Controller, Finance and Governance for TTFA

Temasek Trust Ltd.; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

Temasek Trust Ltd. is seeking a Controller, Finance and Governance for TTFA to oversee donor-advised funds, accounts payable/receivable, cash management, and year-end close.

The role reports to the Head of Finance and Governance and requires a degree in Accountancy with at least 5 years of experience, including audit exposure. You will ensure regulatory compliance with IRAS/ACRA/MAS, manage budgets, and improve financial processes leveraging technology and AI-enabled workflows in a philanthropy

Qualifications

• Degree in Accountancy or equivalent.
• At least 5 years of working experience.
• Open to candidates with audit experience only.
• Meticulous and able to multi-task.
• Good communication - both written and verbal and inter-personal skills.
• Analytical mind with an eye for detail and desire to probe further into data.
• Negotiation skills and the ability to develop strong working relationships.
• Strong business and financial acumen and ability to understand business drivers and their financial implications.
• Able to adhere to tight deadlines / time constraints.
• Ability to manage highly confidential information.
• Tech-savvy – ability to handle spreadsheets and systems processes, use of AI to enhance workflows.

Responsibilities

• Donor Advised Funds management
• Setting up donor fund
• Issuance of donation receipts
• Tracking of receipts for IRAS reporting
• Processing of program disbursements
• Tracking of donor funds and preparation of Donor statements
• Accounting treatment for various fiscal sponsorships
• Maintenance of approved investments for donors
• Accounts Payable: processing all invoice payments and staff claims
• coding of invoices and claims to facilitate budget tracking.
• Tracking of expenses based on approved budget.
• Accounts Receivable: Billing for advisory and foundation management fees
• Cash management: Tracking of liquidity and funding requirements
• Year end and Month end closing: Preparation of month-end schedule
• Preparation of audit schedules and audit confirmation
• Consolidation of accounts
• Preparation of annual financial statements
• Group reporting to Parent company
• Expense Management: Annual Budget process
• Tracking of spend against budget and funding limits
• Regulatory Compliance: Ensure compliance with relevant regulatory requirements – Commissioner of Charities, IRAS, ACRA, MAS
• Regulatory reporting – CoC, Approved Grant-Maker
• Tax reporting – Corporate Tax, Withholding Tax
• Board and board committees meeting agendas and logistics
• Prepare financial reports, board papers, and presentation materials for Board and board committees
• Projects: Annual Budget process
• Automation and enhancement of systems and processes

Skills

Meticulous

Multi-tasking

Communication skills

Analytical mind

Negotiation skills

Confidential information handling

Tech-savvy

Education

Degree in Accountancy or equivalent

Job description

Job Description

Temasek Trust is the philanthropy arm of Temasek Holdings, with community stewardship goals of protecting the planet, uplifting communities, connecting people, and advancing capabilities. By forging new pathways in philanthropy and impact investing with like-minded partners, Temasek Trust advances catalytic philanthropy as a force for good. Through the Temasek Trust Collective (TTC), an ecosystem of organisations united by a shared purpose of building better for every generation, it harnesses diverse capabilities to build capacity, convene partnerships, mobilise capital, and catalyse solutions to create lasting impact. For more information, visit www.temasektrust.org.sg. Follow us on LinkedIn, Instagram, Facebook, and YouTube.

TT Foundation Advisors was established since 2024 to provide philanthropy advisory and management services to philanthropists, private foundations, family offices and corporate foundations.

More info:

https://www.temasektrust.org.sg/

https://ttfa.sg/

Designation:

Controller, Finance and Governance for TTFA

Reporting to:

Head, Finance and Governance

Responsibilities:

Donor Advised Funds management

• Setting up of donor fund
• Issuance of donation receipts
• Tracking of receipts for IRAS reporting
• Processing of program disbursements
• Tracking of donor funds and preparation of Donor statements
• Accounting treatment for various fiscal sponsorships
• Maintenance of approved investments for donors

Accounts Payable

• processing all invoice payments and staff claims
• coding of invoices and claims to facilitate budget tracking.
• Tracking of expenses based on approved budget.

Accounts Receivable

• Billing for advisory and foundation management fees

Cash management

• Tracking of liquidity and funding requirements

Year end and Month end closing

• Preparation of month-end schedule
• Preparation of audit schedules and audit confirmation
• Consolidation of accounts
• Preparation of annual financial statements
• Group reporting to Parent company

Expense Management

• Annual Budget process
• Tracking of spend against budget and funding limits

Regulatory Compliance

• Ensure compliance with relevant regulatory requirements – Commissioner of Charities, IRAS, ACRA, EDB, MAS
• Regulatory reporting – CoC, Approved Grant-Maker
• Tax reporting – Corporate Tax, Withholding Tax
• Board and board committees meeting agendas and logistics
• Prepare financial reports, board papers, and presentation materials for Board and board committees

Projects

• Annual Budget process
• Automation and enhancement of systems and processes

Requirements:

• Degree in Accountancy or equivalent
• At least 5 years of working experience
• Open to candidates with audit experience only
• Meticulous and able to multi-task
• Good communication - both written and verbal and inter-personal skills
• Analytical mind with an eye for detail and desire to probe further into data
• Negotiation skills and the ability to develop strong working relationships
• Strong business and financial acumen and ability to understand business drivers and their financial implications
• Able to adhere to tight deadlines / time constraints
• Ability to manage highly confidential information
• Tech-savvy – ability to handle spreadsheets and systems processes, use of AI to enhance workflows