Finance Manager
Job Summary
The Finance Manager oversees the organisation’s finance function, ensuring financial integrity, regulatory compliance, and effective financial stewardship. This role serves as a finance business partner to departments and project teams, providing financial insights, costing, and sustainability assessments. The position is responsible for driving financial governance and supporting strategic decision-making through sound financial planning.
Responsibilities
- Oversee finance operations, management accounts, and year-end statutory reporting.
- Lead annual budgeting, forecasting, and grant funding analysis.
- Manage treasury, cash flow, tax compliance, and donation accounting.
- Ensure governance, audit compliance, and enterprise risk management.
- Drive systems digitalisation and internal process improvements.
Required Skills
- Degree in Accounting/Finance with CA/CPA/ACCA qualification.
- 10+ years experience (3-5 years in a managerial role).
- Experience in non-profit, charity, or healthcare sectors.
- Strong analytical, problem-solving, and communication skills.
- Expertise in financial governance and stakeholder management.
Job Details
Duties and Responsibilities:
Financial Reporting & Oversight:
- Oversee finance operations and review monthly management accounts and financial statements for accuracy and completeness.
- Oversee year-end closing and preparation of statutory financial statements.
- Analyse financial performance, identify trends and risks, and provide recommendations to management.
- Present financial information to management and committees where required.
Budgeting & Stakeholder Business Partnering:
- Lead the annual budgeting and periodic forecasting process across departments.
- Monitor performance against budget and highlight key variances.
- Work closely with department heads and project teams to provide costing, financial feasibility, and sustainability advice.
- Support grant applications, funding proposals, and new initiatives with financial analysis.
- Communicate financial information clearly and practically to non-finance stakeholders and guide them on financial policies and funding requirements.
Treasury, Banking & Fund Management:
- Oversee organisational cashflow and liquidity management.
- Review cashflow forecasts and approve fixed deposit placements and excess fund placements in accordance with approved financial policies.
- Monitor restricted funds, designated funds, and grant utilisation.
- Liaise with bankers and administer bank accounts, mandates, authorised signatories, and e-banking controls.
Donations, Tax & Regulatory Compliance:
- Oversee donation accounting and reconciliation with the donation management system and donor receipting processes.
- Ensure compliance with tax-deductible donation reporting and IPC requirements.
- Manage tax compliance matters including withholding tax and statutory submissions to IRAS and ACRA.
- Review funder financial reports and regulatory filings prior to submission.
Governance, Audit & Risk Management:
- Maintain and strengthen financial policies, procedures, and internal controls.
- Act as the main finance liaison with auditors, regulators, funders and relevant external stakeholders.
- Coordinate audits and ensure timely closure of audit findings.
- Support enterprise risk management, Annual Report and prepare financial information and papers for the Finance Committee/Board.
Operations:
- Ensure timely completion of finance operations and reporting activities.
- Promote financial discipline and knowledge sharing across the organisation through guidance and support to stakeholders.
Systems & Process Improvement:
- Oversee finance systems and ensure data integrity and proper usage.
- Lead finance digitalisation and automation initiatives and work with IT on system integration.
- Implement process improvements to enhance productivity and reporting quality.
Educational Qualification:
- Degree in Accounting, Finance, or related discipline.
- Professional qualification (CA, CPA, ACCA or equivalent).
Relevant Experience:
- Minimum 10 years of relevant finance/accounting experience with 3–5 years of managerial experience.
- Experience in charity, non-profit, healthcare or grant-funded environment.
- Experience dealing with auditors, regulators and committees.
Behaviour Traits & Attitude:
- Strategic thinking
- Strong analytical and problem-solving ability
- Governance and risk awareness mindset
- Stakeholder and communication skills
- Leadership and people management