Established in 2001, Nanyang Institute of Management ("NIM") is a forward-looking premier education provider in the region. At NIM, we focus on "Nuturing Today for Tomorrow" with a student-centric culture that places learning needs above all else. We pride ourselves on the ability to offer an environment that is geared towards achieving academic and teaching excellence while nuturing our students as a whole.
We have an exciting career opportunity for the position of Chief Financial Officer (CFO). This newly created role offers a unique opportunity to contribute to NIM's mission. We invite talented individuals to join us.
Job Description:
A. Financial Strategy and Planning
- Develop and implement financial strategies aligned with the institution's mission and goals.
- Oversee the preparation of annual budgets, forecasts, and financial models.
- Monitor financial performance, analyse variances and recommended actions.
- Advise the Management on financial planning, budgeting, cash flow and policy matters.
B. Financial Reporting and Compliance
- Ensure accurate and timely financial reporting, including monthly, quarterly, and annual financial statements.
- Oversee the preparation of statutory accounts and manage audits.
- Ensure compliance with SIngapore's financial regulations, tax laws, and education sector-specific guidelines.
- Collaborate with regulatory bodies, auditors, banks and other stakeholders.
C. Risk Management
- Identify and manage financial risks, including operational, market and credit risks.
- Develop and implement policies and procedures to ensure financial controls and safeguard assets.
- Oversee the management of cash flow and working capital to ensure financial stability.
D. Operational Finance Management
- Oversee fees collection regarding procurement, payroll, tuition, and other financial operations to optimise efficiency and cost-effectiveness.
- Ensure that financial systems and processes are robust, compliant, and support current and future growth.
E. Leadership and Team Management
- Lead and mentor the finance team, foestering a culture of high performance, continuous improvement, and accountability.
- Collaborate closwith the Management team to support the institution's strategic mission and goals.
F. Strategic Financial Initiatives
- Support the development and execution of strategic financial initiatives, including expansion, partnerships, and new programs.
- Provide financial insights and analysis to support decision-making and strategic planning.
- Lead or participate in cross-functional teams to implement key projects and initiatives.
Requirements:
- Bachelor or Master's degree in Finance, Accounting or related field.
- Professional certifications such as CPA (Certified Public Accountant) or CA (Chartered Accountant).
- 8 years of progressive financial management experience, with 3 years of leadership role within the education sector.
- Comprehensive knowledge of Singapore's financial regulations and accounting standards.
- Strong business acumen, financial analysis, forecasting and budgeting skills.
- Ability to handle confidential information with discretion.
