Senior Finance Manager (Construction/Engineering) (ID: 689776)

PERSOL; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A recruitment company in Singapore is seeking a finance professional to manage project funding requirements and cash flow forecasts. The ideal candidate will have a degree in Accountancy or Finance and at least 8 years of relevant experience, preferably in the construction or engineering industry. Responsibilities include analyzing budgets, sourcing insurance providers, and preparing financial reports. Strong proficiency in Microsoft Office is required.

Qualifications

• Minimum of 8 years of relevant working experience.
• Experience in the construction/Engineering industry will be an added advantage.

Responsibilities

• Collaborate with teams on project funding requirements and prepare cash flow forecasts.
• Review and analyze budgets to assess potential variances.
• Source competitive providers for project bonds and insurance.
• Monitor foreign currency requirements and forex movements.
• Liaise with bankers, insurance companies, and regulatory bodies.
• Prepare monthly reports and cash flow projections.

Skills

Financial analysis

Budget review and management

Proficiency in Microsoft Office Applications

Education

Degree in Accountancy or Finance

Job description

Job Responsibilities

• Collaborate with project teams and the HR department on project funding requirements to prepare monthly cash flow (in accordance with terms agreed with the main contractor, asset owner, sub-contractors, and suppliers) and quarterly rolling forecasts to plan for financial needs.
• Review and analyze budgets (actual vs. budget) to assess potential variances and work with the QS Manager and HR Manager on a quarterly or half-yearly basis.
• Source and secure the most competitive providers (BG or insurance companies) for project bonds and insurance, supported by a comparison table.
• Plan and organize foreign currency requirements and monitor forex movements (summarized in a table) with a procurement plan to minimize the group’s forex exposure risk.
• Liaise with the corporate secretary on corporate secretarial matters for the group.
• Liaise with bankers, insurance companies, the corporate secretary, and other regulatory bodies.
• Proactively communicate and collaborate with internal stakeholders to analyze information needs and provide financial advice to support overall business operations and decision-making.
• Prepare monthly reports and cash flow projections.
• Provide a summary of banking facilities (available facilities and unutilized amounts), including highlighting new facilities obtained and those canceled during the reporting month.
• Prepare a summary of bonds and project insurance (bond/insurance value, period, and premium).

Qualifications

• Degree in Accountancy or Finance
• Minimum of 8 years of relevant working experience
• Experience in the construction/Engineering industry will be an added advantage
• Proficient in Microsoft Office Applications

Interested candidates who wish to apply for the advertised position, please click on “Apply”. We regret that only shortlisted candidates will be notified.

EA License No.: 01C4394 (PERSOL SINGAPORE PTE LTD)

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