Assistant Finance Manager
Company Description
Collectius is Asia’s leading fintech company in debt management services with operations in Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam and India in which it has a rapidly growing footprint of more than six million customers. The company services consumer and SME non-performing loan portfolios of more than US$7 billion, either purchased by Collectius or held by independent parties.
In a market where an estimated 100 million people are affected by bad debt management practices, Collectius is the market leader and, in partnership with International Finance Corporation (IFC), establishes the best practices for the industry to follow. The ‘Collectius way of Collection’ employs a customer centric approach to debt management supported by a data-driven collection platform and powered by machine learning and digital first communication. Collectius plays a key role in ensuring the stability of the financial system in Asia by providing banks and financial institutions the opportunity to offload their non-performing loans, thus strengthening their balance sheets and enabling them to continue extending credit that facilitates economic growth.
Job Summary
The Assistant Finance Manager (AFM) – Group Finance will play a crucial role in supporting the Deputy VP of Finance (Group) in managing core financial activities at the Country level. This role is designed to ensure timely and accurate reporting, improve intercompany reconciliations, and maintain compliance with investor reporting requirements across the group.
Responsibilities
1. Monthly Closing & Reporting (Acting CFM Role)
- Lead monthly closing, financial operation, accounting, reporting and compliance related activities as Acting Country Finance Manager (‘CFM’) on behalf of the Deputy VP of Finance.
- Ensure timely and accurate preparation and review of month end closing & management reports, and key financial deliverables.
- Work closely with Country Finance Teams to ensure compliance with Group reporting standards and internal controls.
2. Group Intercompany (Interco) Balance Checking
- Perform monthly intercompany (Interco) balance reconciliations to ensure accurate elimination in Group Consolidation.
- Identify and resolve discrepancies in intercompany transactions and balances across entities.
- Work with CFMs to ensure alignment of financial records between subsidiaries.
3. Investor Reporting & Compliance
- Key PIC for investor reporting – responsible for ensuring all monthly, quarterly, and yearly investor reporting requirements are met.
- Prepare and consolidate reports required by investors and external stakeholders, ensuring accuracy and timeliness.
- Ensure compliance with investor agreements and financial disclosure requirements.
4. Financial Process Improvement & BAU Support
- Support standardization and efficiency improvements in financial processes across entities.
- Assist in forecasting, budgeting, and variance analysis at the Group level.
- Support internal control compliance requirements, working closely with internal auditors.
- Act as a liaison between Group Finance and CFMs, ensuring seamless execution of finance tasks.
- Support any ad hoc request assign time to time by finance leaders.
Requirements:
- A recognized Accounting/Finance Degree or relevant professional qualification such as ACCA, CPA, CIMA etc.
- At least 2-3 years of external audit experience with Big 4 Audit Firm or mid-tier audit firm.
- At least 1-2 years of Finance managerial experience, managing a team.
- Have direct experience in month end book closing, preparing and reviewing management reports, and improving finance related processes.
- Analytical thinker with strong investigative and problem-solving skills.
- Detail-oriented, fast-learner and committed to meeting deadlines.
- Good interpersonal skills, with ability to establish and maintain effective working relationships both within and across business units.
- Strong written and verbal communication skills with the ability to present and collaborate with business leaders.
Company Description
Collectius is Asia’s leading fintech company in debt management services with operations in Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam and India in which it has a rapidly growing footprint of more than six million customers. The company services consumer and SME non-performing loan portfolios of more than US$7 billion, either purchased by Collectius or held by independent parties.
In a market where an estimated 100 million people are affected by bad debt management practices, Collectius is the market leader and, in partnership with International Finance Corporation (IFC), establishes the best practices for the industry to follow. The ‘Collectius way of Collection’ employs a customer centric approach to debt management supported by a data-driven collection platform and powered by machine learning and digital first communication. Collectius plays a key role in ensuring the stability of the financial system in Asia by providing banks and financial institutions the opportunity to offload their non-performing loans, thus strengthening their balance sheets and enabling them to continue extending credit that facilitates economic growth.
Job Summary
The Assistant Finance Manager (AFM) – Group Finance will play a crucial role in supporting the Deputy VP of Finance (Group) in managing core financial activities at the Country level. This role is designed to ensure timely and accurate reporting, improve intercompany reconciliations, and maintain compliance with investor reporting requirements across the group.
Responsibilities
1. Monthly Closing & Reporting (Acting CFM Role)
- Lead monthly closing, financial operation, accounting, reporting and compliance related activities as Acting Country Finance Manager (‘CFM’) on behalf of the Deputy VP of Finance.
- Ensure timely and accurate preparation and review of month end closing & management reports, and key financial deliverables.
- Work closely with Country Finance Teams to ensure compliance with Group reporting standards and internal controls.
2. Group Intercompany (Interco) Balance Checking
- Perform monthly intercompany (Interco) balance reconciliations to ensure accurate elimination in Group Consolidation.
- Identify and resolve discrepancies in intercompany transactions and balances across entities.
- Work with CFMs to ensure alignment of financial records between subsidiaries.
3. Investor Reporting & Compliance
- Key PIC for investor reporting – responsible for ensuring all monthly, quarterly, and yearly investor reporting requirements are met.
- Prepare and consolidate reports required by investors and external stakeholders, ensuring accuracy and timeliness.
- Ensure compliance with investor agreements and financial disclosure requirements.
4. Financial Process Improvement & BAU Support
- Support standardization and efficiency improvements in financial processes across entities.
- Assist in forecasting, budgeting, and variance analysis at the Group level.
- Support internal control compliance requirements, working closely with internal auditors.
- Act as a liaison between Group Finance and CFMs, ensuring seamless execution of finance tasks.
- Support any ad hoc request assign time to time by finance leaders.
Requirements:
- A recognized Accounting/Finance Degree or relevant professional qualification such as ACCA, CPA, CIMA etc.
- At least 2-3 years of external audit experience with Big 4 Audit Firm or mid-tier audit firm.
- At least 1-2 years of Finance managerial experience, managing a team.
- Have direct experience in month end book closing, preparing and reviewing management reports, and improving finance related processes.
- Analytical thinker with strong investigative and problem-solving skills.
- Detail-oriented, fast-learner and committed to meeting deadlines.
- Good interpersonal skills, with ability to establish and maintain effective working relationships both within and across business units.
- Strong written and verbal communication skills with the ability to present and collaborate with business leaders.