Financial Controller

Focal Search Pte Ltd; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial services firm in Singapore is looking for a professional to manage budgets, conduct financial analysis, and establish internal controls. The position involves collaborating with management on annual budgets, performing variance analysis, and ensuring compliance with financial standards. Candidates should possess strong skills in financial modeling and cash management, contributing to improved operational efficiency and decision-making processes.

Qualifications

• Strong understanding of budgeting and forecasting processes.
• Ability to perform variance analysis and identify trends.
• Experience in establishing internal controls and compliance.

Responsibilities

• Collaborate with management to develop and manage the annual budget.
• Monitor budget execution and conduct variance analysis.
• Conduct financial analysis to support business decisions.
• Identify trends, risks, and opportunities through financial modeling.
• Manage cash flow and liquidity for operational needs.

Job description

Budgeting and Forecasting

• Collaborate with management to develop and manage the annual budget.
• Monitor budget execution and conduct variance analysis to identify areas for improvement or focus.
• Conduct financial analysis to support business decisions, investment opportunities, and cost-saving initiatives.
• Identify trends, risks, and opportunities through financial modeling and scenario analysis.
• Provide recommendations for improving financial performance and operational efficiency.

Internal Controls

• Establish and maintain internal control procedures to safeguard company assets and ensure the accuracy of financial data.
• Conduct regular reviews and audits to assess compliance with internal policies and procedures.
• Implement necessary corrective and improvement measures to strengthen internal controls.

Cash Management

• Manage cash flow and liquidity to ensure sufficient funding for operational needs and strategic investments.
• Monitor banking activities, including reconciliations, deposits, and withdrawals.

Financial Management System

• Design and establish the companys financial management system (chart of accounts, funding, taxation).
• Promote deep integration of finance and business, providing support for company decision-making through data analysis and financial reporting.
• Prepare accurate and timely monthly, quarterly, and annual financial statements, including income statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards and regulatory requirements.