Finance Manager (Marine and Offshore)

DIRECT SEARCH ASIA PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A Singapore-based financial management firm is seeking an experienced Finance Manager to oversee the finance team and ensure timely accounting activities. The successful candidate will have at least 3 years of experience in finance management, a Bachelor's degree in Accounting or Finance, and proficiency in Excel. Responsibilities include monitoring P&L, performing bank reconciliations, and collaborating with other departments to improve financial performance.

Qualifications

• Minimum 3 years of experience as a Finance Manager.
• Proficiency in MS Office applications, especially Excel.
• Ability to communicate effectively in formal English, both written and oral.

Responsibilities

• Manage the finance team in Singapore.
• Ensure timely performance of all accounting activities.
• Monitor P&L evolution vs budget and report to top management.
• Review payroll for the Singapore office.
• Establish or update internal procedures.
• Ensure accurate recording of supplier invoices.
• Manage third parties’ payments and approve bank payments.
• Provide monthly cash forecast report.
• Monitor tax declaration in accordance with legal requirements.
• Monitor external audits.
• Update internal procedures.
• Ensure constructive relationships with other departments.
• Review employees’ payroll of the Singapore office.
• Set up monthly KPIs for the department.

Skills

Accounting

Financial Analysis

Excel Proficiency

Team Management

Communication

Education

Bachelor's degree in Accounting or Finance

Job description

Responsibilities & Duties

• To manage the finance team in Singapore.
• To ensure the accounting team is properly performing all expected daily AP, AR and GL tasks, and to give them proper guidelines to fulfill their mission.
• To ensure an accurate and timely monthly closing (accruals, accounts matching, intercompany matching)
• To ensure all accounting activities are performed timely in accordance with client rules and in compliance with the regulations.
• To monitor P&L evolution vs budget and regularly report to the top management.
• To analyze P&L and Balance Sheet (variances, gaps…).
• To ensure supplier invoices are recorded accurately and timely.
• To manage all third parties’ payments and approve bank payments within bank portals and TRAX as per bank signatory’s mandates.
• To ensure bank reconciliations are accurate and performed timely.
• To provide a monthly cash forecast report.
• To monitor tax declaration in accordance with specific legal requirements.
• To monitor the external audits.
• To establish or update internal procedures.
• To ensure constructive and fruitful relationship with other departments and company’s partners (Payroll and Crewing teams in Singapore, manning agencies) in order to drive the organization’s financial performance, process improvement, and value addition to the Group company.
• To review the employees’ payroll of the Singapore office.
• To set up the department’s monthly KPIs and to be a business partner for the managing director and Ships management.

Minimum Qualifications

• Bachelor’s degree in Accounting or Finance
• Proficiency in MS Office applications especially in Excel
• Proper command in formal English, both in written and oral
• Minimum 3 years of experience as a Finance Manager