Total 13 financial controller job vacancies in Finance / Banking / Insurance category in Singapore - Singapore

Opportunities & Exposure

1. FP&A

• Assist controlling team for month-end closing tasks (e.g. review of accruals, monthly reporting for the HQ, Region or for local management)
• Analyse the main variances vs. last year and budget
• Evaluate profitability of the Brands analysing monthly P&L
• Prepare monthly meeting for Brands Management

 

1. Budget Preparation

• Prepare budget review meeting and budget review

 

1. Others

• Review of controlling procedures and update, if needed
• Streamline reporting processes and help to organize access to data
• Ad hoc analysis and project follow up

MAIN RESPONSABILITIES

• Business analysis
  • Assist controlling team for month-end closing tasks = review of accruals, monthly reporting for the HQ, Region or for local management
  • Analyze the main variances vs. last year and budget
  • Evaluate profitability of the Brands analyzing monthly P&L
  • Prepare monthly meeting for Brands Management

 

• Budget Preparation
  • Support with preparation of budget template and consolidation for SEA-OC
  • Assist with budget submission to HQ

 

• Internal Control
  • Review Internal Control Cockpit and highlight potential control issues
  • Support with follow-up action on retail audit, working closely with Retail teams

 

• Other
  • Support with development of Power BI for Net Sales and P&L monitoring
  • Review of controlling procedures and update if needed
  • Streamline reporting processes and help to organize access to data
  • Ad hoc analysis and project follow up

 

The Finance Controller – Sales Operations is a key role responsible for managing the financial and operational aspects of sales operations within smaller countries or regions without dedicated headcount. This position supports central risk management, ensures compliance, and handles a range of financial and operational tasks to drive efficiency and support business objectives.

Key Responsibilities:

• Act as the Deputy for Country Business Directors (CBD), supporting central risk management on controls and collaborating on local audits.

Local Governance:

• Champion and lead initiatives to enhance risk management and strengthen internal controls within the organization.
• Collaborate with central teams to conduct audits and ensure compliance with all relevant regulations and standards.
• Conduct thorough Global Corruption Risk Analyses to identify and mitigate potential corruption risks.
• Ensure all local operations are in full compliance with regulatory standards, maintaining the highest levels of integrity and accountability.

Credit Management:

• Skillfully resolve customer disputes, ensuring satisfaction and maintaining strong business relationships.
• Oversee and manage the review of orders on credit blocks, ensuring timely and accurate processing.
• Maintain healthy receivables by monitoring and managing overdue accounts, implementing strategies to reduce delinquency and improve cash flow.

Direct Purchasing:

• Oversee and manage purchasing activities for countries without dedicated staff, ensuring seamless procurement processes.
• Handle Local-for-Local transactions, demo goods, and indirect purchasing, ensuring cost-effectiveness and efficiency.
• Efficiently assign FI invoices in APM, ensuring accurate and timely financial processing.

Customer Escalation Support:

• Provide top-tier support for resolving customer escalations, ensuring a high level of customer satisfaction.
• Address delivery complaints, payment issues, warranty cases, and contractual concerns with urgency and attention to detail, maintaining positive customer relationships.

Pricing & Contract Management Support:

• Assist in the development, review, and negotiation of customer contracts to ensure favorable terms and compliance.
• Support the creation and maintenance of pricelists, ensuring they are up-to-date and accurate.
• Ensure accurate net pricing for selective customers, maintaining competitive and fair pricing strategies.
• Administer performance criteria and partner level discounts in SAP, optimizing financial performance and partner relations.
• Effectively manage rebate programs, ensuring timely and accurate execution.

Comprehensive Reporting:

• Prepare insightful Monthly Sales Associate Performance Reports to track and analyze individual and team performance.
• Conduct detailed Point of Sales (Tier2) Reporting, providing valuable data insights for strategic decision-making.
• Perform ad-hoc sales analytics to gain deeper customer insights and support sales strategies.
• Handle essential external reporting requirements for government, customers, and regulators, ensuring compliance and accuracy.

