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A leading global shipping services provider in Singapore is seeking an Area Finance Manager to oversee accounting activities and ensure compliance with regulations. Responsibilities include managing financial reporting, budgeting, and leading the finance team. The ideal candidate has over 5 years of experience in financial accounting, particularly within multinational environments, and strong analytical skills. This position offers competitive pay and a range of benefits.
Recruiter Inchcape Shipping Services Group Holdings Limited
Who are Inchcape?
At Inchcape Shipping Services, our vision is to create a connected world where customers can trade successfully and make informed decisions in every port, everywhere. We achieve this by combining our worldwide infrastructure with local expertise, through our global network of more than 250 proprietary offices and a team of over 3,000 dedicated professionals. Our diverse customer base includes owners and charterers in the oil, cruise, container, and bulk commodity sectors, as well as naval, government, and intergovernmental organisations.
We have an ambitious growth model, and a career here is certainly going to be a rewarding one that will allow you to bring your skills & experience. We embrace change and are open to new thinking and pushing for positive change in our industry.
Main Purpose of Job:
Reporting to the Regional Finance Controller, the role shall be primarily responsible for directing and controlling all accounting activities of the Finance Department, thus ensuring accurate and efficient accounting services are provided by all departments. Responsible for statutory reporting, tax compliance, budget and forecast preparation, and accurate
bookkeeping, debtors, and credit management, reporting monthly results to the Area GM. This position also involves strict compliance with the Financial Management guidelines set up by the company and local regulations and laws.
Duties and Responsibilities
• Credit/Debt Management: In conjunction with operations, monitor DA turnaround. Ensure outstanding debts are collected within terms and monitor prefunding as per ISS policies. Management of the prefunding monitoring process to ensure compliance with company guidelines, approval of principal refunds.
• Tax matters: Income Tax preparation, review, and lodgement (an external auditor is used for help)
• Statutory reporting: Manage the preparation of annual accounts in line with IFRS in Singapore, Malaysia, Indonesia, Thailand, Cambodia, and Vietnam
• Budget/Forecast Preparation: In conjunction with Area GM, coordination and preparation of the annual budget and re-forecasting exercises and submission to corporate HQ, including the monthly forecasts. Coordination of the regional budget/forecast, including liaison with regional operating companies to ensure timely and accurate submission. Preparation and submission of bi-monthly forecasts and weekly cash-flow forecasts, including consolidation of the region.
• Reporting: Timely monthly preparation and submission of Regional Financial Management reports to the Group CFO. Ensure monthly submission and promotion of Hyperion data for the region.
• Streamlining/Cost Saving Management: Recommend improvements to department policy and direct the implementation of procedures and controls covering all areas of activity so that all relevant procedural/legislative requirements are fulfilled while delivering quality, cost-effective services to customers.
• Customer / Vendor Relationship. Establish and maintain effective formal and informal links with major customers. Maintain an awareness of customer requirements and any complaints to identify any areas that may need development or improvement.
• Audit Support: Supporting the Auditor, both external and internal, in scheduled audit visits in the region
• Leadership: Ensure the effective achievement of departmental goals through the leadership of these teams - allocating resources, setting individual objectives, managing performance, developing and motivating staff, providing formal and informal feedback, and appraisal.
• Tender and Vendor Support and Administration: Assist Regional GM, CGM/VP, and Sales with tender submissions
• UNIT4&Hyperion / Systems: Full utilisation of U4 & Hyperion as per ISS Standard Operating Procedures. The post holder will carry out any other duties as are within the scope and purpose of the job as requested by the Line Manager and ensure full utilisation of all ISS systems according to Standard Operating Procedures.
• Any other ad hoc project assigned by the management
Required Knowledge- Good knowledge of IFRS and Singapore, Malaysia, Indonesia, Thailand, Cambodia, Philippines, Guam, and Vietnam Tax & Local regulations
Required Skills
• Strong command of written and spoken English
• Strong numeracy, analytical, and problem-solving skills
• Advanced MS Excel skills
• Able to work independently as well as being a proactive team member
• Hands-on and can-do spirit
• Managing KPIs set by management
• Leadership
Required Experience
• At least 5 years of experience in financial accounting and internal controls
• Experience in the maritime industry
• Experience in a multinational, multi-cultural organization
• Staff management
You Will Receive:
A diverse range of benefits, depending on your geographical location. At this instance, you will enjoy: