Assistant Finance Manager

Key Responsibilities

Financial & Regulatory Compliance

• Ensure compliance with Singapore Companies Act, Financial Reporting Standards (FRS), and statutory requirements

• Prepare and submit monthly and annual Survey of Manufacturing Activities reports to the Economic Development Board (EDB)

• Manage quarterly Goods and Services Tax (GST) filings, including compliance with the Major Exporter Scheme

• Coordinate annual statutory audits, tax submissions, and liaise with external auditors, tax agents, and government authorities

• Maintain strong governance and internal control frameworks to support regulatory compliance

Financial Planning & Analysis

• Support the Finance Manager in annual budgeting, forecasting, and long-term financial planning

• Monitor and analyze financial performance, providing timely insights and recommendations to management

• Lead standard costing activities and monitor cost centre expenditures against budget

• Conduct product costing and profitability analysis in collaboration with cross-functional teams

Treasury & Working Capital Management

• Monitor cash flow forecasts and liquidity requirements

• Manage foreign exchange exposure and borrowing costs

• Optimize working capital through effective management of accounts receivable, accounts payable, and inventory

• Review and approve payment vouchers while ensuring adherence to financial controls and company policies

Process Improvement & Digital Transformation

• Drive continuous improvement initiatives to enhance finance processes and operational efficiency

• Identify and implement ERP system enhancements, including SAP, Epicor, or other digital solutions

• Strengthen financial controls, policies, and reporting systems

• Explore government grants, Free Trade Agreements (FTAs), and cost-saving opportunities to support business growth

Team Leadership & Stakeholder Management

• Supervise, mentor, and develop finance team members

• Ensure accurate and timely management and financial reporting

• Establish and monitor departmental KPIs and service standards

• Collaborate closely with operations, procurement, sales, and other departments to support business objectives

Key Performance Indicators

• Timely and accurate monthly audit, tax, GST, and statutory submissions.

• Effective management of working capital and cash flow

• Budget adherence and cost control performance

• Successful implementation of process improvement initiatives

• Maximization of available government grants and incentive programs

Requirements

• Bachelor’s Degree in Accounting, Finance, or related discipline.

• Professional qualification such as ISCA, ACCA, CA, or equivalent.

• Minimum 8 years of relevant finance and accounting experience, preferably within a manufacturing or production environment.

• Strong knowledge of Singapore Companies Act, Financial Reporting Standards (FRS), GST regulations, and statutory compliance requirements.

• Hands-on experience with EDB reporting and GST filings, including Major Exporter Scheme compliance.

• Experience in budgeting, forecasting, treasury management, standard costing, and financial analysis.

• Proficient in ERP systems such as SAP, Epicor, or equivalent.

• Strong analytical, problem-solving, and organizational skills.

• Excellent communication and interpersonal skills.

• Ability to work independently, manage multiple priorities, and perform effectively under pressure.