Manager/Assistant Manager, Financial Reporting

Singapore Children's Society; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A charitable organization in Singapore is looking for a dedicated finance professional to manage financial reporting and audits. The ideal candidate will have over 5 years of experience, a degree in Accountancy, and a strong understanding of compliance regulations for non-profits. Responsibilities include preparing financial statements and coordinating external audits. This role also offers opportunities for job rotation within finance to broaden experience across key functions.

Qualifications

• At least 5 years of relevant experience in financial reporting and audit.
• Strong knowledge of FRS and regulatory compliance for charities/non-profits.
• Ability to lead processes and manage multiple priorities independently.

Responsibilities

• Lead monthly and year-end closing processes and prepare financial reports.
• Review journal entries and general ledger accounts for integrity.
• Prepare financial audit certifications for funding agencies.

Skills

Financial reporting

Regulatory compliance

Analytical skills

Problem-solving

Stakeholder management

Education

Degree in Accountancy or relevant accounting qualification

Tools

ERP systems

MS Excel

Job description

Key Responsibilities:

1. Financial Reporting & Audit

• Lead monthly and year‑end closing processes; prepare monthly, quarterly, and annual financial reports.
• Review journal entries and general ledger accounts, ensuring integrity of postings for staff costs and restricted funds.
• Prepare financial reports and variance analyses for service groups, departments, and the Society as a whole.
• Compile and present board‑level reporting packs, including reserve movements, financial commentary, and supporting analyses.
• Prepare statutory financial statements in compliance with FRS.
• Prepare financial audit certifications for funding agencies (full‑set with notes) and review certifications prepared by executives (single FS without notes).
• Draft accounting papers for complex or new transactions or accounting treatments.
• Coordinate external audits: planning, tracking, issue resolution, and audit certifications.
• Ensure timely and accurate regulatory submissions (Charity Portal, NCSS, IRAS, funding agencies).
• Maintain Finance SOPs for reporting, closing, and audit processes.
• Monitor and report on reserves ratio, unrestricted vs restricted fund balances, and compliance with reserve policies.
• Maintain general ledger structure (chart of accounts, cost centres, fund codes, programme codes).
• Review annual or quarterly surveys for relevant agencies.

2. Staff Cost Allocation

• Maintain and manage monthly staff cost and benefits allocation model across programmes and funds.
• Review payroll journals, allocation assumptions, and provisions for staff benefits and bonuses.
• Collaborate with HR to ensure accuracy of payroll data and headcount movements.
• Maintain documentation for allocation methodology and validate assumptions annually (e.g., % split by centre and programme).

3. Support Cost Apportionment

• Manage and compute periodic apportionment of support function costs (Finance, HR, IT, Communications, Facilities) and shared premises costs.
• Incorporate support cost allocations into financial reports.

4. Bank Operations & Reconciliations

• Review monthly bank reconciliations.
• Liaise with bank relationship managers for day‑to‑day operations (statement retrievals, user access, standing instructions, signatory updates).
• Assist with account opening/closing, KYC submissions, and audit/banking queries.
• Review user access for bank portals.

5. Any other duties or responsibilities assigned by the Supervisor.

Requirements:

Degree in Accountancy or relevant accounting qualification, preferably a Chartered Accountant.

• At least 5 years of relevant experience in financial reporting and audit.
• Strong knowledge of FRS and regulatory compliance for charities/non‑profits.
• Proficient in ERP systems and MS Excel.
• Excellent analytical, problem‑solving, and stakeholder management skills.
• Ability to lead processes and manage multiple priorities independently.
• Open to job rotation within Finance in 1–2 years to gain exposure across key functions.