Finance Manager | $12,000 + Bonus (DW)

RECRUIT NOW SINGAPORE PTE. LTD.; Singapore; On-site; SGD 134,000 - 179,000; Full time

Benefits offered by this job

Career growth opportunity

Performance bonus

5-day work week

Job summary

RECRUIT NOW SINGAPORE PTE. LTD. is recruiting a Finance Manager for a Singapore-based dairy product and food ingredient company. The role leads treasury, budgeting, and financial planning, driving profitability and working capital improvements.

Responsibilities include managing cash, liquidity, banking facilities, hedging, budgeting, and financial reporting, with collaboration across operations, sales and procurement teams.

Qualifications

• Minimum 8 years experience in commodity trading treasury.
• Experience in foreign exchange hedging, banking facilities and trade finance.

Responsibilities

• Manage daily cash positions, cash flow forecasts and working capital requirements.
• Monitor receivables, payables and funding needs to ensure liquidity for operations.
• Oversee banking relationships and utilisation of facilities.
• Review financing costs and facility terms to optimise funding.
• Monitor FX exposure and implement hedging strategies.

Skills

Treasury management

Cash flow forecasting

Budgeting & forecasting

FX hedging

ERP systems

Tools

ERP systems

Job description

• $12,000 + Bonus

• Strategic Finance Leadership Role

• Drive Process Improvement & Finance Transformation

• Collaborative & Cross-Functional Environment

• Career growth opportunity

Our Client, is a Singapore-based food manufacturing company that specializes in dairy product manufacturing and food ingredient solutions, is inviting qualified candidates to fill the position of Finance Manager.

RESPONSIBILITIES:

• Manage daily cash positions, cash flow forecasts and working capital requirements.

• Monitor receivables, payables and funding needs to ensure sufficient liquidity for business operations.

• Manage banking relationships and coordinate the application, renewal and utilisation of banking and trade finance facilities.

• Review financing costs, facility terms and utilisation to optimise funding arrangements.

• Monitor foreign exchange exposure and execute approved hedging strategies in accordance with company policies.

• Prepare treasury reports covering cash positions, borrowings, facility utilisation and foreign exchange exposure.

• Lead annual budgeting, financial forecasting and management reporting.

• Analyse revenue, margins, operating expenses and business performance against budgets and forecasts.

• Identify key financial trends, risks and opportunities, and provide recommendations to management.

• Prepare financial models and scenario analyses to support business planning and investment decisions.

• Partner with operations, sales and procurement teams to improve profitability and working capital efficiency.

• Review and maintain standard costing for manufacturing operations.

• Analyse material, labour and production overhead variances, and investigate discrepancies with relevant teams.

• Review product costs and margins to support pricing and cost control decisions.

• Recommend improvements to costing accuracy, inventory controls and reporting processes.

• Support or lead finance system and ERP implementation, upgrades and process improvements.

• Work with internal teams and system vendors on requirements, testing, data migration and implementation.

• Improve financial reporting accuracy, efficiency and internal controls.

• Develop and maintain finance procedures to support effective treasury and financial management.

REQUIREMENTS:

• Minimum 8 years experience in commodity trading treasury.

• Experience in foreign exchange hedging, banking facilities and trade finance.

OTHER INFORMATION:

Location : Tuas

Working Days/Hours : 5 days, 8AM - 5.30PM

Salary: $12,000 + Bonus (salary will commensurate according to experience & qualifications)

The Company strives to achieve employee satisfaction and provides conducive working environment, attractive incentives and remuneration to all staff.

We regret only shortlisted candidate will be notified. All applications will be treated with the strictest confidence.