Assistant Finance Manager

STRIP PTE. LTD.; Singapore; On-site; SGD 90,000 - 130,000; Full time

Job summary

STRIP PTE. LTD. is seeking an Assistant Finance Manager to support finance operations across a portfolio of brands in Singapore.

The role reports to the Finance Manager/Senior Finance Manager and covers financial reporting, accounting operations, budgeting, cash flow management and internal controls. Experience in F&B, beauty, wellness, retail or hospitality is an advantage. Candidate will supervise a finance team, collaborate with operations and other departments, and drive process improvements

Qualifications

• Degree in Accountancy, Finance or a related discipline.
• Professional accounting qualifications such as CA, ACCA, CPA or equivalent are preferred.
• Minimum 5-8 years of relevant finance and accounting experience, with at least 2-3 years in a supervisory or managerial role.
• Experience in the F&B, beauty, wellness, retail or hospitality industries will be an advantage.
• Prior experience handling multi-outlet or multi-entity accounting operations is highly preferred.
• Strong knowledge of financial reporting, month-end closing, budgeting, forecasting and internal controls.
• Experience in supervising or leading a finance team.
• Proficient in Microsoft Excel and accounting systems.
• Strong analytical, organisational and problem-solving skills.
• Meticulous, hands-on and able to work independently in a fast-paced environment.
• Good communication and stakeholder-management skills.

Responsibilities

• Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger and bank reconciliations.
• Ensure timely and accurate preparation of monthly management accounts, financial reports and schedules.
• Assist in month-end and year-end closing activities, including preparation of journals, accruals and balance sheet reconciliations.
• Review financial transactions and accounting entries to ensure accuracy and compliance with accounting standards.
• Monitor outstanding payments, receivables and inter-company transactions.
• Assist in the preparation of annual budgets, financial forecasts and cash flow projections.
• Monitor actual financial performance against budget and provide variance analysis.
• Analyse revenue, expenses, operating costs and profitability across different brands and outlets.
• Identify cost-saving opportunities and areas for improvement in financial performance.
• Prepare financial reports and analysis to support management's decision-making.
• Ensure compliance with internal financial policies, procedures and statutory requirements.
• Review and strengthen internal controls to minimise financial risks and discrepancies.
• Coordinate with external auditors, tax agents and other relevant stakeholders for audit and tax-related matters.
• Assist in the preparation of audit schedules and supporting documentation.
• Ensure proper documentation and maintenance of accounting records.
• Monitor daily cash flow, bank balances and fund requirements.
• Oversee bank reconciliations and payment processes.
• Ensure timely processing of supplier payments and other financial obligations.
• Assist in managing working capital and improving cash flow efficiency.
• Work closely with Operations, Human Resources, Procurement and other departments on finance-related matters.
• Review outlet financial performance and highlight significant variances or irregularities.
• Support financial evaluations for new outlet openings, business expansion and other commercial initiatives.
• Provide financial insights and recommendations to improve operational efficiency and profitability.
• Supervise and guide the finance team in daily accounting and financial operations.
• Monitor work progress and ensure timely completion of assigned tasks.
• Provide guidance and support to team members to maintain accuracy and productivity.
• Assist in identifying process improvements and implementing more efficient finance workflows.

Skills

Financial reporting

Budgeting

Forecasting

Internal controls

Month-end closing

Cash flow management

Excel

Accounting systems

Stakeholder management

Team supervision

Education

Degree in Accountancy or Finance

CA / ACCA / CPA

Job description

About the Role

We are looking for a hands-on and detail-oriented Assistant Finance Manager to support the Group's finance operations across its portfolio of brands. Reporting to the Finance Manager / Senior Finance Manager, the successful candidate will assist in overseeing financial reporting, accounting operations, budgeting, cash flow management and internal controls. This role requires a strong finance professional who is able to manage daily finance activities, drive process improvements and work closely with various departments to support the Group's business objectives. Candidates with experience in the F&B, beauty, wellness, retail or hospitality industries, particularly within multi-outlet operations, will have an added advantage.

What We Are Looking For

We are looking for a proactive finance professional who possesses strong accounting fundamentals and the ability to manage day-to-day finance operations effectively. The successful candidate should be comfortable working with different departments, supervising team members and supporting management in driving financial accuracy, operational efficiency and business performance.

Key Responsibilities

1. Financial Reporting & Accounting Operations
   • Oversee daily accounting operations, including accounts payable, accounts receivable, general ledger and bank reconciliations.
   • Ensure timely and accurate preparation of monthly management accounts, financial reports and schedules.
   • Assist in month-end and year-end closing activities, including preparation of journals, accruals and balance sheet reconciliations.
   • Review financial transactions and accounting entries to ensure accuracy and compliance with accounting standards.
   • Monitor outstanding payments, receivables and inter-company transactions.
2. Budgeting & Financial Analysis
   • Assist in the preparation of annual budgets, financial forecasts and cash flow projections.
   • Monitor actual financial performance against budget and provide variance analysis.
   • Analyse revenue, expenses, operating costs and profitability across different brands and outlets.
   • Identify cost-saving opportunities and areas for improvement in financial performance.
   • Prepare financial reports and analysis to support management's decision-making.
3. Financial Controls & Compliance
   • Ensure compliance with internal financial policies, procedures and statutory requirements.
   • Review and strengthen internal controls to minimise financial risks and discrepancies.
   • Coordinate with external auditors, tax agents and other relevant stakeholders for audit and tax-related matters.
   • Assist in the preparation of audit schedules and supporting documentation.
   • Ensure proper documentation and maintenance of accounting records.
4. Cash Flow & Treasury Management
   • Monitor daily cash flow, bank balances and fund requirements.
   • Oversee bank reconciliations and payment processes.
   • Ensure timely processing of supplier payments and other financial obligations.
   • Assist in managing working capital and improving cash flow efficiency.
5. Business Partnering & Operational Support
   • Work closely with Operations, Human Resources, Procurement and other departments on finance-related matters.
   • Review outlet financial performance and highlight significant variances or irregularities.
   • Support financial evaluations for new outlet openings, business expansion and other commercial initiatives.
   • Provide financial insights and recommendations to improve operational efficiency and profitability.
6. Team Supervision & Development
   • Supervise and guide the finance team in daily accounting and financial operations.
   • Monitor work progress and ensure timely completion of assigned tasks.
   • Provide guidance and support to team members to maintain accuracy and productivity.
   • Assist in identifying process improvements and implementing more efficient finance workflows.

Requirements

• Degree in Accountancy, Finance or a related discipline.
• Professional accounting qualifications such as CA, ACCA, CPA or equivalent are preferred.
• Minimum 5-8 years of relevant finance and accounting experience, with at least 2-3 years in a supervisory or managerial role.
• Experience in the F&B, beauty, wellness, retail or hospitality industries will be an advantage.
• Prior experience handling multi-outlet or multi-entity accounting operations is highly preferred.
• Strong knowledge of financial reporting, month-end closing, budgeting, forecasting and internal controls.
• Experience in supervising or leading a finance team.
• Proficient in Microsoft Excel and accounting systems.
• Strong analytical, organisational and problem-solving skills.
• Meticulous, hands-on and able to work independently in a fast-paced environment.
• Good communication and stakeholder-management skills.