Position Summary:
The Financial Controller is responsible for overseeing and managing the financial activities of the organization in compliance with Singapore Exchange (SGX) listing rules and other relevant regulatory requirements. This position plays a key role in financial planning, reporting, compliance, and strategic decision-making to support the company’s goals. The Financial Controller collaborates closely with senior leadership, external auditors, and regulatory bodies.
Key Responsibilities:
1. Financial Reporting and Compliance:
- Prepare and oversee accurate, timely financial statements in compliance with Singapore Financial Reporting Standards (SFRS).
- Ensure adherence to SGX listing requirements, including quarterly and annual reporting, announcements, and disclosures.
- Manage the preparation and filing of statutory financial reports and tax submissions.
2. Regulatory and Corporate Governance:
- Ensure full compliance with regulatory requirements, including SGX rules, MAS regulations, and corporate governance standards.
- Coordinate with external auditors and regulatory bodies to address queries and audits.
- Oversee the implementation of internal controls to safeguard the company’s financial integrity.
3. Budgeting and Forecasting:
- Lead the development of the annual budget and rolling forecasts.
- Analyze variances between actual and budgeted results and provide actionable recommendations.
- Support strategic decision-making with financial insights and projections.
4. Treasury and Cash Flow Management:
- Monitor and manage cash flow to ensure adequate liquidity.
- Optimize capital structure and manage banking relationships, loans, and credit facilities.
- Oversee foreign exchange risk, hedging, and other treasury-related activities.
5. Investor Relations and Reporting:
- Support in investor relations activities, including earnings calls, AGMs, and financial presentations.
- Prepare investor-related materials and respond to queries from stakeholders.
- Ensure compliance with SGX disclosure obligations and maintain transparency with shareholders.
6. Internal Controls and Risk Management:
- Establish, review, and enhance internal controls and processes to mitigate risks.
- Conduct regular risk assessments and recommend strategies for risk mitigation.
- Collaborate with internal auditors to ensure operational and financial efficiency.
7. Leadership and Team Development:
- Lead, mentor, and develop the finance team to build a high-performing department.
- Ensure effective succession planning and professional growth opportunities within the team.
- Promote a culture of accountability, collaboration, and excellence.
Key Requirements:
Education and Professional Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field; Master’s degree is an advantage.
- Chartered Accountant (CA), CPA, or ACCA qualification is required.
Experience:
- Minimum of 8-10 years of experience in finance or accounting roles, with at least 3-5 years in a senior leadership position.
- Proven experience in a Singapore-listed company or a similar environment.
- Strong understanding of SGX listing requirements, corporate governance, and compliance standards.
Skills and Competencies:
- In-depth knowledge of Singapore Financial Reporting Standards (SFRS) and tax regulations.
- Proficiency in ERP systems and financial software.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication and interpersonal skills to interact with stakeholders at all levels.
- High level of integrity, strategic thinking, and adaptability.
Additional Considerations:
This role requires a detail-oriented, strategic leader who can navigate the complex regulatory landscape of Singapore’s listed environment while driving financial excellence. The Financial Controller will be pivotal in aligning financial strategies with the company’s long-term objectives.