Finance Manager

BYD by 1826 Pte Ltd; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading firm in the food and beverage sector in Singapore is seeking a Financial Manager. The role ensures financial health and compliance with regulations, managing budgeting, forecasting, and financial reporting. The ideal candidate will have at least 2 years as a Finance Manager, with over 5 years in finance roles, preferably in the F&B industry. Strong leadership and communication skills are essential. This opportunity offers a dynamic work environment.

Qualifications

• At least 2 years of experience as a Finance Manager.
• More than 5 years of working experience in a finance role.
• Relevant experience in the F&B industry preferred.

Responsibilities

• Manage day-to-day accounting activities and prepare financial statements.
• Develop and monitor budgets, forecast financial performance.
• Establish and maintain strong internal controls.
• Monitor and manage cash flow for sufficient liquidity.
• Analyze financial data to identify trends and improvement areas.
• Ensure compliance with tax laws and prepare tax returns.
• Collaborate with external auditors and manage audits.

Skills

Financial analysis

Cash flow management

Tax compliance

Internal controls

Budgeting and forecasting

Leadership

Communication skills

Education

Degree in Finance & Accounting

Job description

The Financial Manager is to ensure the F&B business entity’s financial health and resources are in proper order for operational efficiency. You must ensure the finance and accounting compliance with statutory law, finance, and tax regulations; cash flow and budget planning and forecasting; financial reporting and audit preparation.

Key Responsibilities

• Financial Accounting and Reporting: Manage day-to-day accounting activities, prepare financial statements (e.g., balance sheets, income statements), and ensure compliance with relevant accounting standards.

• Budgeting and Forecasting: Develop and monitor budgets, forecast future financial performance, and analyze variances.

• Internal Controls: Establish and maintain strong internal controls to prevent fraud and ensure the integrity of financial information.

• Cash Flow Management: Monitor and manage cash flow to ensure sufficient liquidity and optimize financial performance.

• Financial Analysis: Analyze financial data to identify trends, cost reduction opportunities, and improvement areas.

• Tax Compliance: Ensure compliance with tax laws and regulations, prepare tax returns, and manage tax liabilities.

• Audit Coordination: Collaborate with external auditors and manage the audit process.

Job Requirements

• A Degree in Finance & Accounting with at least 2 years of experience as a Finance Manager and more than 5 years of working experience in a finance role.

• Relevant experience in F&B industry is preferred.

• Strong financial knowledge and understanding of compliance regulations and practices.

• Proficiency in financial management, cash flow planning, audit planning, execution, and reporting.

• Ability to identify risk and assess potential financial risks.

• Ability to analyze data, identify trends, anomalies, and make informed decisions.

• Good interpersonal and communication skills, able to work with stakeholders at different levels.

• Attention to detail and critical thinking are required to analyze complex information and make sound judgments.

• Good organization skills, managing multiple tasks, and meeting deadlines in a fast-paced and growing environment.

• Leadership skills to supervise and develop the finance team, provide guidance, and support.