We are seeking an experienced and highly skilled Finance Manager to join our Singapore team in the precious metals recycling industry. This role is crucial in overseeing and managing all financial operations, ensuring accurate reporting, and maintaining compliance with industry regulations and accounting standards.
Responsibilities
Financial Management and Reporting
- Oversee and manage the entire financial operations, including accounts payable, accounts receivable, payroll, and general ledger.
- Prepare and analyse financial statements, including balance sheets, income statements, and cash flow statements.
- Develop and implement effective financial strategies, policies, and procedures to streamline operations and improve profitability.
- Conduct financial forecasting, budgeting, and variance analysis to support strategic decision-making.
- Ensure compliance with generally accepted accounting principles (IFRS), industry regulations, and internal control policies.
Cost and Inventory Management
- Manage and monitor the cost of precious metals inventory, including tracking market prices and fluctuations.
- Develop and implement inventory management strategies to optimize inventory levels and minimize carrying costs.
- Analyse and report on inventory valuation, turnover, and profitability.
- Collaborate with procurement and production teams to ensure efficient inventory management and cost control.
Tax Reporting
- Preparation and submission of GST.
- Coordinate and facilitate tax reporting.
Risk Management
- Oversee the implementation and maintenance of internal controls and risk management policies.
- Reporting and Compliance.
- Ensure accurate and timely financial reporting to internal and external stakeholders, including senior management, and regulatory bodies.
- Maintain compliance with relevant laws, regulations, and industry standards, such as environmental regulations and precious metals trading regulations.
- Coordinate and facilitate external audits and regulatory inspections.
Others
- Support the Financial Controller on matters pertaining to the Group.
- Perform any other tasks or responsibilities as assigned by management.
- Oversee cashflow management and ensure smooth operational cashflow.
- Preparation of monthly finance report to the management
Qualifications and Requirements
- Bachelor's degree in Finance, Accounting, or a related field, preferrably CPA.
- Minimum of 8 years of experience in a finance management and supervisory role, preferably in the recycling industry.
- Strong knowledge of IFRS and financial reporting standards, and GST regulations.
- Proficiency in financial analysis, forecasting, and budgeting.
- Excellent analytical and problem-solving skills.
- Strong leadership and team management abilities.
- Excellent communication and interpersonal skills.
- Proficiency in financial software and Microsoft Office suite.
Additional Desirable Skills and Experience
- Experience in risk management and hedging strategies.
- Knowledge of precious metals trading and market dynamics.
- Familiarity with environmental regulations and sustainability practices.
- Experience in implementing and optimizing financial systems and processes.
- Strong negotiation and conflict resolution skills.
- Experience with China accounting is a plus.
- Able to communicate in mandarin with our China Finance team.