Cost Controlling:

• Lead cost center controlling activities, including Monthly End Close (MEC), Year-End Close (YEC), Business Planning (BP), and Financial Controlling (FC).
• Implement and monitor cost-saving measures to enhance financial efficiency and reduce expenses.
• Manage intercompany charges for all Service Level Agreements (SLAs) and additional costs, ensuring accurate and timely allocation.

Legal Entity Management:

• Calculate transfer pricing in accordance with guidelines from BT/FC to ensure compliance and accuracy.
• Oversee Year-End Close (YEC) reporting, income statements, and tax documentation, ensuring all financial records are accurate and complete.
• Coordinate audits of local GAAP and IFRS accounts, ensuring thorough preparation and compliance with auditing standards.
• Record and manage leasing cases for both tangible and intangible assets, maintaining detailed and accurate records.
• Serve as the primary interface to Business Process Outsourcing (BPO) partners, ensuring effective communication and collaboration.

Office Administration:

• Oversee daily office operations, including travel arrangements, management of company cars, IT coordination, and HR tasks.
• Efficiently coordinate payroll processes, including the calculation and distribution of commissions and bonuses.

Treasury Management:

• Oversee liquidity management and manage banking affairs to ensure optimal cash flow and financial stability.

• Ensure accurate menu costing and pricing of all new menu, evaluate standard recipes and determine its potential cost.
• Cost all recipes, inter-kitchen transfers and any food and beverage consumed by the hotel ambassadors (Ambassador Restaurant).
• Work with F&B in menu costing, pricing, testing, planning.
• Establish par stock for F&B outlets and beverage store, ensure compliance by the relevant departments.
• Perform physical count of beverage stocks at F&B outlets and beverage store.
• Ensure accurate month end inventory are recorded and reconciled with general ledger.
• Account for inventory movements with proper documentation.
• Ensure proper cost management to reduce F&B wastages and ensure no pilferages.
• Prepare weekly and monthly cost report, provide advice to management of F&B revenue and cost control.
• Oversee Receiving and Store Officer to ensure that the control policies and procedures are followed. Ensure proper record keeping of inventories.
• Check Market List, Receiving Record, Costing List to ensure the effectiveness of the control system.
• Review periodically F&B Sales against F&B produce report to make sure there is no irregularity, and that the pricing of Guest Checks is in accordance with current menu while on food is leaving the kitchen without being checked and priced.
• Auditing detailed food and beverage sales information.
• Perform daily and monthly Food and Beverage reconciliations, using POS-generated sales analysis reports and ensuring that all discrepancies are explained.
• Make suggestions for possible improvement in cost control procedures.
• Key member in procurement system conversion .
• Perform duty as and when required by Director of Finance.

During your internship, you will receive a comprehensive introduction to the bank and our various business segments. In addition, you will be provided with opportunities to network with our senior leaders.

You will be required to undertake a project during the internship. At the end of the programme, you will present your learning to the senior managers and Human Resources. 

As an intern with the Credit Ops Financial Transactions Team, you have the opportunity to participate in small process improvement initiatives/projects.

You will assist the Credit Ops Financial Transactions Team for the following:

• Support financial transaction processing e.g loan disbursement, loan collection & redemption, GL reconciliation & etc
• Insurance renewal process

By the end of the internship, you would have learnt about financial transactions on loan processing.   

Business analysis

• Assist controlling team for month-end closing tasks = review of accruals, monthly reporting for the HQ, Region, or for local management
• Analyze the main variances vs. last year and budget
• Evaluate the profitability of the Brands by analyzing monthly P&L
• Prepare monthly meetings for Brands Management

Budget Preparation

• Support with preparation of budget template and consolidation for SEA-OC
• Assist with budget submission to HQ

Internal Control

• Review the Internal Control Cockpit and highlight potential control issues
• Support with follow-up action on retail audit, working closely with Retail teams

Other

• Support with the development of Power BI for Net Sales and P&L monitoring
• Review of controlling procedures and update if needed
• Streamline reporting processes and help organize access to data
• Ad hoc analysis and project follow-up

