am Mittleren Moos 36 1/2

D-86167 Augsburg