Finance Manager

YSB CONSTRUCTION & TRADING PTE LTD; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A prominent construction firm in Singapore seeks a Finance Manager to oversee financial strategies, reporting, and compliance. The ideal candidate has a strong background in construction finance, leading teams, and ensuring profitability on projects. You will develop financial strategies, manage costing, and support operations to thrive in a fast-paced environment.

Qualifications

• Minimum 5 to 8 years of progressive financial leadership experience within a construction or project-based environment.
• Strong knowledge of accounting and cost control for multiple simultaneous construction projects.
• Ability to analyze financial data, identify trends, and provide actionable insights.

Responsibilities

• Develop and implement financial strategies aligned with business objectives.
• Ensure timely filing of GST, corporate tax, and other statutory submissions.
• Track and manage cash flow and working capital.

Skills

Financial strategy development

Cost control management

Cash flow management

Team leadership

Financial reporting

Data analysis

Project accounting

Education

Bachelor’s degree in accounting, Finance, or related field

CPA, CA, ACCA, or equivalent professional qualification

Tools

Accounting software Business Central

Microsoft Excel

Job description

Key Responsibilities:

Finance Management & Reporting

• Develop and implement financial strategies aligned with business objectives; advise management on financial planning, investments, and risk management.
• Prepare, manage and submit monthly, quarterly and annual financial reports, budgets and forecasts for both projects and the company.
• Ensure timely preparation and closure of monthly accounts.
• Ensure timely filing of GST, corporate tax, and other statutory submissions to IRAS and ACRA.

Cost Control Management

• Implement and monitor strategies to control project costs, prevent overruns and ensure profitability and recommend corrective actions.
• Collaborate with project managers to monitor and control project costs, progress claims, variation orders, and retention sums.
• Review and approve tenders, subcontractor payments, and capital expenditures.
• Evaluate financial strength of clients for their payment ability and promptness.
• Ensure subcontractor and supplier payments are properly validated against contracts.

Cash Flow Management

• Track and manage cash flow, working capital, to ensure the company meets its operational and project-based financial needs.
• Assist Finance Director to manage and negotiate with Banks for financing facilities to support Invoice financing, BG and LC and deferred payment.
• Oversee all financial operations including managing the processes for Purchase Order, Billings, Collections, Payments, and payroll, by ensuring the operations are efficient, timely and internal controls are not compromised

Accounting & Compliance

• Oversee general ledger operations, account reconciliations, and ensure adherence to accounting standards, tax regulations, and internal policies.

Contract & Risk Management

• Review contracts to assess financial risk, track billing, manage retention, and support financial aspects of claims and disputes.

Team & Systems Oversight

• Supervise and mentor the finance / account team, and ensure the effective use and improvement of financial systems and construction accounting software.
• Foster a culture of continuous improvement and financial accountability throughout the organization.

Stakeholder Support

• Provide financial guidance and insights to management and project managers to support strategic decision-making.

Mandatory Requirement

• Bachelor’s degree in accounting, Finance, or related field.
• Minimum 5 to 8 years of progressive financial leadership experience within a construction or project-based environment is required.
• Strong knowledge of accounting and cost control for multiple simultaneous construction projects and contracts and Singapore Statutory requirements.
• Deep understanding of construction industry financial cycles (progress claims, retention, variation orders).
• Proficiency in accounting software Business Central and strong Excel and financial modelling skills.
• Ability to analyse financial data, identify trends and provide actionable insights.
• Demonstrated ability to lead and developing a finance / account team.
• Good understanding of project accounting, experience in managing project risks and implementing cost control measures.
• Excellent leadership, analytical, and communication skills.
• Ability to thrive in a fast-paced, deadline-driven environment.
• Strategic thinker with a hands-on approach to solving problems.

Additional Requirement

• CPA, CA, ACCA, or equivalent professional accounting qualification required

Work Location

• Jurong Area

Working Days & Working Hours

• 5.5 days weekly
• Monday to Friday : 8.30am to 5.30pm
• Saturday : 8.30am to 12.30pm