Manager, Budget Management & Control

SMRT Corporation, Ltd.; Singapore; On-site; SGD 100,000 - 140,000; Full time

Job summary

SMRT Trains Ltd is seeking a Manager, Budget Management & Control to instill financial discipline and oversee budget adherence across Cost Centres. The role involves monitoring budgets, expenditures, and reporting variances within the Trains business unit.

You will administer the Trains Funding Forum, validate Form details, and document outcomes. Collaboration with COEs and LTA will be essential to ensure compliance and timely invoicing.

Qualifications

• Accounting, Quantity Surveyor or Engineering Degree.
• Experience in budget management / SAP / Anaplan / Ariba will be added advantage.

Responsibilities

• Budget management: monitor and analyse budget for Cost Centres in Trains to ensure adherence.
• Track expenditures, monitor and report on budget variance.
• Understand Budget Management Policy and work with COEs on policy implications for line units.
• Administer Trains’ Funding Forum and validate Funding Forum Form details.
• Minutes the Funding Forum discussions and follow up on action items.
• Track all expenditures submitted in Funding Forum and update Funding Forum Form with e-signatures.
• Attend meetings chaired by SVP and validate budget details submitted in forms.
• Collaborate with COEs on documents required by LTA; address queries from LTA; prepare and issue invoices.

Skills

Strong numerical ability

Data reporting

Communication skills

Attention to detail

Analytical approach

Team player

Education

Accounting, Quantity Surveyor or Engineering Degree

Tools

SAP

Anaplan

Ariba

Job description

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Manager, Budget Management & Control

Job Purpose

Instill financial discipline and prudence on BUs / COEs that spend on SMRT Trains’ budget. Monitor and analyze budget of Cost Centres. Ensure financial sustainability of SMRT Trains.

Responsibilities

• 1) Budget Management
  • Monitor and analyse budget for the Cost Centres in Trains to ensure budget adherence and financial discipline.
  • Track the assigned Cost Centres’ expenditures, monitoring and reporting on budget variance.
  • Understand in greater detail the Budget Management Policy and work with the COEs on the implications of such policy on the line units.
• 2) Trains Funding Forum
  • Administer Trains’ Funding Forum
  • Check and validate the details in the Funding Forum Form
  • Minutes the discussion in Funding Forum
  • Follow up with the action list
  • Track all expenditures submitted in Funding Forum
  • Update and e-sign the Funding Forum Form
• 3) Capability Development for Rail Operations & Rail Maintenance; and Maintenance & Material Requirement Committee
  • Attend the meeting chaired by SVP
  • Check and validate budget details submitted in the form
• 4) Reimbursement Claim from LTA
  • Work with COEs on documents required by LTA
  • Front queries from LTA
  • Compile documents require by LTA
  • Issue invoice to LTA
• 5) Others

Qualifications & Work Experience

• Accounting, Quantity Surveyor or Engineering Degree.
• Experience in budget management / SAP / Anaplan / Ariba will be added advantage.

Skills

• Strong numerical ability – overseeing financial information so an excellent capacity for analyzing data and numbers, with attention to budget management is necessary
• Computer skills – from data mining to creating reports and spreadsheets, use computer programs for a large proportion of their work
• Communication skills – deal with various members of the organization, so an ability to effectively explain complex financial information in plain terms is essential
• Attention to detail – an ability to spot discrepancies in information or interpreting cash flow problems is beneficial
• Analytical approach – have an investigative nature and enjoy mining information for specific data or trends
• Others: Team player

SMRT Trains Ltd was incorporated in 1987 and operates Singapore’s first mass rapid transit system. Today, we manage and operate train services on the North-South Line, East-West Line, the Circle Line, the Thomson-East Coast Line, and the Bukit Panjang Light Rail Transit. With over 5,000 employees, more than 250 trains, and 141 km of rail tracks across 108 stations, we serve millions of commuters daily.

About SMRT Corporation

SMRT Corporation Ltd (SMRT) is a public transport services provider. Our primary business is to manage and operate train services on the North-South Line, theEast-West Line, the Circle Line, the new Thomson East-Coast Line and the Bukit Panjang Light Rail Transit. This is complemented by our bus, taxi and private hire vehicle services.

An exciting and rewarding career is waiting for you at SMRT. Join us and embark on a journey that matters. You Matter – we take care of you and your well-being. Your Work Matters – your ideas and contributions work towards building the future of our transport system and create positive impacts to the community. Your Development Matters – we offer diverse careers and learning opportunities for our people to grow you to the fullest of your potential.

Come onboard the SMRT journey today.

Vision
Moving People. Enhancing Lifestyles

Core Values
Respect, Integrity, Safety & Service, Excellence