Job Summary
The Assistant Director (Finance) is a key member of the management team. He/ she will report to the CEO and be responsible for the full spectrum of financial accounting and compliance requirements of HEB, overseeing and supervising the Finance team to ensure effective governance and adherence to the finance standards.
Key Responsibilities:
Financial Oversight and Review:
The incumbent will be responsible for budgeting, financial forecasting, preparing and reviewing monthly and annual financial reports, goods and services tax submissions, and facilitating audits for temples and units administered by Hindu Endowments Board. He/she will be responsible for ensuring the accuracy and completeness of daily sales and collection records, which includes verifying bank transactions and reconciling control accounts through the Finance Management Systems. He/she will manage grants, donations and endowment funds, ensuring compliance to relevant policies and regulations.
Financial Reporting and Analysis:
He /She will be reviewing and verifying financial reports and ledgers, as well as reconciling bank accounts and inter-endowment balances, and presenting Management Information System (MIS) reports at Board and Management meetings. These accountabilities will be for all operating units under the Hindu Endowments Board.
Procurement:
He /She will enforce compliance of procurement processes, including tenders and small value purchases, overseeing compliance of open and fair procurement processes. The finance team will thereafter manage payments, track assets and depreciation, and manage vendor relationships. This will include the need to maintain records related to gold and silver assets.
Compliance and Audit:
Compliance is a key function of this role. It involves conducting internal audits, implementing controls and providing training to temple administrators on financial processes and systems. Additionally, you will provide support for conduct of external and special audits.
Managing Stakeholders:
The ideal candidate will possess strong interpersonal skills, excellent communication and collaboration abilities. They should be able multi-task, build and maintain relationships with stakeholders at all levels, effectively communicate complex financial information, and work collaboratively with teams across the organization. A positive attitude, resilience, and a willingness to learn and adapt to changing circumstances are also essential qualities for success in this role.
Qualifications and Experience:
- Bachelor’s degree in Finance, Accounting, or a related field; Master’s degree or professional certification (e.g., CPA, CFA, completion of the qualification program which includes exams and work experience by the Singapore Chartered Accountant (CA Singapore) administered by ISCA
- Minimum of 8 years of experience in financial management, with at least 5 years in a senior managerial role.
- Demonstrated experience in procurement, contract management, fixed asset management, and financial governance.
- Strong analytical skills with a proven ability to interpret complex financial data.
- Excellent communication and interpersonal skills, with the ability to interact effectively with various stakeholders.
- Proficiency in financial software and Microsoft Office Suite (especially Advanced Excel)
- Strong understanding of Financial Reporting Standards.
- Expert knowledge of Financial Standards for Charities will be an advantage
- Various financial, GST,audit process knowledge
Benefits:
· Competitive salary and benefits package, aligned to public service
· Capability Building- Opportunity to work on diverse projects and broaden existing skills and new experiences
· Impactful and purposeful role with opportunity to impact the community and HEB with the policies and plans developed by the candidate
· Networking opportunity – to engage industry experts from various fields and volunteers in the community
