Finance Director

McDonald's Singapore; Singapore; On-site; SGD 150,000 - 250,000; Full time

Job summary

A leading company in the fast-food sector is seeking a Finance Director to shape and execute financial strategies. This role involves overseeing financial management, ensuring compliance, and driving profitability improvements. The ideal candidate will have a strong background in finance, with at least 10 years of experience and expertise in treasury management and financial reporting.

Qualifications

• Minimum 10 years of finance experience, preferably in QSR, retail, or FMCG.
• Strong expertise in internal controls and financial governance.
• Demonstrated success in leading cross-functional teams.

Responsibilities

• Oversee financial management activities focusing on cash management and treasury operations.
• Ensure compliance with accounting standards and corporate guidelines.
• Lead profitability improvement initiatives across the organization.

Skills

Financial systems

Data analysis

Process optimization

Treasury management

Internal audit

Financial reporting

Budgeting

Forecasting

Education

Bachelor’s degree in Finance, Accounting, Economics

CPA, CA, or MBA

Job description

The Finance Director partners closely with the Senior Director, Finance to shape and execute the financial strategy for McDonald’s Singapore. This role oversees the financial management activities, with a strong focus on cash management, treasury operations, and financial risk mitigation. You are instrumental in driving financial discipline across the organization, ensuring alignment between financial strategies and the company’s long-term growth objectives.

The role covers budgeting, financial reporting and analysis, internal controls, and audit oversight, and plays a critical part in maintaining liquidity, supporting sound capital allocation, and ensuring robust financial governance. Reporting directly to the Senior Director, Finance, you also collaborates extensively with senior leadership and cross-functional teams to support strategic decision-making and operational execution.

Key Responsibilities

Financial Control & Internal Audit

• Governance & Compliance: Ensure that financial practices comply with relevant accounting standards and corporate guidelines, safeguarding assets and ensuring integrity.
• Internal Controls: Develop and maintain robust internal control systems to prevent fraud and safeguard company assets.
• Audit Coordination: Manage internal audit processes, ensuring compliance and the identification of opportunities for efficiency improvements.
• Financial Reporting: Oversee the preparation and delivery of accurate and timely financial reports to senior management and corporate stakeholders.

Treasury & Capital Management

• Treasury Oversight: Oversee treasury functions including cash flow management, capital expenditures, and funding strategies, ensuring alignment with strategic goals.
• Interest Cost & Financial Reserves Management: Minimize interest costs and optimize the usage of financial reserves, leveraging financial instruments such as hedge funds when appropriate.
• Expenditure Management: Manage and justify capital expenditures and general & administrative costs to ensure they are aligned with business priorities and financial goals.

Profitability Growth & Financial Performance

• Profitability Improvement Taskforce: Lead cross-functional teams to improve profitability, identifying performance gaps and making recommendations to meet financial goals.
• Forecast & Performance Management: Regularly assess financial performance, ensuring alignment with forecasted results, and communicate realistic assessments of business conditions to the corporate team.
• Capital Expenditure & G&A Management: Ensure that capital expenditures and G&A are justified, controlled, and optimized for profitability.

Systems & Process Improvement

• Process Re-engineering: Identify and implement improvements in financial systems and processes to enhance efficiency and reduce operational workload.
• Cross-Functional Collaboration: Work with key stakeholders to streamline processes and align financial systems with business needs.

Financial Materials & External Communication

• Reporting for Stakeholders: Ensure financial materials are consolidated and communicated effectively for internal and external presentations, including quarterly reviews and annual reports.
• Bridge Between Corporate & Market: Act as a liaison between corporate finance and the Singapore market, ensuring financial plans align with company objectives.

What We’re Looking For

• Bachelor’s degree in Finance, Accounting, Economics, or a related field; CPA, CA, or MBA preferred.
• Minimum 10 years of finance experience, prior experience in QSR, retail, or FMCG sectors would be an added advantage.
• Strong proficiency in financial systems, data analysis, and process optimization.
• Expertise in treasury management, internal audit, financial reporting, budgeting, and forecasting.
• Strong expertise in internal controls and financial governance, with a proven ability to implement and maintain best practices.
• Demonstrated success in leading cross-functional teams, influencing stakeholders, and driving business decisions through financial insights.
• Ability to manage capital expenditures, G&A, and profitability improvement initiatives.