Finance Executive

We are looking for a meticulous and motivated Finance Executive to join our Finance team. Reporting to the Finance Manager, you will play a key support role across a broad range of finance functions including month-end closing, management reporting, GST compliance, grants administration, accounts receivable, audit support, compliance, and internal controls. This is an excellent opportunity for a finance professional looking to deepen their expertise in a dynamic association environment at the heart of Singapore’s FinTech ecosystem.

Responsibilities

Month-End Closing

Assist in month-end close activities including journal entries, accruals, and prepayments

Perform balance sheet reconciliations and ensure accounts are properly substantiated

Liaise with relevant teams to gather supporting documentation for closing entries

Management Reporting

Support preparation of monthly management accounts and financial schedules for internal review

Assist in budget-vs-actual variance analysis and commentary

Prepare and maintain supporting schedules and documentation for Finance Manager’s review

GST Compliance & Quarterly Reporting

Prepare quarterly GST returns for submission to IRAS, ensuring accuracy and timeliness in compliance with prevailing regulations

Conduct deep-dive reviews and analysis of GST-related transactions; identify, investigate, and resolve discrepancies proactively

Participate in SFA’s InvoiceNow Project: assist in scoping and implementing InvoiceNow-compliant workflows, drive improvements in GST submission through e-invoicing integration.

Grants Management & Administration

Issue billing documents to participants and follow up to collect outstanding payments; send payment reminders and update payment status in grants tracking files

Coordinate non-member conversion for grant-funded mission trips; liaise with the Membership team to follow up on potential conversions, and issue relevant invoices upon confirmation of conversion outcome

Prepare grant claim template files and supporting schedules for submission to funding bodies including MAS and Enterprise Singapore

Coordinate and assist in grant audits — prepare documentation and maintain organised and audit-ready grant records in compliance with funder requirements and SFA’s internal controls

Audit Support

Prepare audit schedules, reconciliations, and supporting documents for annual statutory audit

Liaise with external auditors to address queries and provide timely responses

Assist in preparation of financial statements and disclosures

Compliance & Internal Controls

Support compliance with internal financial policies, procedures, and regulatory requirements

Conduct fixed asset physical sighting and counting exercises as directed by SFA’s fixed asset policy

Maintain and update the fixed asset register including additions, disposals, and depreciation schedules, and manage fixed asset labelling, including affixing labels to new assets and replacing worn labels

Assist in documenting and reviewing internal controls to ensure adequacy and effectiveness

Finance Process Improvements

Identify opportunities to streamline and improve existing finance workflows

Assist in developing and maintaining Standard Operating Procedures (SOPs) for finance functions

Support implementation of process improvement initiatives and system enhancements