Senior Finance Executive

The Senior Finance Executive is responsible as the hands-on team leader and doer carrying out assigned tasks & portfolios, guiding the team and junior staff, assisting in the management of the financial resources of a company, participate in budget planning, and supports the Senior Management Team by offering insights that will allow them to make the best business decisions for the company.

Duties and Responsibilities

• Manage, support and improve day-to-day finance functions.
• Collecting, interpreting and reviewing financial information.
• Support/assist in producing financial reports related to budgets, account payables, account receivables, expenses etc., monitoring and managing budgets and actual business performance.
• Support/assist in predicting future financial trends and developing long-term business plans based on these reports.
• Implement strategies that work to minimise financial risk.
• Assist in analysing market trends and competitors.
• Direct support to immediate superiors in reporting line and the Group CFO, indirect support to Senior Management Team as and when required.

Financial Accounting & Reporting

• Prepare assigned sections of accounts, supporting schedules, reports, consolidation and financial analyses required for both internal and external reporting purposes, timely and accurately.
• Prepare assigned Management Reports, which may include (but not limited to) special analyses reports, Income Statements, Balance Sheets, Cashflow, Forecasts, Budgets and others, to provide financial insights as necessary to Management.
• Manage the upkeep of all financial records, GL, Journals, Provisions, Accruals, month/year end closings, etc. as assigned.
• Assist to maintain proper function and integrity of the accounting systems, chart of accounts, filing systems and record keeping practices, etc. to enable appropriate financial accounting and reporting.
• Maintain professional integrity and confidentiality of sensitive financial information to protect the organization at all times

Audit, Tax and Compliance

• Ensure all policies and procedures, compliance with financial accounting standards and all regulatory requirements are adhered to at all times.
• Keep up-to-date with all applicable financial standards, rules, legislations and other regulatory requirements; ensure proper adoption and implementation at all times
• Liaise with auditors, tax agents, compliance officers etc., provide schedules and information required, respond to queries with guidance from Superiors.
• Communicate any inconsistencies, make recommendations to Superiors on opportunities for improvement to resolve any audit /tax/compliance findings

Financial Planning, Management & Analysis

• Handles assigned sections on budgeting, forecasting, projections, variance & related financial analyses.
• Monitor and manage net cashflow positions, balance sheet positions.
• Perform ad-hoc analysis and financial simulations as and when required.
• Predicting future financial trends, analysing market and competition data.

Finance Operations, Internal Controls & Administration

• Manage & support day-to-day finance and accounting functions such as Accounts Payable (AP), Accounts Receivables (AR), Fixed Asset (FA), General Ledger (GL), Petty Cash Management, Inter-company billing and adjustments, etc.
• Team support functions, e.g. generate and prepare Invoice, Payment Voucher, Credit Note (CN) and Debit Note (DN), Students’ school fees calculation and collection, claims (purchases, expenses etc) and related matters, issuance of purchase order, delivery order and monitoring on delivery, etc.
• Monitor daily cash position, perform bank accounts reconciliations and highlight any inconsistencies to management.
• Manage financial status e.g. via coordination, monitoring & managing revenue and expense cycles, for example, payments & collections scheduling, execution, follow up on outstanding items, etc.
• Verify all transactions, ensure all supporting documentation, approvals are in place and in compliance with all policies, procedures and compliance requirements.
• Maintain financial security and integrity by ensuring adherence to internal controls, and initiate corrective actions where necessary.
• Guide other departments by researching and interpreting accounting policies; applying observations and recommendations to ensure smooth implementation of financial process governance in accordance with SOP and regulatory requirements.
• Managing key stakeholders and liaise with relevant parties e.g. bankers, leasing companies, company secretary, suppliers etc.
• General office administration and supporting operational duties including filing, data entry, etc.
• Adhoc/project based work deliverables as and when required by the management

Team Management and Development

• Guide the junior finance personnel (includes executives and below), provide on-job training and advice as necessary.
• Ensure assigned tasks given by superiors are carried out properly in order to ensure all roles and responsibilities are achieved effectively and efficiently.
• Hands-on assist the team where required.
• Update job knowledge e.g. by participating in educational opportunities by participating in relevant professional trainings for self and the team.

Requirements and Skills

• Minimum 2-3 years’ experience in a business finance, accounting or related fields.
• Possess Bachelor’s degree in Accounting / Finance or equivalent. Professional certifications or licenses (e.g. CPA or similar) is a plus.
• Ability to carry out hand’s-on day-to-day finance operations of the unit, e.g. revenue and payments, cash operations management, etc.
• Ability to handle full set of accounts, group consolidation and/or taxation is a plus.
• Excellent knowledge & skills in Microsoft Office Excel, Word / Google Suite. Knowledge & skills in accounting systems and packages e.g. SAP or similar is a plus.
• Highly numerate, analytical and able to articulate information (financial & non-financial) to all levels of management and staff.
• Maintain accuracy of information and attention to detail at all times.
• Demonstrates ability to manage a team.
• Collaborate with all levels of people in the organisation.
• Possess a high degree of integrity, sound judgment and good work ethics.
• Maintain confidentiality with sensitive financial information.
• Excellent verbal and written communication skills in English (other languages are a plus).
• A pleasant, sociable personality and a team player.
• Always willing to learn and grow, ready to put in extra efforts as and when required.