The Senior/Manager, Finance will lead the Finance department in partnership with the Head of Department to drive financial strategy, governance, and operational excellence.
Requirements
- Accounting and finance duties
- Ensure that financial schedules and reports are prepared accurately and in a timely manner.
- Monthly management reports (P&L)
- Cash flow forecasting
- Management report and budget analysis
- GST report preparation and submission
- Lead the preparation of company annual budgeting exercise and mid-year budget reviews with the Heads of departments.
- Monitor the investment portfolio of reserves with the Head of Department
- Ensure the timely preparation and reconciliation of subvention submission in ILTC portal.
- Establish and refine financial policies, ensuring alignment with best practices and regulatory requirements.
- Oversee long-term financial sustainability planning, including diversification of revenue streams and cost control
- Manage and liaise with Finance vendors
- Grants management
- Ensure that the approved grants and monies received are reconciled.
- Ensure that proper accounting is done for drawing down of restricted and designated funds.
- Reporting of grant utilisation to the management team.
- Ensure accurate and timely submission of quarterly and annual claims in the ILTC portal and to the relevant grant portals and agencies.
- Ensure compliance with funding agencies' financial regulations and optimise fund allocation.
- Provide advice and strategic input to internal stakeholders on the range of grants available to a social service agency, including the specific conditions and mechanisms associated with each grant.
- Donation management
- Ensure that the master list of donors is maintained in an accurate and timely manner by the team.
- Ensure that the team prepares tax deductions accurately and in a timely manner for donors.
- Ensure annual submissions of donor transactions are done accurately and on schedule to IRAS.
- Work closely with Partnerships Team to ensure seamless donor experience.
- Compliance duties
- Develop and implement robust internal controls and taking appropriate actions to address audit findings and recommendations.
- Participate in mandatory surveys relating to Finance, procurement, or administrative matters from the Statistics Department or relevant authorities.
- Lead and coordinate all statutory audits and internal audits with the support of the team.
- Update and maintain finance policies/SOPs as and when required.
- Ensure that financial governance and compliance frameworks evolve with changing industry standards.
- Team management
- Develop a high-performance finance team, fostering a culture of continuous improvement, collaboration, and innovation.
- Represent the Finance team in senior leadership discussions, driving cross-functional collaboration.
- Provide leadership and day to day guidance to ensure team is well managed
Benefits
