Manager Accounts & Compliance

The Singapore Police Co-operative Society Ltd; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

A financial co-operative in Singapore is looking for a Manager (Accounts & Compliance) to oversee finance functions, ensure regulatory compliance, and lead risk management. Ideal candidates will have a Chartered Accountant qualification, 8-10 years of relevant experience including proficiency in Xero accounting software, and demonstrated budgeting and risk management skills. The role demands strong leadership and communication abilities, focusing on the co-operative's financial sustainability.

Qualifications

• Chartered Accountant qualification recognised in Singapore.
• 8–10 years of relevant finance, accounting, risk, and compliance experience.
• Hands-on experience with Xero accounting software.

Responsibilities

• Oversee finance functions including accounting and financial reporting.
• Lead budgeting and financial planning processes.
• Maintain the Enterprise Risk Management framework.

Skills

Leadership

Risk Management

Budget Monitoring

Compliance Knowledge

Communication Skills

Education

Chartered Accountant (CA) qualification

Tools

Xero accounting software

Job description

Role Overview

We are a member-owned credit co-operative established to serve the financial needs of our members through responsible lending, prudent financial management, and strong governance. Guided by co-operative values of integrity, accountability, and mutual support, we are seeking a Manager (Accounts & Compliance) to safeguard the financial soundness and long-term sustainability of the Co-operative.

This is a hands-on senior role in a co-operative environment, working closely with Management, the Audit Committee, and the Board to ensure compliance with the regulatory requirements, and good governance practices.

Key Responsibilities

Financial Leadership & Management

• Oversee the full spectrum of finance functions including accounting, treasury, cash flow management, and financial reporting
• Ensure timely and accurate preparation of management accounts, statutory financial statements, and Board/Audit Committee papers
• Ensure compliance with Singapore Financial Reporting Standards (SFRS), Co-operative Societies Act, and relevant regulatory requirements

Budgeting, Monitoring & Variance Analysis

• Lead the annual budgeting and financial planning process in collaboration with Management
• Monitor budget performance on an ongoing basis and identify material variances against approved budgets
• Perform detailed variance analysis on income, expenses, and balance sheet items
• Investigate root causes of variances and work with Management to recommend corrective actions or reforecasting
• Present clear and practical budget monitoring and variance analysis reports to the Board

Risk Management & Compliance

• Lead and maintain the Enterprise Risk Management (ERM) framework, including risk identification, assessment, mitigation, and monitoring
• Maintain and update the risk register, key risk indicators (KRIs), and mitigation plans
• Oversee the Co-operative’s compliance framework, policies, and procedures
• Monitor compliance with regulatory, statutory, and internal policy requirements
• Prepare and present risk and compliance reports to Management, Audit Committee, and Board
• Coordinate regulatory inspections, internal audits, and external audits, and ensure timely closure of findings

GST & Tax Compliance

• Oversee accurate GST submission and reconciliation, including preparation, review, and filing of GST returns
• Ensure proper GST treatment of transactions and timely resolution of discrepancies
• Liaise with IRAS, tax agents, and auditors on GST-related matters

Systems, Reconciliation & Process Improvement

• Lead accounting system migration initiatives, including data migration, reconciliation, testing, and post-implementation stabilisation
• Ensure effective and hands-on use of Xero accounting software
• Oversee regular reconciliation of balances between the core banking system and the accounting system, ensuring accuracy and data integrity
• Investigate reconciliation differences and strengthen controls to prevent recurrence
• Drive process improvements, automation, and control enhancements across finance and compliance functions

Key Requirements

• Chartered Accountant (CA) qualification recognised in Singapore
• Minimum 8–10 years of relevant finance, accounting, risk, and compliance experience, including 3–5 years in a senior role
• Hands-on experience with Xero accounting software
• Proven experience in accounting system migration and post-migration reconciliation
• Strong experience in GST submission and GST reconciliation
• Demonstrated experience in budget monitoring, variance analysis, and Board-level financial reporting
• Proven experience in Enterprise Risk Management (ERM) and compliance frameworks
• Experience reconciling balances between core banking systems and accounting systems
• Strong understanding of Singapore regulatory, governance, and audit requirements
• Lead, mentor, and develop the accounts and compliance team

Key Competencies

• Strong technical accounting, risk, and compliance expertise
• Hands-on, detail-oriented, and control-focused
• Ability to operate independently in a lean environment
• Strong communication skills with Board and non-finance stakeholders
• High integrity and sound professional judgment