Finance Manager

Straits Developments Pte Ltd; Santo Niño 1st; On-site; PHP 5,935,000 - 7,913,000; Full time

Job summary

Straits Developments Pte Ltd seeks an experienced Finance Manager to lead group consolidation, financial reporting, and SGX-related disclosures for its listings-compliant framework. The role emphasizes managing the annual audit, presenting financial results to senior management, and ensuring adherence to IFRS/SFRS standards across the group.

The ideal candidate has extensive experience in consolidation, intercompany eliminations, and complex financial reporting, with proficiency in

Qualifications

• Must have degree in accounting/finance or related field.
• Professional qualification such as CA/CPA/ACCA or equivalent preferred.
• Strong experience in group consolidation and financial reporting.

Responsibilities

• Oversee timely consolidation of monthly, quarterly, half-yearly, and annual results.
• Prepare and review consolidation journals and intercompany eliminations.
• Ensure SGX/IFRS/SFRS reporting compliance and auditor coordination.
• Lead budgeting, forecasting, and financial analysis processes.
• Support group accounting policies and changes in accounting standards.

Skills

Group consolidation

Financial reporting

Stakeholder management

Analytical skills

Excel

Budgeting

Education

Degree in Accounting/Finance

Professional qualification (CA/CPA/ACCA)

Tools

Oracle

Hyperion

Job description

We are seeking an experienced Finance Manager with strong expertise in Group consolidation, financial reporting, and listed company reporting. The role will be responsible for overseeing the timely and accurate consolidation of the Group's financial results, preparation of audited financial statements, SGX reporting, management reporting, and accounting analysis.

KEY RESPONSIBILITIES

Group Consolidation & Financial Reporting

• Lead and oversee the timely and accurate consolidation of the Group's monthly, quarterly, half-yearly, and annual financial results.

• Prepare and review consolidation journals, intercompany eliminations, consolidation adjustments, and mapping of associates and joint ventures accounts.

• Review financial submissions from subsidiaries, associates, and joint ventures to ensure completeness, accuracy, and compliance with Group reporting requirements.

• Prepare and review financial reporting and hedge accounting schedules and ensure appropriate accounting treatments are applied.

• Deliver the Group's audited financial statements and ensure compliance with applicable accounting standards and regulatory requirements.

• Assist in the preparation of year-end Group audited financial statements and the Group's Annual Report.

SGX, Board & Management Reporting

• Prepare decks, including analysis of financial performance, key movements, and variances.

• Prepare quarterly presentations and financial results materials for senior management and the Board.

• Support the preparation of half-yearly SGX results announcements, SGX compliance checklists, and related financial reporting requirements.

Accounting Standards & Group Accounting Policies

• Review and update accounting policies and annual reporting process.

• Monitor developments in Singapore Financial Reporting Standards (SFRS) / IFRS and evaluate the potential impact of new and amended accounting standards on the Group's financial results and disclosures.

• Prepare accounting treatment memoranda and provide technical accounting advice on significant and complex transactions.

• Liaise with external auditors on year-end audit matters, technical accounting issues, and new financial reporting standard requirements.

Budgeting, Forecasting & Financial Analysis

• Support the Group's annual budgeting and forecasting process, including developing reporting timelines and coordinating submissions across subsidiaries and business units.

• Provide guidance to users on the preparation and upload of budgets and forecasts in finance systems

• Review consolidated budgets and forecasts and perform financial analysis of key assumptions and movements.

• Prepare presentation materials relating to the Group's budget and forecast.

Treasury, FX & Financial Analysis

• Provide Group financial information and consolidated numbers for treasury and foreign exchange reporting.

Audit, Compliance & Risk

• Coordinate with external auditors on Group audit matters and ensure timely resolution of audit queries.

• Ensure compliance with applicable SGX requirements, accounting standards, statutory requirements, and Group reporting policies.

• Maintain appropriate documentation and controls supporting the Group's financial reporting and consolidation process.

• Support the preparation of audit schedules, financial reporting documentation, and management representations.

Systems & Process Improvement

• Support finance and reporting system-related projects, including enhancements to Oracle/ Hyperion and other financial reporting systems.

• Identify opportunities to improve and streamline Group consolidation and reporting processes.

• Drive continuous improvement in reporting workflows, controls, automation, and data quality.

• Support system implementation, process enhancement, and other finance transformation initiatives.

Stakeholder & Team Management

• Work closely with finance teams across teams to ensure timely and accurate financial submissions.

• Provide guidance to finance teams on Group reporting requirements, accounting policies, consolidation matters, and reporting standards.

• Liaise effectively with senior management, auditors, investor relations, treasury, and other internal and external stakeholders.

• Supervise and develop finance team members involved in consolidation and financial reporting activities.

Others

• Participate in Group finance projects, corporate exercises, and other strategic initiatives as required.

• Provide analytical and execution support on ad hoc financial reporting and accounting matters.

REQUIREMENTS

• Degree in Accounting, Finance, or a related discipline; professional qualification such as CA, CPA, ACCA, or equivalent preferred.

• Minimum 8 - 10 years of relevant experience in accounting and finance, with strong experience in financial consolidation and group reporting.

• At least 3 years of supervisory or managerial experience.

• Strong knowledge of Singapore Financial Reporting Standards (SFRS) / IFRS and financial reporting requirements.

• Proven experience in group consolidation, intercompany eliminations, consolidated financial statements, and management reporting.

• Strong understanding of accounting principles, financial controls, audit processes, tax, and statutory requirements.

• Hands-on experience in budgeting, forecasting, variance analysis, and cash flow management.

• Experience in treasury operations, intercompany funding, and liquidity management will be an advantage.

• Experience working with multiple entities, subsidiaries, or business units in a Group environment.

• Prior work experience in a listed company will be essential

• Experience with Oracle and/or Hyperion will be essential

• Strong Excel skills and proficiency in financial reporting and accounting systems.

• Experience in finance transformation, process improvement, automation, or systems implementation will be an advantage.

• Strong analytical, problem-solving, and organisational skills.

• Excellent communication and stakeholder management skills, with the ability to work effectively across different entities and functions.

• Able to work independently, manage multiple priorities, and meet tight reporting deadlines in a fast-paced environment.

• Meticulous, detail-oriented, and highly accountable, with a strong commitment to accuracy and financial reporting quality.