Finance Manager - Singapore

We are seeking an AVP/VP, Finance to lead financial reporting, planning, treasury, and controls across the IIX group and its special purpose vehicles (SPVs). The role oversees internal and outsourced finance teams and works closely with business units, portfolio teams, and external transaction parties.

Key Responsibilities:

1. Financial Reporting and Compliance
   • Lead the preparation of timely and accurate management accounts, statutory financial statements, tax filings, and audits for IIX group entities and SPVs.
   • Ensure compliance with applicable accounting standards, tax requirements, and internal policies. Manage relationships with auditors, tax agents, and other finance service providers
   • Prepare financial reports and supporting documentation for investors, lenders, donors, government agencies, and other stakeholders.
2. Financial Planning and Analysis
   • Prepare monthly performance reports, including budget variance analysis and forecasts for the head office and business units.
   • Work with business unit leads to assess revenue pipeline, expected expenditure, funding needs, and financial risks; provide clear analysis to senior management.
3. Treasury and Financial Operations
   • Manage cash flow forecasts, bank accounts, payments, receivables, and intercompany balances across the group.
   • Manage financial operations for financing vehicles, including payment calculations, reconciliations, reserve accounts, redemptions, and reporting to transaction parties.
   • Track financing obligations and deadlines, and coordinate with banks, trustees, agents, and other counterparties.
4. Controls and Transaction Support
   • Maintain effective financial controls and improve finance processes as the group’s activities and entities grow.
   • Work with portfolio teams on the financial impact of borrower repayments, arrears, restructurings, and recoveries, including provisions (ECL) and audit documentation.
   • Maintain financial records for loans, grants, guarantees, and first loss arrangements, and support related claims, calculations, and stakeholder reporting.

Qualifications:

• Degree in accounting, finance, or a related discipline. A professional accounting qualification is preferred.
• At least 6 years of relevant experience in audit, financial and management accounting roles.
• Ability to act independently and execute sound judgment.
• Good understanding of financial reporting standards, accounting principles and statutory regulations.
• Proficiency with Microsoft Office applications especially Excel.
• Independent and self-driven with the ability to multi-task and meet tight timelines.
• Meticulous, analytical, innovative and self-motivated team player.
• Experience with Quickbooks would be advantageous.

About a career with IIX:

You will join a highly effective team that provides unparalleled hands-on exposure to the Impact Investing and Social Finance space. You thrive in tackling development issues and excel in creating solutions using structured strategies and unprecedented programs that address and solve the world’s most pressing problems, from food security to inclusive finance to clean energy. You aim to become a global development leader who has a passion for international development and to get involved in work that makes a difference.

When you join IIX, you embark on a rewarding career where we are heavily invested in your professional development, as we will build on your strengths and help you gain new skills with training, coaching, encouragement, and guiding you in the right direction. It is a valuable addition to advance your career, providing you invaluable exposure to the rapidly growing impact investing space.

You WANT to instigate change. Thus, as a successful team member, you should be a PREM:

• Passionate: Commitment to social finance and impact investing as a path to unlock society’s potential to effect social change is essential for a happy and successful tenure at IIX.
• Resilient: Similar to our enterprises working in emerging markets, our IIX team members have strong mental and emotional fortitude and can recover quickly from difficulties or setbacks. We look for people with an adaptable and positive attitude and a strong sense of self-worth, which enables them to move forward and continue to strive for their goals even in the face of adversity.
• Equitable: At IIX, we manage toward impact maximization and produce measurable and transparent returns – both social and financial. These results strengthen the ecosystem and transform existing realities by helping impact enterprises magnify their impact and scale. We are fair and impartial in our actions and ensure that we make objective and unbiased decisions based on facts and impact.
• Maverick: While IIX is a seasoned stakeholder in the impact enterprise and impact investing space in Asia, we pride ourselves on creating new opportunities. We look for people with an independent and unorthodox approach to thinking and behaving. If you are someone who is non-conformist, innovative, and independent, often going against the grain, does not like following the crowd, and is not afraid to express your own opinions, we want you.

Our clients and partners span the spectrum of public and private sectors including foundations such as the Rockefeller Foundation and Bank of America-Merrill Lynch Foundation, corporations such as Standard Chartered Bank and KKR, international non-profits such as Oxfam and World Vision, multilateral institutions such as the Asian Development Bank, UN Agencies such as UNDP, and government agencies such as USAID and SIDA.

Submission: Please submit a cover letter and a resume to the Breezy Link above.

Only shortlisted candidates will be contacted by the IIX Talent Acquisition team. Your personal data may be collected but it will be used for recruitment purposes only.

"IIX is an equal opportunity employer"