Associate Director (Finance)

ImpactAlpha; Singapore; On-site; SGD 180,000 - 260,000; Full time

Benefits offered by this job

No benefits information provided inthe

Job summary

Temasek Foundation seeks an Associate Director (Finance) to drive financial strategy and portfolio management for philanthropic capital deployment. You will bridge traditional finance with catalytic financing structures, advising senior leadership and building organizational capability in blended finance.

The role reports to the Head of Corporate Development and the Director of Finance, and involves multi-endowment budgeting, cash-flow management, and rigorous financial analysis across

Qualifications

• Degree in Accountancy, Finance, Economics or a related discipline.
• At least 10 years of relevant experience in finance, financial planning and analysis, investment, corporate finance, impact investing, development finance or a related field.
• Experience in blended finance, catalytic capital, investment analysis, due diligence or financial structuring.
• Strong financial and analytical capabilities, including budgeting, forecasting, financial modelling and analysis.
• Strong business-partnering and stakeholder-management skills.
• Ability to analyse unfamiliar or complex issues, exercise sound judgement and develop practical solutions.
• Strong written and verbal communication skills.
• Self-motivated, intellectually curious and comfortable working across both established financial processes and emerging areas of work.
• Prior experience in philanthropy, impact investing practices, development finance, sustainable finance or broader social-impact sector (advantageous).

Responsibilities

• Engage in programme design to assess affordability, financial sustainability, funding structures and delivery risks, and advise on the use of philanthropic capital in catalytic financing structures, including recoverable grants and guarantees
• Identify and develop catalytic capital opportunities with programme teams, including opportunities for collaboration and co-financing
• Support opportunities in sourcing, assessment, financial analysis, due diligence and structuring, applying appropriate financial, risk and governance frameworks
• Prepare recommendations, approval papers and proposed funding conditions for senior management
• Coordinate and maintain Temasek Foundation’s catalytic capital portfolio, including tracking the pipeline, commitments, deployment, financial performance, risks, impact monitoring and other relevant portfolio information
• Build networks and develop insights from Temasek Foundation’s catalytic capital portfolio to strengthen organisational knowledge and capability
• Support the development, and lead the management and monitoring, of programme budgets across gifted endowments, including allocation, utilisation and forward projections
• Manage cash-flow projections, including run rates, to ensure deployment remains aligned with plans
• Serve as the finance business partner to Impact Teams, including providing advice on budget utilisation, adherence to financial policies, variations, regulatory compliance and other programme-related financial matters
• Provide portfolio-level analysis and insights to support decisions on the allocation and deployment of philanthropic capital
• Strengthen financial planning, monitoring and reporting processes, including system enhancements, to improve visibility over Temasek Foundation’s philanthropic capital deployment

Skills

Financial analysis

Budgeting

Forecasting

Financial modelling

Stakeholder management

Communication skills

Strategic finance

Risk management

Education

Degree in Accountancy, Finance, Economics or related discipline

Job description

About Temasek Foundation

Temasek Foundation is a philanthropic organization established through endowments gifted by Temasek, Singapore’s sovereign wealth fund. The foundation operates as an independent entity dedicated to advancing social impact across multiple dimensions of community development and environmental sustainability. The foundation supports a diverse range of programmes that connect people, uplift communities, protect the planet, and advance capabilities in Singapore, Asia and beyond. Its work spans multiple sectors including education, healthcare, environmental conservation, and social enterprise development. Temasek Foundation’s programmes are strategically designed to create positive outcomes for individuals and communities in the present while building sustainable foundations for future generations. The foundation operates with a focus on catalytic capital deployment and blended finance mechanisms, working to maximize philanthropic impact through strategic structuring and partnerships. This approach enables Temasek Foundation to collaborate with governments, private sector partners, and other development organizations to tackle complex social and environmental challenges. The foundation’s work extends across Asia and globally, positioning it as a significant player in the development finance and impact investing landscape.

About this Role

The Associate Director (Finance) will play a critical role in driving the financial strategy and portfolio management of Temasek Foundation’s philanthropic capital deployment. This position sits at the intersection of finance and impact, requiring a sophisticated understanding of both traditional financial management and innovative catalytic financing structures that blend philanthropic capital with commercial investment to achieve social outcomes. The role encompasses two primary focus areas: catalytic capital structuring and portfolio management. In the catalytic capital domain, the Associate Director will engage in programme design to evaluate financial sustainability and develop innovative financing structures. In portfolio management, the role involves supporting the development and leading the management of programme budgets across multiple endowments, serving as a key financial business partner to impact teams throughout the organization. Reporting to both the Head of Corporate Development and Director of Finance, the Associate Director will operate at a senior level, providing strategic financial advice and recommendations to senior management while building organizational capability in blended finance and impact investing practices.

Responsibilities

• Engage in programme design to assess affordability, financial sustainability, funding structures and delivery risks, and advise on the use of philanthropic capital in catalytic financing structures, including recoverable grants and guarantees


• Identify and develop catalytic capital opportunities with programme teams, including opportunities for collaboration and co-financing


• Support opportunities in sourcing, assessment, financial analysis, due diligence and structuring, applying appropriate financial, risk and governance frameworks


• Prepare recommendations, approval papers and proposed funding conditions for senior management


• Coordinate and maintain Temasek Foundation’s catalytic capital portfolio, including tracking the pipeline, commitments, deployment, financial performance, risks, impact monitoring and other relevant portfolio information


• Build networks and develop insights from Temasek Foundation’s catalytic capital portfolio to strengthen organisational knowledge and capability


• Support the development, and lead the management and monitoring, of programme budgets across gifted endowments, including allocation, utilisation and forward projections


• Manage cash-flow projections, including run rates, to ensure deployment remains aligned with plans


• Serve as the finance business partner to Impact Teams, including providing advice on budget utilisation, adherence to financial policies, variations, regulatory compliance and other programme-related financial matters


• Provide portfolio-level analysis and insights to support decisions on the allocation and deployment of philanthropic capital


• Strengthen financial planning, monitoring and reporting processes, including system enhancements, to improve visibility over Temasek Foundation’s philanthropic capital deployment

Requirements

• Degree in Accountancy, Finance, Economics or a related discipline


• At least 10 years of relevant experience in finance, financial planning and analysis, investment, corporate finance, impact investing, development finance or a related field


• Experience in the field of blended finance, catalytic capital, investment analysis, due diligence or financial structuring


• Strong financial and analytical capabilities, including experience in budgeting, forecasting, financial modelling and analysis


• Strong business and commercial acumen, with the ability to understand financial issues in the context of broader programme and organisational objectives


• Strong business-partnering and stakeholder-management skills, with the confidence to provide advice and constructive challenge to internal stakeholders


• Ability to analyse unfamiliar or complex issues, exercise sound judgement and develop practical solutions


• Strong written and verbal communication skills, with the ability to synthesise financial and other information into clear insights and recommendations


• Self-motivated, intellectually curious and comfortable working across both established financial processes and emerging areas of work


• Prior experience in philanthropy, impact investing practices, development finance, sustainable finance or the broader social-impact sector (advantageous)

Benefits

• No benefits information provided in the job description