Head of Finance

PERSOLKELLY SINGAPORE PTE. LTD.; Singapore; On-site; SGD 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a seasoned finance professional to lead financial reporting and compliance. In this pivotal role, you will prepare accurate financial statements and reports, ensuring adherence to SFRS/IFRS standards while liaising with the Korean head office. Your expertise in budgeting and tax compliance will drive strategic financial planning and performance analysis. This role offers an opportunity to cultivate relationships with key stakeholders and mentor junior staff, all while contributing to the organization's long-term goals. If you have a passion for finance and a strong background in the banking sector, this position is perfect for you.

Qualifications

• 10+ years of experience in finance/accounting, preferably in banking.
• Strong expertise in SFRS/IFRS and understanding of K-GAAP.

Responsibilities

• Lead preparation of financial statements and group reporting packages.
• Drive budgeting and forecasting processes aligned with corporate objectives.
• Oversee tax compliance and manage relationships with stakeholders.

Skills

Financial Reporting

Budgeting

Tax Compliance

Financial Analysis

Stakeholder Management

Korean Language

Education

Bachelor’s degree in Business Administration

Master’s degree or CPA/CFA

Job description

Key Responsibilities:

1. Financial Reporting

· Lead the preparation of accurate and timely financial statements (monthly, quarterly, and annually) in accordance with SFRS/IFRS and local regulatory standards.

· Prepare group reporting packages and liaise with the Korean head office to ensure consistency with K-GAAP requirements.

· Coordinate with external auditors to support statutory audits and ensure compliance with relevant reporting standards.

2. Financial Planning & Budgeting

· Drive the budgeting and forecasting processes, ensuring financial plans align with corporate objectives.

· Monitor financial performance against budgets and forecasts and provide variance analysis and recommendations to senior management.

· Support scenario modeling and financial analysis for business planning and decision-making.

3. Tax & Regulatory Compliance

· Oversee tax computation, reporting, and filing in accordance with Singapore tax laws.

· Work with tax advisors to manage tax planning strategies and ensure compliance with all statutory obligations.

· Monitor changes in local tax and accounting regulations and assess their impact on financial operations.

4. Treasury Support

· Support Treasury in cash flow management, short-term funding, and intercompany transactions.

· Monitor bank balances, currency positions, and financial arrangements to ensure liquidity needs are met.

· Assist in treasury-related reporting and compliance as required by internal policy or group standards.

5. Stakeholder & Relationship Management

· Cultivate strategic relationships with key stakeholders, including senior management, investors and industry leaders ensuring alignment with the Bank’s long-term strategic objectives.

· Communicate complex financial concepts clearly to senior management and other stakeholders, ensuring alignment with business objectives and strategies.

· Provide guidance, coaching, and training to junior staff to develop their skills and enhance the overall team’s capabilities.

· Communicate closely with Parent Bank regarding projects, business development and strategies that align with the organization goals.

5. Liaison with Parent Bank in Korea

· Serve as the primary finance contact for the Korean head office, ensuring accurate and timely delivery of required financial reports and group

consolidation data.

· Translate key financial insights and bridge accounting differences between SFFRS/IFRS and K-GAAP where applicable.

Requirements:

· A Bachelor’s degree in Business Administration, Finance, Economics, or a related field. A Master’s degree or professional certifications (such as CPA, CFA) are highly desirable.

· At least 10 years of experience in finance/accounting, preferably in the banking or financial services sector.

· Strong expertise in SFRS/ IFRS and a solid understanding of Korean GAAP (K- GAAP).

· Proven experience in budgeting, financial reporting, and tax compliance in Singapore.

· Proficient in written and oral business Korean to liaise effectively with Korean counterparts and prepare management reports for Parent Bank.

· Strong attention to detail, analytical ability, and communication skills.