Finance Manager

BW NEXUS PTE. LTD.; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A financial services company in Singapore seeks a Finance Manager to oversee the financial operations, compliance, and strategic planning across all group entities. The ideal candidate will hold a Bachelor's degree and a chartered accountant qualification, with at least 5 years experience in a fintech environment. Responsibilities include financial reporting, budgeting, and team leadership. This role is crucial in ensuring financial discipline and guiding business decisions.

Qualifications

• Minimum 5 years of relevant finance experience, preferably in e-wallet, payment services, or fintech.
• Strong technical knowledge of accounting standards and financial regulations.
• Solid understanding of transaction-based accounting and payment flows.

Responsibilities

• Oversee finance-related matters for all group or related companies across multiple jurisdictions.
• Review the financial operations of group entities and supervise the work of accountants.
• Ensure compliance with financial regulations, including MAS reporting and tax filings.
• Lead the budgeting, forecasting, and financial planning processes across all group entities.
• Provide financial insights and recommendations to support strategic decisions.

Skills

Accounting standards knowledge

Financial regulations understanding

Team leadership

Strategic financial insights

Budgeting and forecasting

Education

Bachelor’s degree in Finance, Accounting, or a related field

Chartered Accountant qualification (e.g., CA, CPA, ACCA)

Job description

Job Summary:

The Finance Manager is responsible for overseeing the day-to-day accounting, financial operations, reporting, compliance, and strategic planning across all companies under the group companies. This role plays a critical part in ensuring financial discipline, supporting regulatory compliance, and guiding business decisions in the fast-paced e-wallet and online payment services industry.

Key Responsibilities:

Group Finance Oversight

• Oversee finance-related matters for all group or related companies across multiple jurisdictions.
• Review the financial operations of group entities and supervise the work of accountants.
• Liaising with external parties for any finance related matters.

Financial Reporting & Compliance

• Oversee the preparation and analysis of monthly, quarterly, and annual financial statements in accordance with accounting standards.
• Ensure compliance with financial regulations, including MAS reporting and tax filings in Singapore, Japan, Canada, Hong Kong, and other applicable jurisdictions.
  Coordinate internal and external audits and follow up on audit findings to ensure timely resolution.
• Maintain financial policies, procedures, and internal controls.

Accounting & Reporting

• Oversee daily accounting operations, including AP, AR, payroll, and general ledger for all entities under the group.
• Lead month-end and year-end closing processes, ensuring timely reconciliation and reporting accuracy.
• Prepare and review monthly accounts and supporting schedules, ensuring they are properly maintained and documented.
• Maintain and update various financial schedules to support overall financial health and reporting.

Budgeting, Forecasting & Cash Management

• Lead the budgeting, forecasting, and financial planning processes across all group entities.
  Monitor cash flow and working capital requirements.
• Optimise fund flows and manage treasury functions, including FX risk and merchant settlement requirements.

Strategic Finance & Business Partnering

• Provide financial insights and recommendations to support strategic decisions, including new market entry and business model expansion.
• Support financial requirements for regulatory license applications and renewals.

Payment & Reconciliation Oversight

• Oversee transaction reconciliation processes across payment gateways, e-wallet systems, and bank accounts.
• Ensure proper revenue recognition of transaction fees, FX margins, interchange income, and other income streams.
• Work closely with Tech and Product teams to improve financial data integration, reconciliation efficiency, and automation of financial operations.

Team Leadership & Collaboration

• Lead and mentor the finance team.
• Collaborate cross-functionally with operations, compliance, tech, and business development teams.

Requirements:

• Bachelor’s degree in Finance, Accounting, or a related field.
• Chartered Accountant qualification (e.g., CA, CPA, ACCA) is strongly preferred.
• Minimum 5 years of relevant finance experience, preferably in e-wallet, payment services, or fintech.
• Strong technical knowledge of accounting standards (e.g., IFRS), financial regulations, and multi-jurisdiction tax compliance.
• Solid understanding of transaction-based accounting, payment flows, and digital reconciliation processes.
• Experience working with cross-border payments, PSPs, or stored value facilities.
• Knowledge of MAS Payment Services Act and customer fund segregation requirements.
• Exposure to virtual accounts, or digital asset-related accounting.