• Ensure accurate menu costing and pricing of all new menu, evaluate standard recipes and determine its potential cost.
• Cost all recipes, inter-kitchen transfers and any food and beverage consumed by the hotel ambassadors (Ambassador Restaurant).
• Work with F&B in menu costing, pricing, testing, planning.
• Establish par stock for F&B outlets and beverage store, ensure compliance by the relevant departments.
• Perform physical count of beverage stocks at F&B outlets and beverage store.
• Ensure accurate month end inventory are recorded and reconciled with general ledger.
• Account for inventory movements with proper documentation.
• Ensure proper cost management to reduce F&B wastages and ensure no pilferages.
• Prepare weekly and monthly cost report, provide advice to management of F&B revenue and cost control.
• Oversee Receiving and Store Officer to ensure that the control policies and procedures are followed. Ensure proper record keeping of inventories.
• Check Market List, Receiving Record, Costing List to ensure the effectiveness of the control system.
• Review periodically F&B Sales against F&B produce report to make sure there is no irregularity, and that the pricing of Guest Checks is in accordance with current menu while on food is leaving the kitchen without being checked and priced.
• Auditing detailed food and beverage sales information.
• Perform daily and monthly Food and Beverage reconciliations, using POS-generated sales analysis reports and ensuring that all discrepancies are explained.
• Make suggestions for possible improvement in cost control procedures.
• Key member in procurement system conversion .
• Perform duty as and when required by Director of Finance.

JOB DESCRIPTIONS Extensive foreign exchange in G10 and E/M & bullion background Trading in foreign exchange spot, forwards, NDF’s, swaps and options Proficiency in client execution and delivering client solutions are must Provision of pricing and advisory capabilities to corporate and institutional clients Manage order book consisting of corporate and institutional orders Work to manage business flow through the desk to improve profitability Be point of contact for all FX clients Develop and maintain client relationships Excellent external and internal client relationship management experience QUALIFICATIONS & SKILLS            : Degree holder in Finance or Economics or above Minimum 5 years relevant FX experience CMFAS module 2A and 6 License holder or equivalent Must come from a FX trading background, dealing with corporates, institutions clients. Use of trading and communication tools including aggregators, Bloomberg, bank portals and any relevant SBPs Excellent communication, written and presentation skills in English, Mandarin Able to work under pressure and highly dynamic environment Results-driven team player Proficient in MS Office If you are looking for an environment of growth and opportunities, please direct a full resume, stating the position applied and expected salary

Business Financial Executive, Business Banking Posting Date: 29 Jan 2024 Location: Singapore, Singapore Company: 3677 About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values - Honorable, Enterprising, United and Committed. This means we always strive to do what is right, build for the future, work as one team and pursue long-term success. It is how we work, consistently, be it towards the company, our colleagues or our customers. About the Department The Wholesale Bank function operates a dynamic business model that provides financial services and solutions to help our clients achieve their strategic business objectives. Our mission is to become the premier-provider of banking services and solutions for Asia-based commercial banking companies (small medium enterprises), large corporations, financial institutions as well as multinational corporations. Our coverage teams work in full alignment with specialised teams across Transaction Banking, Investment Banking, Global Markets and Group Retail to deliver seamless solutions to our clients. Business Banking We develop integrated products and services targeted at helping small and medium-sized enterprises across the region progress through different stages of growth. These include innovative solutions and initiatives in areas of working capital loans, operational efficiency and currency exposure. Job Responsibilities As a Business Financial Executive (BFE), you will be involved in sales and marketing of wide spectrum of banking products and services to meet the financial and investment needs of small medium enterprises (SME). Products include commercial property loans, trade facilities, asset based financing etc. Your specific responsibilities include: • Acquire new borrowing accounts through leads database and active referrals • Provide prudent financial and investment solutions to meet the needs of UOB's SME customers • Establish and maintain long term and profitable banking relationships with both existing and prospective client • Ensure proper advisory procedures and documentation while adhering to the Bank's internal policies, business processes and regulatory requirements ( i.e. FAA and other related statutory Acts) If you are interested in the role, please submit your resume through this link. Profiles will be reviewed on a rolling basis. Job Requirements Recognised Degree in Accountancy/Business Administration/Banking & Finance At least 1 year of credit and marketing experience covering local SME(s) Strong analytical and interpersonal skills Excellent communication skills. Results-oriented, dynamic and self-driven Competent in engaging and managing internal and external clients Proven ability to exceed sales target Resourceful and able to work with minimal supervision Be a part of UOB Family UOB is an equal opportunity employer. UOB does not discriminate on the basis of a candidate's age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements and qualifications. If you require any assistance or accommodations to be made for the recruitment process, please inform us when you submit your online application. Apply now and make a difference.

