Assistant Finance Manager

BIDFOOD SINGAPORE PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading food service company in Singapore is seeking an experienced finance professional to manage month-end closing, oversee finance operations, ensure compliance with tax regulations, and lead a dynamic team. The ideal candidate will possess a Bachelor’s degree in Accounting or Finance, with at least 5 years of relevant experience, including supervisory responsibilities. This role requires strong analytical skills, effective communication, and proficiency in ERP systems like Microsoft Dynamics.

Qualifications

• Minimum 5 years of accounting experience, with at least 1 year in a supervisory role.
• Good understanding of IFRS reporting requirements and tax legislations.
• Ability to communicate financial information effectively to stakeholders.

Responsibilities

• Manage month-end closing and deliver accurate financial reports.
• Oversee day-to-day finance operations covering AP, GL, Inventory and Assets.
• Ensure compliance with corporate tax and GST reporting.
• Supervise and coach team members to foster collaboration.

Skills

Accounting

Financial Reporting

Variance Analysis

Tax Compliance

Analytical Skills

Communication Skills

Microsoft Excel

People Management

Education

Bachelor’s degree in Accounting or Finance

ACCA, CA / CPA

Tools

Microsoft Dynamics / Business Central

Job description

Key Responsibilities

1. Month-end closing, Financial Reporting and Analysis

• Manage month-end closing and deliver accurate, timely financial reports to Business Heads and Group.
• Perform variance analysis against budget and prior year; identify risks and opportunities and recommend corrective actions.
• Review reconciliations, journals and schedules prepared by team members for accuracy and compliance.

2. Finance Operations

• Oversee day-to-day finance operations covering AP, GL, Inventory and Assets. Identify issues and implement effective solutions proactively.
• Ensure efficient payment processes and proper expense control aligned with company policies.
• Monitor and optimize working capital; drive cash flow improvements.
• Evaluate the FX requirements, manage FX risks with appropriate FX hedging.
• Assist the Finance Manager and Financial Controller on external audits within tight deadlines.
• Challenge the status quo and streamline processes to improve productivity. Actively participate in finance digitization initiatives and ERP enhancements.

3. Tax and Regulatory Compliance

• Manage the full spectrum of corporate tax, ensure timely and accurate submissions and optimize tax incentives in collaboration with our tax advisors.
• Manage GST compliance and reporting, maintain our GST ACAP Premium status.
• Manage corporate secretarial matters in compliance with Companies Act and ACRA requirements. Ensure compliance with other requirements e.g., bank covenants, Department of Statistics, etc.

4. Leadership and Team Development

• Supervise, coach and motivate team members, fostering a culture of continuous improvements and collaboration.
• Work closely with the Finance Manager to achieve departmental goals.

Requirements

1. Qualifications: Bachelor’s degree in Accounting or Finance, or ACCA, with CA / CPA.
2. Experience: minimum 5 years’ experience of accounting experience, including at least 1 year in a supervisory role, preferably from a mid to large sales organization in a dynamic industry.
3. Good understanding of IFRS reporting requirements and various tax legislations (GST, corporate tax, transfer pricing).
4. Proficient in Microsoft Office, with advanced skills in Excel, and Microsoft Dynamics / Business Central ERP system.
5. Hands-on team player with strong analytical and problem-solving skills, plus attention to detail.
6. Excellent communication and interpersonal skills, with ability to effectively convey financial information clearly to stakeholders.
7. Ability to multi-task and meet tight deadlines in a fast-paced environment.