M to SM, Financial Planning & Analysis (MTI Budget Management & Reporting)

Public Service Division; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading governmental agency seeks a financial advisory professional to manage budget functions and provide expert analysis. The role involves collaborating with various departments to ensure effective budget management, advising stakeholders on financial matters, and leveraging data analytics tools for decision-making. Applicants should possess a Chartered Accountant qualification and a strong analytical background.

Qualifications

• More than 3 years of related experience required.
• Experience with financial data analysis and risk assessment is preferred.
• Hands-on experience with data analytics and visualization tools is beneficial.

Responsibilities

• Support MTI budget and projection exercises, including variance analysis.
• Serve as a strategic adviser to Line Units, providing financial insights.
• Participate in business process re-engineering leveraging digital tools.

Skills

Analytical thinking

Financial data analysis

Business acumen

Project/financial risk assessment

Education

Chartered Accountant

Tools

MS Excel

MS PowerPoint

Workday financial system

Power Query

Data analytics tools

Python

Job description

[What the role is]

Part of the FPA department which is responsible for STB corporate budget management, MTI reporting, fund and investment management, financial advisory, and building financial capabilities in STB.

[What you will be working on]

• MTI Budget management and reporting

  • Support MTI budget and projection exercises (including 5-year block budget), whose scope includes reviewing submissions, monitoring and reporting of budget utilisation and variance analysis

  • Prepare reporting submissions to MTI, whose scope includes reviewing figures and writeups submitted by Line Units

  • Provide advisory to Line Units on funding matters, processes and day-to-day budget operational matters

  • Perform budget upload and transfer of funds in finance system

  • Prepare budget dashboards

  • Prepare the drawdown of funds from MTI

  • Support year-end reporting relating to MTI matters

  • Ad-hoc request from MTI

• STB Corporate Budget Management

  • Support STB corporate budget and projection exercises, whose scope includes reviewing submissions, monitoring and reporting of budget utilisation and variance analysis

  • Provide advisory to Line Units on day-to-day budget operational matters

  • Perform budget upload and transfer of funds in finance system

  • Prepare budget dashboard

• Business Partnering and Analysis

  • Serve as a strategic adviser to Line Units, providing financial insights and recommendations to support business cases and operational needs.

  • Provide financial expertise and partner Line Units to evaluate business cases, capital investments and strategic initiatives. This include but not limited to financial risk assessment, cost-benefit analysis, cashflow analysis, lifecycle costing.

  • Provide financial advisory on financing models.

  • Assist Line Units in the assessment of the financial health of grant applicants and project partners

• Participate in business process re-engineering, leveraging on digital tools

• Ad hoc projects

[What we are looking for]

• Showing good businessacumen, analyticalthinking and judgement

• Working effectivelywithin STB to achieveresults

• Working effectivelywith stakeholdersoutside STB

• Serving with heart,commitment andpurpose

• Being innovative and learning continuously

• More than 3 years of related experience

• Chartered Accountant

• Proficiency in MS Excel & Powerpoint

• Financial data analysis

• Preferably Hands-on experience with Workday financial system and experience with data analytics, visualisation and artificial intelligence tools

• Knowledge of Power Query, RPA and/or python or other business programming languages

• Project/financial risk assessment

Shortlisted candidates will be contacted within 2 weeks from the closing date of this job posting. We regret to inform that only shortlisted candidates will be notified