Manager, Finance & Procurement

Economic Development Board; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

Economic Development Board in Singapore is seeking a Finance and Procurement professional to join the FRAP division. The successful candidate will manage budget analysis, procurement activities, and financial reporting while engaging with various stakeholders and utilizing IT systems to enhance operations. A Bachelor’s degree in relevant fields and at least 5 years of experience in procurement or similar areas are essential. This role offers a collaborative environment emphasizing open communication and teamwork.

Qualifications

• At least 5 years of relevant experience in procurement, audit, and/or accounting.
• Proactive, self-motivated, and able to deliver in a fast-paced environment.
• A keen learner with a strong drive for operational excellence.

Responsibilities

• Engage with stakeholders on budget management, procurement activities, and financial reporting.
• Implement and manage FRAP IT systems for process improvements.
• Identify opportunities for continuous improvement in policies and processes.

Skills

Excellent communication skills

Interpersonal skills

Project management skills

Problem solving skills

Critical thinking skills

Knowledge in IT procurement

Education

Bachelor’s Degree in Accountancy, Finance or Business Administration

Job description

What the role is:

About EDB: The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments.

About FRAP: As part of EDB’s continuous efforts to develop the suite of industries in Singapore, the Finance, Risk & Assurance and Procurement (FRAP) division is an imperative business partner to our officers in the industry and policy groups.

As a FRAP business partner, you will be responsible for providing advisory on the procure to pay value chain. You will also be part of a team that is responsible for the data management and implementation of FRAP systems, which is critical in ensuring that EDB has access to accurate and relevant data at all times from a single point of access to help drive operational decision-making, policy-making and strategic planning by Corporate Management and line divisions within EDB. As this role requires extensive cross‑functional partnership with various stakeholders, you will also get to learn about EDB’s business from the line divisions directly and gain better understanding on policy considerations.

This is an excellent opportunity for a Finance and/or Procurement professional looking to build their competencies and work alongside a fun and passionate team that greatly emphasizes teamwork, open communication and diversity of perspectives.

What you will be working on:

• Engaging with relevant internal and external stakeholders on:
  • Budget management such as budget analysis/evaluation, budget preparation, monitoring and reporting.
  • Procurement activities such as policy formulation, co‑solution and vetting of procurement requirement specifications and approvals for compliance with procurement policies, guidelines and processes.
  • Financial reporting and management which include accounts payable activities such as payment review and processing, fixed assets and tax accounting as well as the use of data analytics to derive relevant insights/trends and identify process improvement opportunities.
  • Implementation/ Management of FRAP IT system(s), including process streamlining/improvements, data preparation, cleansing, verification and migration as well as working closely with IT team on various system interface/integration requirements. This may also involve change management work where continual engagement and communications with system end users on the changes are required.
• Identifying opportunities for continuous improvement, while keeping abreast of policies, processes and key risks.

What we are looking for:

• Bachelor’s Degree in Accountancy, Finance or Business Administration; or equivalent.
• At least 5 years of relevant experience, preferably in the areas of procurement, audit, and/or accounting.
• Excellent communication, interpersonal and project management skills.
• Good problem solving and critical thinking skills, results oriented and able to work effectively under pressure or on multiple priorities and projects.
• Knowledge in IT procurement, financial controls, Government Procurement Instruction Manuals, systems implementation and data analytics would be an advantage.
• Proactive, self‑motivated, and able to deliver in a fast‑paced environment.
• A keen learner with a strong drive for operational excellence.
• Singaporean.