Cost Controller (Senior Manager/Manager)

TS GROUP PTE. LTD.; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A leading company is seeking an experienced financial manager to oversee consolidated financial reporting and effective cost management. This role involves leading budgeting processes, ensuring compliance with accounting standards, and providing strategic financial insights to stakeholders. Candidates should have a background in accounting or finance, with demonstrable experience in the hospitality industry being a plus. Excellent analytical skills and proficiency in Excel are essential.

Qualifications

• Minimum 6 years of relevant experience, preferably in the dormitory or hospitality industry.
• Proficient with advanced Excel functions for financial modeling.
• Experience in financial reporting, budgeting, forecasting, and cost control.

Responsibilities

• Lead preparation of consolidated financial statements across entities.
• Manage budgeting process and variance analysis.
• Ensure compliance with tax and GST regulations.

Skills

Financial Reporting

Budgeting

Forecasting

Cost Control

Cash Flow Management

Analytical Skills

Attention to Detail

Interpersonal Skills

Education

Bachelor degree in Accounting or Finance

Tools

Xero accounting software

MS Office

Job description

Key Responsibilities:

1) Financial Consolidation

• Lead the preparation of monthly, quarterly, and annual consolidated financial statements across multiple entities and jurisdictions.
• Ensure accuracy, consistency, and compliance with relevant accounting standards (e.g., IFRS or local GAAP).
• Manage intercompany transactions, eliminations, and reporting processes.
• Liaise with auditors and internal stakeholders during financial audits and group reporting cycles.

2) Cost Control and Analysis

• Develop and implement effective cost control frameworks across the business.
• Perform variance analysis between actual costs and budgets/forecasts, identifying key drivers.
• Recommend strategies for cost optimization and operational efficiency.
• Track and report cost trends for strategic decision support.

3) Financial Budgeting, Forecasting and Analysis

• Lead the full-cycle annual budgeting process and periodic rolling forecasts.
• Develop detailed financial forecasts, incorporating business assumptions, macroeconomic factors, and sensitivity scenarios.
• Analyze business performance, identify risks/opportunities, and provide strategic recommendations to management.
• Collaborate with business units to align financial plans with operational objectives.

4) Financial Modeling

• Build and maintain robust financial models for investment evaluation, pricing strategies, business case development, and M&A activities.
• Conduct scenario planning, stress testing, and ROI analysis to support high-level decision-making.
• Present findings to senior management with clear assumptions and justifications.

5) Cash Flow Management

• Monitor daily, weekly, and monthly cash flow to ensure optimal liquidity and working capital efficiency.
• Manage cash flow forecasting, fund utilization, and treasury activities.
• Support financing arrangements and maintain strong banking relationships.
• Identify opportunities for cash savings and investment strategies.

6) Tax and GST Compliance

• Ensure timely and accurate filing of corporate income tax, GST, and other statutory obligations.
• Liaise with tax agents, auditors, and authorities on tax matters and assessments.
• Monitor regulatory changes and ensure the business remains tax-compliant across jurisdictions.
• Support transfer pricing, withholding tax, and indirect tax planning activities.

7) Risk Management, Compliance & Corporate Governance

• Establish and maintain robust financial governance frameworks and internal controls.
• Ensure adherence to internal policies and external regulatory requirements.
• Oversee compliance with:

a) Anti-Bribery and Corruption (ABC) policies

b) Personal Data Protection Act (PDPA) obligations

c) Environmental, Social, and Governance (ESG) reporting standards

• Support corporate governance initiatives, including policy development, board reporting, and statutory compliance.
• Participate in risk assessments, audits, and compliance reviews, and lead the implementation of corrective actions.

8) Reporting and Presentation

• Prepare high-quality financial reports and management dashboards with insights tailored for executive-level stakeholders.
• Use advanced Excel functions (e.g., pivot tables, Power Query, VBA/macros) for financial modeling and analysis.
• Design professional and strategic PowerPoint presentations for board meetings, investor updates, and internal communications.

Requirements:

• Bachelor degree in Accounting or Finance
• Minimum 6 years of relevant experience, preferably within the dormitory or hospitality industry
• Proficient with MS Office, particularly Excel
• Hands-on experience with Xero accounting software
• Strong expertise in financial reporting, budgeting, forecasting, cost control, and cash flow management
• Excellent analytical and problem-solving abilities
• High attention to detail and accuracy, with the ability to manage complex financial documentation
• Strong interpersonal and stakeholder management skills
• Clear and effective communication across all levels of the organization