Royal Ocean Marine, a reputed headhunting maritime company, is currently seeking a motivated and detail-oriented Credit Controller to join our client's finance team. In this role, you will be responsible for ensuring timely payments from clients and maintaining strong customer relationships. This is an excellent opportunity to contribute to the financial success of the company.

Responsibilities:

• Manage a portfolio of customer accounts and ensure timely payment collection
• Monitor and review customer credit limits
• Investigate and resolve payment discrepancies and disputes
• Send reminders and follow up with customers on outstanding balances
• Prepare and maintain accurate records of customer interactions and payment statuses
• Collaborate with internal teams to resolve any billing or payment-related issues
• Identify and escalate potential credit risks to management
• Prepare regular reports on accounts receivable and collections activity

• Minimum Degree / Diploma in Finance, Accounting, Business or any related discipline
• Minimum 5 years of relevant working experience
• Strong knowledge of credit control processes and best practices
• Excellent communication and negotiation skills
• Ability to build and maintain strong relationships with customers
• Attention to detail and ability to accurately analyze data
• Proficient in using accounting software and MS Office, especially Excel
• Strong organizational and time management skills

Singapore Citizen and Singapore residents will be given priority in the selection process. Only the shortlisted candidate will be contacted within 2 weeks' time. If you have not received any call or email from our recruitment team, assume that you are not shortlisted for the position

Chan Chee Meng

EA 07C3069

R1110620

RESPONSIBILITIES: Familiarize with internal credit processes and credit policies of the bank and the department; Cover credit for banks and non-bank financial institutions domiciled in South and South East Asia, Middle East and any other assigned countries; Assist in the preparation of credit applications and annual / semi-annual credit reviews involving in-depth analysis of customers’ financial standing, industry review, country assessment and business outlook; Co-present credit cases to seniors and credit committee together with the relationship managers; Liaise actively with other departments including Credit, Compliance, Operations at branch level and at head office; Provide periodic and ad-hoc market / banking news updates for banks and countries covered by the department; Assist in liaising with customers and counterparties and handling transactions to provide seamless service coverage to customers; Assist in regulatory and compliance matters such as AML/KYC due diligence etc. REQUIREMENTS: Degree in relevant discipline from a recognized university 2 to 3 years of experience in a bank - middle/front office Experienced/knowledge in credit analysis will be added advantage A good team player with the ability to work well independently within tight timelines and to multi-task SEARCH ALLY PTE LTD | [EA License Number] 18C9289  |  [Registration Number] R15512 By submitting any application or resume to us, you will be deemed to have agreed and consented to us disclosing your personal information to prospective employers for their consideration. Under the revised Employment Agencies License Condition 5(b), employment agencies (EAs) are required to collect the personal data (e.g. NRIC, FIN) of applicants referred to employers for permanent or contract job positions of at least 6 months with a fixed monthly salary of $3,300 and above. PDPA requirements on collection, use and disclosure of personal data are not applicable to EAs that are collecting such information, as it is a regulatory requirement. https://www.mom.gov.sg/faq/submit-quarterly-referral-and-placement/are-employment-agencies-allowed-to-collect-personal-dat

