ABOUT SEMBCORP INDUSTRIES
Sembcorp Industries (Sembcorp) is a leading energy and urban solutions provider, led by its purpose to drive energy transition.
Headquartered in Singapore, Sembcorp delivers sustainable solutions to support energy transition and urban development by leveraging its sector expertise and global track record.
Sembcorp has a balanced energy portfolio of 21.2GW, with 14.4GW of gross renewable energy capacity across 10 countries.
Its urban development projects span over 14,000 hectares across Asia and have generated over 377,000 employment opportunities and attracted close to US$50 billion of investment capital.
Sembcorp is listed on the main board of the Singapore Exchange. It is a constituent stock of FTSE Russell Index, MSCI Singapore Index, Straits Times Index as well as sustainability indices including FTSE4Good Index, iEdge SG ESG indices and several MSCI ESG indices.
For more information, please visit www.sembcorp.com.
Purpose and Scope
Responsible for all financial functions for SG entities covering accounting, budgetary control, capital expenditure, cashflow management, cost optimization risk management and insurance to meet operating & strategic business targets. Support M&A activities, new investments and contracts by leading finance and tax scope of work required including due diligence, post acquisition integration.
Key Roles and Responsibilities
- Providing leadership, direction and management of the finance and accounting team
- Provides key driver analysis of SG performance
- Providing and participate in strategic recommendations and decision as members of the management team
- Investments/M&A. Responsible for financial and tax due diligence and executing deal negotiations in green/brown-field projects. Drive post investment integration in terms of the finance/governance systems and processes. Drive financing solutions for funding for new investments
- Develop performance measures and monitoring systems that support the company's strategic direction. Monitor the financial performance against budget and implement action plans to control costs. Lead annual and short-term planning and budgeting exercises. Track and monitor achievement of corporate strategies and KPIs, ensuring effective and prudent use of budgets. Pro-actively communicating results with recommendation for action. Perform revenue, costing, pricing, profitability, productivity, overheads, variance analysis
- Monitor the cash flow forecast of SG to ensure that adequate funds are available to meet the working capital. Establish and maintain good banking relationship with banks and negotiating optimal financing terms. Actively monitoring and ensuring optimal capital structure for the Markets responsible
- Evaluate the adequacy of internal control system and procedures for the Markets responsible. Implement policies and procedures to manage risk and upkeep appropriate corporate governance standards including regular monitoring and reviewing
- Manage the accounts in accordance to SFRS and local country statutory reporting requirements, including month-end and year-end closing. Co-ordinate and liaise with internal and external auditors for quarterly and yearly compliance review. Responsible for tax compliances of the Markets responsible
- Responsible for finance staff development plan
- Willing to travel and is able to be posted for short assignments (2 weeks to 3 months) on request
Major Challenges
- Stakeholders alignment (within market and at the Group)
- Fast Growth
- Technology disruption
- Regulatory compliance
- Talent identification
- Ad-hoc request and reports required.
Key Decisions & Dimensions
- As per Financial Authority Limits
- Provide insights and solutions to business leaders and the financial implications on course of actions
- Provide guidance and solutions to team
Qualifications & Experience
- Degree in Business Administration or Accountancy (CFA or CA preferred) or Economics with at least 5-8 years of managerial position;
- At least 3-5 years of experience in financial analyst role
- At least 5 years of handling financial reporting with group consolidation an added advantage.
Skills/competencies & Preferred Characteristics
- Good leadership, business oriented with ability to communicate and handle all levels including senior management
- Must be able to engage with staff at all levels of the organisation and exercise sound judgement
- Good understanding of accounting and group consolidation
- Strong in MS Excel and Powerpoint skills (able to develop financial model and prepare presentation information)
- Strong commercial and analytical skills, attention to detailed works
- Able to work independently in a fast-paced environment under pressure and tight deadlines
- Strong work ethic with a positive, can-do attitude to perform data analysis and resolve complex problems
- Excellent written, oral communication and interpersonal skills
At Sembcorp, our shared corporate behaviours underpin all the work that we do in building a sustainable future:
- Institution-first Mindset – Put the interest of the Group ahead of individual interests.
- Collaboration – Deliver through collaborating across markets, businesses and functions.
- Accountability – Hold team and self accountable to deliver on our commitments.
