Senior Finance & Accounts Manager — Textile Trading

TEXGLOBAL PTE. LTD.; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

TEXGLOBAL PTE. LTD., a Singapore-based textile trading company, seeks a Finance Manager to lead financial reporting, treasury, and compliance across multi-entity operations.

You will partner with commercial teams to drive profitability, manage intercompany processes and ensure timely, accurate accounting under SFRS. The role requires extensive experience in trading environments, strong control mindset and the ability to lead a growing finance team, while coordinating with auditors, banks and

Qualifications

• Degree in Accountancy, Finance, or related field; professional qualification (CPA Singapore, ACCA, CA or equivalent) preferred.
• Minimum 8–10 years of progressive finance/accounting experience, with at least 3–5 years in a managerial capacity.
• Prior experience in a trading company (textiles, commodities, apparel or similar import/export business) strongly preferred.
• Sound working knowledge of Singapore Financial Reporting Standards (SFRS), IRAS tax/GST regulations, ACRA requirements and trade finance instruments (LC/TR).
• Proficiency in accounting/ERP systems (e.g., SAP, ORACLE, or similar) and advanced Microsoft Excel skills.

Responsibilities

• Prepare accurate monthly, quarterly and annual management accounts, financial statements and board reporting packs within set deadlines.
• Oversee the full accounting cycle – general ledger, accounts payable/receivable, fixed assets, bank reconciliations and month-end/year-end closing.
• Monitoring inter-company transactions and reconciliation of inter-co balances, and supporting group consolidation and currency translation across overseas entities.
• Thorough scrutiny of freight bills, bank charges and overheads, identifying reasons for variances, if any.
• Ensure financial statements comply with Singapore Financial Reporting Standards (SFRS) and Companies Act requirements.
• Manage stock/inventory valuation and costing for imported and traded textile goods, including landed cost computation (freight, duty, insurance).
• Coordinate the annual statutory audit and act as primary liaison with external auditors, resolving audit queries and implementing recommendations.
• Monitor daily cash position and working capital to ensure liquidity for purchase of goods, supplier payments and operating expenses.
• Manage trade finance instruments critical to textile trading – Letters of Credit (LC), Trust Receipts (TR), invoice financing, bank guarantees, documentary collections and export documentary credit, including review of trade and shipping documents for discrepancies prior to presentation.
• Maintain day-to-day banking relationships, track facility utilisation and covenant reporting, and support the negotiation of credit facilities/trade lines with banks and financial institutions.
• Manage foreign exchange exposure arising from USD/other currency purchases and sales, including forward contracts and hedging where appropriate.
• Monitor customer credit terms, credit limits and collections; minimise bad debt and overdue receivables through active credit control.
• Lead the annual budgeting process and periodic rolling forecasts in collaboration with sales and procurement teams.
• Prepare gross margin and product/customer profitability analysis to support pricing and sourcing decisions.
• Provide variance analysis against budget/forecast and highlight risks and opportunities to management.
• Evaluate the financial viability of new markets, suppliers, customers and business opportunities.
• Design, implement and monitor internal controls and Standard Operating Procedures (SOPs) across procurement, sales, inventory and cash handling.
• Safeguard company assets and inventory through periodic stock counts, reconciliations and physical verification.
• Assess and mitigate key business risks, including counterparty credit risk, currency risk and inventory obsolescence risk.
• Supervise, mentor and develop the finance and accounting team; plan workload and set performance objectives.
• Liaise with external auditors, tax agents, company secretary, banks and insurers as the key finance point of contact.
• Support with ad-hoc financial analysis, board presentations for management and shareholders.

Skills

Financial analysis

Stakeholder management

Leadership

Risk & controls

ERP/Accounting systems

Cash & treasury management

Tax & compliance

Education

Degree in accounting/finance

CPA/ACCA/CA preferred

Tools

SAP

Oracle

Job description

TEXGLOBAL PTE. LTD., a Singapore-based textile trading company, seeks a Finance Manager to lead financial reporting, treasury, and compliance across multi-entity operations.

You will partner with commercial teams to drive profitability, manage intercompany processes and ensure timely, accurate accounting under SFRS. The role requires extensive experience in trading environments, strong control mindset and the ability to lead a growing finance team, while coordinating with auditors, banks and