FIBS Singapore established in Year 2021 is a vibrant and dynamic freight forwarding company located in the heart of Singapore. We are a close knitted cozy office pride ourselves to dedication to commitment to fostering a collaborative and supportive work environment.
We are looking for an independent, proactive and versatile Finance Manager who will play a pivotal role in managing Singapore office and assist Business Unit Head to oversees the financial operations of all SEA offices.
He/ She will have a direct influence on management's decision-making processes by providing actionable insights and recommendations based on rigorous analysis and research.
Responsibilites:
• Month-End Closing: Lead and execute the month-end closing process ensuring accuracy, timeliness, and compliance with regulatory standards. Coordinate with regional teams to consolidate SEA financial data and provide insightful analysis.
• Management Reporting: Drive the completion of management reports from multiple SEA entities for monthly business review. Develop and maintain streamlined processes to ensure efficient reporting and alignment with organizational objectives.
• Financial Reporting: Responsible for Singapore office audit completion and review other SEA Audited financial statements in accordance with applicable accounting standards and regulatory requirements. Ensure compliance with internal policies and external regulations, providing recommendations for improvement where necessary and ensure delivery within Group deadline.
• GST and Tax Compliance: Ensure accurate and timely reporting of Goods and Services Tax (GST) and withholding tax for our company. Work closely with external tax consultant for the yearly corporate tax compliance.
• Process Enhancement: Continuously assess and improve with Regional Finance team on financial accounting processes and procedures to enhance efficiency, accuracy, and control. Implement best practices and leverage technology to streamline workflows and drive operational excellence.
• Budgeting and Forecasting: Lead the development and execution of the annual budgeting and rolling forecasting process. Work closely with cross-functional teams to gather inputs, analyse trends, and establish realistic financial targets.
• Stakeholder Engagement: Collaborate with various internal stakeholders including Sales, Operations, and Finance teams to gather input, validate assumptions, and ensure alignment in financial projections. Communicate findings and recommendations effectively to key decision-makers.
• Financial Modelling: Collaborate closely with regional finance team in Hong Kong to develop and maintain financial models to support budgeting, forecasting, and scenario analysis. Utilize advanced Excel skills and financial modelling techniques to produce accurate and actionable insights.
• Month-End Closing: Lead and execute the month-end closing process ensuring accuracy, timeliness, and compliance with regulatory standards. Coordinate with regional teams to consolidate SEA financial data and provide insightful analysis.
• Management Reporting: Drive the completion of management reports from multiple SEA entities for monthly business review. Develop and maintain streamlined processes to ensure efficient reporting and alignment with organizational objectives.
• Financial Reporting: Responsible for Singapore office audit completion and review other SEA Audited financial statements in accordance with applicable accounting standards and regulatory requirements. Ensure compliance with internal policies and external regulations, providing recommendations for improvement where necessary and ensure delivery within Group deadline.
• GST and Tax Compliance: Ensure accurate and timely reporting of Goods and Services Tax (GST) and withholding tax for our company. Work closely with external tax consultant for the yearly corporate tax compliance.
• Process Enhancement: Continuously assess and improve with Regional Finance team on financial accounting processes and procedures to enhance efficiency, accuracy, and control. Implement best practices and leverage technology to streamline workflows and drive operational excellence.
• Budgeting and Forecasting: Lead the development and execution of the annual budgeting and rolling forecasting process. Work closely with cross-functional teams to gather inputs, analyse trends, and establish realistic financial targets.
• Stakeholder Engagement: Collaborate with various internal stakeholders including Sales, Operations, and Finance teams to gather input, validate assumptions, and ensure alignment in financial projections. Communicate findings and recommendations effectively to key decision-makers.
• Financial Modelling: Collaborate closely with regional finance team in Hong Kong to develop and maintain financial models to support budgeting, forecasting, and scenario analysis. Utilize advanced Excel skills and financial modelling techniques to produce accurate and actionable insights.
• Cash Flow Forecasting: Compile and analyse weekly cash flow forecasts to provide visibility into short-term liquidity needs. Collaborate with internal stakeholders to gather relevant data and validate assumptions to ensure accuracy in forecasting.
• Insurance Coverage Review: Assist in evaluating the adequacy of insurance coverage across various risk categories, including property, liability, and business interruption. Collaborate with insurance brokers and underwriters to ensure that coverage aligns with organizational needs and regulatory requirements.
• Lease Commitment Monitoring: Assist in maintaining a comprehensive database of lease agreements for local offices and closely monitor lease commitments, including renewal dates, rental obligations, and lease terms. Coordinate with internal stakeholders to ensure timely lease renewals and negotiate favourable terms where possible.
• Credit Control: Collaborate cross-functionally with sales, customer service, and other departments to resolve customer inquiries and disputes effectively. Continuously evaluate and improve accounts receivable processes and procedures to enhance efficiency and effectiveness.
• Human Resources and Payroll: Manages Payroll and Human Resources process for Singapore office (less than 10 staff) by working closely with payroll service provider or government agencies, ensuring accurate and timely payroll processing while adhering to all relevant regulations and compliance requirements.
• Administration: Manage all administrative functions for our Singapore office.
• Ad-hoc: Attend to ad-hoc enquiries per business requirement.