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service. Role/ Department: Focus on resolution of complex core custody accounting and financial transactions, where investment accounting knowledge is required to interpret policies, guidelines and/or processes. Full ownership for one or more processes, reports and/or procedures. Analytically and procedurally competent, representing the team on accounting or project deliverables. Emerging as an expert in a clientvaluation reporting. May be in final stages of studying for relevant professional qualification or accreditation. Manage and consult daily operational activities, serve as a liaison to related areas, and supervise day-to-day work of junior level employees or other location's output (but not a formal management role). Involve in consultative, problem solving, client engagement/onboarding projects. Demonstrate excellent analytical, consultative, communication, and judgment skills. The key responsibilities of the role include: - Focus on resolution of complex investment accounting transactions, where expertise is required to interpret policies, guidelines and/or processes. - Ensures that team/division's goal for accuracy and timeliness is maintained. - Analytically and procedurally competent, representing the team on client valuation reporting and projects deliverables - Escalates relevant and critical issues to management and all pertinent partners/clients in a timely and efficient manner. - Able to serve as a key subject matter expert and mentor other junior level employees. - More technically sound in area of expertise and has broader knowledge of other areas. - May manage daily operational activities and supervise day-to-day work of junior level employees (but not a formal management role). Skills/ Qualifications: The successful candidate will benefit from having: - Experience in financial industry operations environment or through advanced degree. International Financial Reporting Standards (IFRS) knowledge is required. - Strong understanding of Singapore Financial Reporting Standards is preferred. - Client communication, presentation, and consulting experience is preferred. - Knowledge of financial industry operations and accounting procedures. - Knowledge of investment accounting and financial instruments, specifically related to International Financial Reporting Standards (IFRS), usually obtained through related course work or prior related experience is required to review reports for exceptions. - Chartered Accountant, Certified Public Accountant, or similar professional qualification is a plus. - Analytical skills are required to research and resolve inquiries. Excellent oral and written communication skills are required. Global (Asia Pacific) market practice knowledge is mandatory. Knowledge of Northern Trust's core custody operations, system applications is required. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] . We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Our client is a well established global institutional asset management firm with office located around the world. They focus on investments in public & private debt, equity securities, direct investments in private companies and real estate. Due to expansion plan, they are currently looking for an Assistant Financial Controller in managing their Singapore, Japan and Hong Kong entities in Finance & Accounting matters Description Responsible for monthly Financial Statements and MAS, SFC and FSA financial regulatory monitoring Prepare and coordinate with Compliance on MAS quarterly filings and surveys, including Forms 1 and 2, Income & Expenditure Returns and GST Filings for the Singapore entity and the FRR and other filings for the HK entity Responsible for the Annual Budget and monitoring the Forecast throughout the year Preparation and review of Tax Compliance Assist the Controller in San Francisco in the year-end financial and payroll information for the annual compensation process Evaluate current accounting processes and procedures Assist in the documentation of procedures Liaise with Compliance and third-party consultants on existing regulation and future regulatory developments Co-ordinate with Tax on required Transfer Pricing Studies, including the supporting financial and business risk scenarios Co-ordinate with Compliance on the regulatory capital requirements necessary to meet the various thresholds set by MAS, the SFC, the FSA and other regulations Profile To succeed in this role, you should ideally possess the following: Degree in Finance, Accountancy or relevant disciplines At least 5 years of Audit and commercial experience in Accounting and Finance preferably in a Asset Management Firm Experience with MAS or SFC Licensed investment firms Hands on experience dealing with investment management firms relating to Accounting & Finance Experience with Singapore or Hong Kong regulatory compliance Experience with SAP B1, accounting software and SAP Concur is advantageous Job Offer Our client is a well established asset management firm with a global presence. They have an established history and strong track record with the asset management space. This is a newly created headcount based in Singapore where you will get the chance to manage the Accounting & Finance function of Singapore, Japan and Hong Kong. Newly created headcount Join a well established Asset Management Firm Regional exposure with strong career development The cash remuneration for this role will range between $10,000 - $12,000 per month excluding other attractive benefits and bonuses To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Dominic Chong on +65 6541 9857.