Finance Manager
Elmwood Design Consultancy, Singapore Studio
Elmwood Design Consultancy is a leading global design agency renowned for creating impactful and innovative brand experiences. With a rich history of design excellence, we are committed to pushing the boundaries of creativity and design to deliver outstanding results for our clients. As we expand our creative team, we are seeking an experienced and dynamic Financial Controller to join our Singapore Studio.
Who are we looking for:
Commercial Management:
- Provide proactive financial insights and analysis to ensure transparency around business performance, minimizing surprises by keeping management well-informed of financial trends and risks.
- Oversee the monthly review of Master Account Plans, ensuring that financial and other KPIs are tracked against budget and forecast, driving performance improvements where necessary.
- Work closely with the MD and senior client service teams to manage profitability and revenue streams, ensuring alignment with the agency's strategic goals.
- Collaborate with client service teams to translate business ideas into financial plans and projections, offering support on how to best meet these goals.
- Lead efforts to optimize cost spending and maximize revenue, identifying key business drivers and developing financial models that support growth.
- Manage the budgeting and forecasting processes across all studios and the Holmes & Marchant network, ensuring both short-term and medium-term goals are achieved.
- Monitor client profitability and ensure optimal utilization of resources, overseeing inter-office resource sharing and aligning with the collaborative "One Elmwood" culture.
Financial Operations:
- Stewardship of local finance and management accounting, overseeing all finance functions for Singapore Studio
- Lead monthly financial reporting processes, preparing full P&L, balance sheet, and working capital reports to ensure timely and accurate financial insights.
- Manage the budgeting, forecasting, and long-term planning processes, working with HR, IT, Client Services, and Creative teams, as well as HQ and regional colleagues. This includes:
- Annual budgeting and long-term financial planning
- Bi-weekly cashflow forecasting
- Weekly revenue pipeline tracking
- Monthly and quarterly P&L forecasting
- Ensure sufficient working capital by managing debtor settlements, timely billing, and advance payments from customers where possible.
- Track and monitor actual financial performance against budgets, identify opportunities and risks, and propose solutions where necessary.
Audit, Tax & Compliance:
- Oversee the audit process for all Singapore-based entities, ensuring readiness and full compliance with statutory and internal requirements.
- Manage tax computations, compliance, and submissions, ensuring all statutory obligations are met.
- Ensure compliance with regulatory requirements, including reporting obligations to statutory bodies.
- Build and maintain strong relationships with external auditors, tax agents, and legal firms to ensure efficient and compliant operations.
- Ad-hoc Initiatives:
- Support the company’s growth by contributing to additional financial initiatives as the business expands, including process improvements and new project evaluations.
What you have done:
- Extensive experience in senior finance roles, preferably within creative services, marketing, or people-focused industries.
- Bachelor's degree in accounting, finance, or a related field.
- Recognized accounting qualification (ACCA, CIMA, CPA).
- Demonstrated leadership experience, with the ability to influence and collaborate across senior leadership teams.
- Proven ability to translate complex financial data into actionable insights for business leaders.
What We Offer
- Agency Retreats
- Group Health Insurance
- Group Personal Accident Insurance
- A hybrid working environment
- Curated Learning & Development opportunities
- Annual festivities, along with various social events throughout the year
- Fun Studio environment working alongside great and talented individuals
- We offer 'Recharge Friday' every two weeks, providing our team members a half-day off on Fridays to promote well-being and rejuvenation.
Equal Opportunities:
Elmwood Design Consultancy is an equal opportunity employer. We value diversity and encourage candidates from all backgrounds to apply. We appreciate all applicants' interest; however, only those selected for an interview will be contacted.
