Senior/Manager - Finance

Senior/Manager, Finance (ILTC/Not-for-profit organisation)

Location: Central and West

Salary Range: Up to $7,000

Job Description

The incumbent will lead the Finance department in partnership with the Head of Department to drive financial strategy, governance, and operational excellence.

They will ensure accurate financial reporting, effective cash flow and investment management, and robust grant and donation oversight to support companys long-term sustainability.

Champion strong financial governance and compliance, developing and refining policies to align with best practices and regulatory standards. Provide strategic insights and leadership to enhance financial planning, risk management, and resource optimisation across the organisation.

Job Responsibilities:

Accounting and finance duties

• Ensure that accounts payable, accounts receivables, cash management, fixed asset management and general ledger management are accurately and timely handled by the team.
• 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

Others

• Any other duties as assigned by Reporting Officer

Job Requirements

• Bachelors degree in Finance /Accountancy /Banking or equivalent
• Chartered Accountant preferred
• Minimum 8 years of working experience in the related field with at least 2 years in the charity or healthcare sector.
• At least 2 years of experience in leading teams.
• Possesses good knowledge of MS Office applications in Excel and Word
• Understanding of charities accounting, donation and grant management would be a plus
• Meticulous and able to multitask
• Independent, proactive and good team player
• Exhibits positive mindset and ability to thrive in a dynamic environment

Please submit your updated resume in Word format by using the Apply Now Button.

We regret that only shortlisted candidates will be notified

People Profilers Pte Ltd, 20 Cecil Street, #08-09, PLUS Building, Singapore 049705.

Tel: 6950 9741
Email: [email protected]

http://www.peopleprofilers.com

EA License Number: 02C4944

Registration Number: R1106021

Posting Personnel: Sherry Yeoh Xianni