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.
Key Roles and Responsibilities
- Providing leadership, direction and standardization of management of the finance and accounting team at SG & SEA
- Participate in key decisions as a member of the management team.
- Clears investment paper before going to investment committee for approval.
- Maintain in-depth relations with all members of the management team and market heads
- Investments/M&A. Responsible to work with the various finance heads and market heads for clearance of assumptions and financial and tax due diligence in green and brown-field projects respectively. Drive post investment integration in terms of the finance/governance systems and processes. Drive financing solutions for funding for new investments
- Provides monthly, forecast and budgeting of a consolidated SG & SEA
- Manages and set SG & SEA KPIs
- Develop standard performance measures and monitoring systems across the SG & SEA entities that support the tracking of the SG & SEA KPIs. 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
- Manage the Treasury and Cash Management functions and reporting to Group. Monitor cash flow forecast to ensure that adequate funds are available to meet the working capital of SG & SEA. Actively monitoring and ensuring optimal capital structure for SG & SEA.
- Evaluate the adequacy of internal control system and procedures for SG & SEA, working closely with the Market Risk, Market Procurement and Market legal to ensure policies and procedures stay relevant and in compliance with Group requirements.
- Regularly update the SG & SEA Financial Authority limits (FAL) to align with Group’s FAL cascaded.
- 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 10-12 years of managerial position;
- At least 10 years' experience in the finance industry with proven leadership and management experience
- At least 3-5 years of financial modelling experience in financial analyst role to support business case evaluation;
- Have done at least 5 years of investment evaluation.
- Energy Sector is an 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)
- Resource and able to search for market information independently.
- 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.
