[What the role is]
The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore.
For more information on EDB, please visit www.edb.gov.sg
EDB’s Finance, Procurement & Risk Assurance division is an imperative business partner to our officers in the overseas operations, industry and policy groups. This role requires extensive cross-functional partnership with various teams within and outside EDB. The candidate will be primarily responsible for providing timely analysis, review and data insights to the Board; in areas of management information, financial incentives budgetary control and governance.
[What you will be working on]
This role will be responsible for orchestrating financial compliance, analysis and budgeting, procurement and business partnering for EDB’s overseas operations, and being involved in procurement and financial system management, migration and enhancement projects. Candidate will also be required to be familiar with incentive guidelines administered by the EDB as well as knowledge in Enterprise Risk Management.
Key responsibilities will include:
Communicating with senior executives, Finance personnel, researchers and lead engineers to ascertain the status of financial incentives awarded to companies.
Assessing the achievement of incentives conditions with on-site visit and documents review.
Reviewing claims submitted by companies, for compliance with guidelines and award letters.
Ensuring service delivery in accordance with pre-defined service level agreements, from planning, fieldwork and reporting.
Identifying gaps, leading and shaping policy framework from issues identified.
Preparing periodic reports to senior management.
Promoting organisational awareness on incentive governance and risk management.
Act as a strategic business partner to EDB’s overseas operations, providing financial and procurement guidance and support.
Collaborating with various teams within and outside EDB to understand business challenges and needs, offering financial and procurement expertise to EDB’s overseas operations to facilitate informed decision-making.
Overseeing the procurement process, ensuring cost-effectiveness, efficiency, and compliance with policies and regulations.
Collaborating with IT team, vendors and stakeholders to define requirements and optimise system functionality and workflows.
Managing system testing, training, and deployment phases, ensuring minimal disruption to operations.
Developing project plans and timelines, monitoring project progress, identifying and addressing issues and risks, and reporting regularly to key stakeholders and management.
[What we are looking for]
To meet the challenges of this role, you must have/be:
Bachelor’s Degree in Accountancy, Finance or Business Administration; or equivalent.
At least 3-7 years of relevant experience, preferably in the areas of procurement, budgeting, project management, governance and enterprise risk management.
Excellent communication, interpersonal and project management skills.
Good problem solving and critical thinking skills, results oriented and able to work independently and effectively under pressure or on multiple priorities and projects
Strong attention to detail and excellent analytical skills
Leadership experience and knowledge and practices in Data Analytics and Tableau, SAP Concur and Workday will be an advantage.
Singaporean
We review applications and interview on a rolling basis. Applicants can expect to receive an application outcome within 8 weeks from application date.
