Senior Finance Manager (Automotive Industry)

Hong Seh Motors Pte Ltd; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Finance Manager to lead their finance team and manage financial operations. In this pivotal role, you will prepare budgets, analyze financial reports, and ensure timely audits. Your expertise in cash flow management and strong analytical skills will drive the company's financial strategy. This position also offers the opportunity to collaborate with sales and operations teams, enhancing pricing strategies and financing options. If you are passionate about finance and ready to make a significant impact in the automotive sector, this role is perfect for you.

Qualifications

• Minimum 5 years of experience in finance, ideally in the automotive industry.
• Strong analytical skills and proficiency in ERP systems.

Responsibilities

• Prepare budgets and forecasts based on market trends and historical data.
• Oversee the finance team and ensure adherence to financial processes.
• Manage cash flow and ensure timely financial audits.

Skills

Financial Analysis

Budgeting

Cash Flow Management

Analytical Skills

ERP Systems

Accounting Knowledge

Tax Knowledge

Team Leadership

Education

ACCA or Degree in Accounting

Tools

Autoline

Job description

Responsibility:

• Prepare budgets and forecasts based on market trends, company goals, andhistorical data.

• Analyze financial reports to assess profitability and areas for cost reduction.

• Ensure proper allocation of resources to various departments.

• Prepare monthly financial statements, revaluation tasks, balance sheets, and cash flow reports for entities within the group.

• Ensure timely month-end closing and provide necessary schedules as required.

• Ensure the timely completion of the yearly financial audit.

• Handle GST-related matters, including preparation and submission of returns to IRAS.

• Manage cash flow to ensure the company meets all its financial obligations.

• Oversee credit control and collections to optimize working capital.

• Oversee the finance team, provide guidance, and ensure that financial processes and policies are followed.

• Collaborate with the sales and operations teams to develop strategies for pricing, promotions, and financing options that drive revenue.

• Handle any additional accounting functions or projects as assigned by management

Requirement:

• Minimum ACCA/Degree or professional qualification.

• Knowledge in Accounting, Tax.

• Minimum 5 years of relevant experience ideally in the automotive industry with Audit experience will be advantageous.

• Oversee month-end and year-end closing processes.

• Manage cash flow and liaise with banks for fund transfers.

• Prepare financial reports and ensure timely audits.

• Lead and manage the finance team.

• Strong analytical skills and proficiency in ERP systems, preferably Autoline.

• Experience in financial planning and forecasting.

• Chinese language proficiency is a plus as this role required regular interaction with our automotive partners based in China