Finance Manager

NANYANG INSTITUTE OF MANAGEMENT PTE LTD; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading education provider in Singapore is seeking a Finance Manager to oversee financial operations and strategic planning. The ideal candidate must have a degree in finance or accounting, professional certification, and at least 5 years of experience in financial management within the education sector. This role involves leading a small team, managing budgets and ensuring compliance with local financial regulations.

Qualifications

• 5 years of progressive financial management experience in an international private education setting.
• Comprehensive knowledge of Singapore's financial regulations and accounting standards.
• Strong business acumen and budgeting skills.

Responsibilities

• Lead and manage the finance team in day-to-day operations.
• Develop and monitor annual budgets.
• Prepare financial statements and ensure accuracy.
• Conduct financial analysis for academic program planning.
• Ensure compliance with financial regulations.

Skills

Financial analysis

Strategic planning

Leadership

Communication skills

Budgeting

Education

Bachelor or Master's degree in Finance, Accounting or related field

Professional certifications (ACCA, CPA, CA)

Tools

Infotech

Sage300

Job description

Established in 2001, Nanyang Institute of Management ("NIM") is a forward-looking premier education provider in the region. At NIM, we focus on "Nurturing Today for Tomorrow" with a student-centric culture that places learning needs above all else. We pride ourselves on the ability to offer an environment that is geared towards achieving academic and teaching excellence while nurturing our students as a whole.

We have an exciting career opportunity for the position of Finance Manager and invite industry professionals to join us in our mission.

The Role:

The Finance Manager will report directly to the President and play a key role in providing strategic financial planning. Leading a team of two Accounts Executives, ensuring accurate and timely financial reporting and driving initiatives to improve cost efficiency and operational performance.

Key Responsibilities:

• Lead and manage the finance team in day-to-day operations, including accounts payable & receivable, payroll and financial reporting.
• Develop and monitor annual budgets in alignment with the institution's strategic goals.
• Prepare monthly, quarterly and annual financial statements, ensuring accuracy and timely reporting to the management.
• Conduct financial analysis to support the planning of future academic programs and initiatives.
• Implement and monitor financial policies, procedures, and internal controls.
• Collaborate with heads of departments to forecast and optimise resources.
• Ensure compliance with financial regulations and reporting standards.
• Manage cash flow and optimise financial operations to support the institution's growth.
• Review monthly payroll and perform bank submission for staff and adjunct lecturers.
• Any other duties as assigned.

Requirements:

• Bachelor or Master's degree in Finance, Accounting or related field.
• Professional certifications such as ACCA (Association of Chartered Certified Accountants) or CPA (Certified Public Accountant) or CA (Chartered Accountant).
• 5 years of progressive financial management experience, within an international private education setting.
• Comprehensive knowledge of Singapore's financial regulations and accounting standards.
• Strong business acumen, financial analysis, forecasting and budgeting skills.
• Good communication skills and the ability to work collaboratively across teams.
• Proficiency in Infotech and Sage300 would be an advantage.